Daily Speculations

The Web Site of Victor Niederhoffer & Laurel Kenner

Dedicated to the scientific method, free markets, deflating ballyhoo, creating value, and laughter;  a forum for us to use our meager abilities to make the world of specinvestments a better place.

 

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I just finished My Life as a Quant, by Emanuel Derman tonight.   After reading this book, I felt similar to how I felt after I read Education of Speculator.  Everybody is a Physicist everybody is a mathematician just like you are speculator.   It all varies to the degree of determination, perspiration, passion and drive you as an individual want to put into it.  Mr. Derman has all of these words built into his accomplishments.  Never having met the man I look forward to the day when I can shake his hand if I am so lucky.   He has a deep devotion and love for his wife and children and this was portrayed and written about this as well.   This book both inspired as well as informed.  He took the reader through a history lesson of physics that is worth the cost of admission alone. One thing that stuck out about his early education was the early education he received in South Africa and how it shaped and molded his studies and observations for years to come. The discovery of the word "motherf...." by Mr. Derman is excellent and in taste.  He also gave me a (country bumpkin) a greater understanding of the word "Kosher" and what it means through its proper meaning unlike that has ever been explained to me before. I also liked being a non-physicist the odd ball definitions and explanations and felt that they were educational and opened doors to learning that have never been opened before.  For those whom admire Feynman of which has been mentioned prior, he is part of the history and now know why ya'll see him as an original man.