1 of 2 people found the following review helpful
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This review is from: The Volatility Surface: A Practitioner's Guide (Wiley Finance) (Hardcover)
I wanted to find insights into volatility surface models and interpreting their shape, unfortunately Im just not that well schooled in mathematical theorem, mathematical proofing its mathematical deduction and mathematical modelling in order to follow the content in any meaningful way... I feel an opportunity has been missed here, because I still believe this material far more accessible than to be indicated in this book. Advanced mathematics is a language, it can be used to define the trajectory and spin of a ball, but sometimes what is needed is a step away from the maths and a more holistic view of those nuances observed to emanate in order to contextualise. On first glance then, this book delivers on the mechanics but is drudgery personified if you're not looking to mathematically model therum in that mathematical language. I will attempt it again soon looking to skip to the summaries to see if I can extract better value from it.. that said lets be honest here, Im not looking forward to it.