Emanuel Derman was one of the pioneers of quantitative finance, having gone from studying physics to working on Wall Street in his memoir, My Life as a Quant, is a must-read book that tracks the evolution of finance in recent decades as it’s become more and more driven by mathematics. In the latest episode of Odd Lots, Derman discusses his career, the difference between finance models and physics models, and where Wall Street is going next.

Via Bloomberg

Joe Weisenthal And Tracy Alloway Talk with Emanuel Derman About The Onset Of Quants On Wall Street

Joe Weisenthal