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Book description

A good introduction to quantitative finance.The chapters are well-organized and cover various topics from mathematics, financial products, to trading strategies, risk management and quantitative model design. Moreover, most of the chapters are independent which allows readers to skip them or read them later.There is not too much calculus which is one the most frequent drawbacks of quantitative finance books that are a bit dry for not-mathematical enthusiast readers. In my opinion, reading lines and lines of formulas is useless : either take a pen and a paper and do the calculation on your own to understand where the result comes from or skip to the end and read the final formula.But if you want more details, you will have to read the classics such as Hulls Options, Futures and Other Derivatives which offer more description of financial products and more calculus.

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