bigblog.tanbin.com
relocated to bintanvictor.wordpress.com (redirect someday: specialist vs generalist(manager), S'pore vs Wall St (le2Ed
http://bigblog.tanbin.com/2011/07/specialist-vs-generalistmanager-spore.html
Latest content was relocated to. Https:/ bintanvictor.wordpress.com . This old blog will be shutdown soon. Tuesday, July 5, 2011. Specialist vs generalist(manager), S'pore vs Wall St (le2Ed. To compete in a knowledge-intensive industry, an organization needs specialists good managers (what I call generalists). Tuesday, July 05, 2011. My favorite topics (labels). New York (Time Square), NY, United States. Http:/ www.linkedin.com/in/tanbin. View my complete profile.
bigblog.tanbin.com
relocated to bintanvictor.wordpress.com (redirect someday: Mark Hendrick's YC rules of thumb, clean and simplified
http://bigblog.tanbin.com/2015/05/yc-rules-of-thumb-simplified.html
Latest content was relocated to. Https:/ bintanvictor.wordpress.com . This old blog will be shutdown soon. Monday, May 4, 2015. Mark Hendrick's YC rules of thumb, clean and simplified. Mark Hendricks' lecture on Fixed Income introduced a nice, simplified methods of looking at many important mathematical rules of thumb on the yield curve. We used only zero coupon government bonds without any call feature. There's no "1 r" either. Perhaps the best illustration is the rule on fwd curve vs YC, on P4.12.
bigblog.tanbin.com
relocated to bintanvictor.wordpress.com (redirect someday: dummy's PCP intro: replicating portf@expiry=>pre-expiry
http://bigblog.tanbin.com/2015/04/pcp-1st-rule-replicating-portfolio.html
Latest content was relocated to. Https:/ bintanvictor.wordpress.com . This old blog will be shutdown soon. Tuesday, April 28, 2015. Dummy's PCP intro: replicating portf@expiry= pre-expiry. To use PCP in interview problem solving, we need to remember this important rule. If you don't want to analyze terminal values, and instead decide to analyze pre-expiry valuations, you may have difficulty. The right way to derive and internalize PCP is to start with terminal payoff. Tuesday, April 28, 2015.
bigblog.tanbin.com
relocated to bintanvictor.wordpress.com (redirect someday: 1st theorem of equivalent MG pricing, precisely(%%best effort
http://bigblog.tanbin.com/2015/05/1st-theorem-of-equivalent-martingale.html
Latest content was relocated to. Https:/ bintanvictor.wordpress.com . This old blog will be shutdown soon. Monday, May 18, 2015. 1st theorem of equivalent MG pricing, precisely(% best effort. Despite my best effort, I think this write-up will have. Unclear, ambiguous points. But first step is to write it down. This is first phase of thin- thick- thin. Version 1: under RN measure [1], all traded asset [2] prices follows a GBM [4] with growth rate [5] similar to the riskfree. 5] see post on drift grow rate.
bigblog.tanbin.com
relocated to bintanvictor.wordpress.com (redirect someday: lval(i.e. L-value) - my definition, incl c++ func CALL
http://bigblog.tanbin.com/2015/05/lvalie-l-value-my-definition-incl-c.html
Latest content was relocated to. Https:/ bintanvictor.wordpress.com . This old blog will be shutdown soon. Monday, May 18, 2015. Lval(i.e. L-value) - my definition, incl c func CALL. See also post on rval reference. Int* p1 = &. Foo(); / ok, foo() is an lvalue. Foo(5) = 42; / (A) ok, foo() is an lvalue. Java doesn’t allow it but does allow . Java # foo[5]=42; / (B). P1 = / ok. P1 = / ok. Ok Most deference expressions can be L-value expressions. Monday, May 18, 2015. My favorite topics (labels).
bigblog.tanbin.com
relocated to bintanvictor.wordpress.com (redirect someday: ED futures to replicate IRS
http://bigblog.tanbin.com/2014/05/ed-futures-to-replicate-irs.html
Latest content was relocated to. Https:/ bintanvictor.wordpress.com . This old blog will be shutdown soon. Tuesday, May 19, 2015. ED futures to replicate IRS. I feel FRA is the correct thing to replicate IRS. The LTCM case P13 footnote very briefly described how to replicate IRS using ED futures. Here's how an ED trader replicates this IRS position - On trade date she would simultaneously buy or sell 40 futures contracts each with a maturity matching those announcement dates. Tuesday, May 19, 2015.
bigblog.tanbin.com
relocated to bintanvictor.wordpress.com (redirect someday: invest - high risk, high expected return - HY, currencies
http://bigblog.tanbin.com/2014/12/higher-risk-higher-expected-return.html
Latest content was relocated to. Https:/ bintanvictor.wordpress.com . This old blog will be shutdown soon. Monday, May 4, 2015. Invest - high risk, high expected return - HY, currencies. In theory, high risk means high (expected, not historical) return. More specifically, if an asset is perceived as more risky, then investors would demand evidence that it would yield higher return. A 2nd example is FX carry trade, like long INR/JPY. INR is expected to depreciate so investors demand higher interest.
bigblog.tanbin.com
relocated to bintanvictor.wordpress.com (redirect someday: c++ OO vs templates - evolution from C
http://bigblog.tanbin.com/2014/12/c-oo-vs-templates-evolution.html
Latest content was relocated to. Https:/ bintanvictor.wordpress.com . This old blog will be shutdown soon. Tuesday, May 5, 2015. C OO vs templates - evolution from C. Am no expert on language evolution, but I feel c extends C primarily in two directions - 1) OO and 2) templates (and perhaps 3) exceptions). Compared to OO, I feel c template meta-programming is more powerful more complex. Note STL is all template and no virtual function. I guess so are many popular Boost libraries. In fact, as of 2013, man...
bigblog.tanbin.com
relocated to bintanvictor.wordpress.com (redirect someday: don't use cash instrument in replication strategies
http://bigblog.tanbin.com/2014/12/dont-use-cash-instrument-in-replication.html
Latest content was relocated to. Https:/ bintanvictor.wordpress.com . This old blog will be shutdown soon. Monday, May 18, 2015. Don't use cash instrument in replication strategies. Update - use "bank account" . Beginners like me often intuitively use cash positions when replicating some derivative position such as a fwd, option or swap. Monday, May 18, 2015. My favorite topics (labels). New York (Time Square), NY, United States. Http:/ www.linkedin.com/in/tanbin. View my complete profile.
bigblog.tanbin.com
relocated to bintanvictor.wordpress.com (redirect someday: positioning yourself for the next TIDE (Avi, SunLin...
http://bigblog.tanbin.com/2015/05/positioning-yourself-for-next-tide-avi.html
Latest content was relocated to. Https:/ bintanvictor.wordpress.com . This old blog will be shutdown soon. Tuesday, May 19, 2015. Positioning yourself for the next TIDE (Avi, SunLin. Label – z careerBig20. Background: Avichal pointed out ."knowledge". To excel in any domain we need mileage, valuable insight, non-trivial experience, and accumulation - non-trivial and doesn't happen naturally. I have observed it with SQL, Java, Python, threading, trading system design . Tuesday, May 19, 2015.
