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on 28 September 2010
This book covers valuation of a wide variety of financial assets. It is written in a way that is very simple to understand, yet contains a lot of advanced details. Very highly recommended.

Unfortunately Oxford University Press didn't deliver up to the author standards and I have to complain that the edition is rubbish - after just a few moths of use already a couple of pages have fallen off and other will follow shortly. Its a real shame, as the contents is a perfect reference for both academic and professional work.
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on 18 January 2013
Nearly the best textbook in continuous time finance. It is rather concise and straightforward. Any unnecessary technical details are omitted. Especially suitable for non-math major students. However the glue of this book is terrible. I really don't understand how oxford press can do this to such an excellent book.
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