In particular, the Kelly criterion (also known as fortune’s formula) is comprehensively discussed with portfolio management in mind. R is used to perform statistical analysis.
Vasily Nekrasov – Knowledge rather than Hope – A Book for Retail Investors and Mathematical Finance Students
This book will not show you how to make millionaires. It does, however, tell you how to avoid common mistakes and severe losses. It also shows you which long it takes to recover.-Trading strategies can provide long term performance and How to determine if a strategy is working. In particular, the Kelly criterion (also known as fortune’s formula) is comprehensively discussed with portfolio management in mind. R will teach you how to do basic statistical analysis. The author also shares his (sometimes bitter) trading experiences. This book requires a working knowledge in college mathematics to be able to read it. However, the book is devoid of mathematical arrogance. and Complex but not practical market models. Monte Carlo simulation is the best way to solve most problems. We let the computer do its job for us. R code and sample chapters are available on the author’s website www.yetanotherquant.com
Download it immediately Vasily Nekrasov – Knowledge rather than Hope – A Book for Retail Investors and Mathematical Finance Students
Course Features
- Lectures 1
- Quizzes 0
- Duration 10 weeks
- Skill level All levels
- Language English
- Students 298
- Assessments Yes