Paul Wilmott Introduces Quantitative Finance 2nd Edition

Even with a solid corporate finance background, it is difficult to break into quantitative finance. This book is an excellent bridge. Paul Wilmott in a gifted writer, who can make complex concepts easy to understand. I was also very impressed by the fact that Paul includes his personal email address in the book. When I had a problem with the CD, which is included with the book, I wrote to Paul. He promptly replied and directed the publisher to send me a new CD.

This book is an interesting introduction to the quantitative finance. It mainly focuses on pricing derivatives but also includes a little bit of modern portfolio theory and risk management. While reading you can choose if you want to dig deeply inside mathematical formulae or just understand the intuition behind them.

The author did a good job in explaining the mathematic intuition. Also, the way to introduces the financial terms makes non-finance professionals can get into the finance world quickly.

what can i say the 'bible', all you need to get started in quant trading

One of the few books for which I think I wasted my money. It is poorly written, often I would say it seems as material is even poorly understood or (most probably) there is a very limited capability in writing/explaining/organizing concepts. If you're looking for an understandable and intuitive intro to finance (or quantitative finance) this is the wrong book. If you're looking for something more deeper, precise and technical, this is *definetely* the wrong book.This book is far from being intuitive: even simple concepts such as VaR (value at Risk) are treated poorly and in an extremely complicated manner. Hull does a far better job in providing an intuitive approach to stochastic calculus, for instance. Often subjects are incomplete and almost always they lag intuitive and substantiated arguments; after one reads he/she will not understand much on the subject, unless they already know the subject matter very well and then would realized what little attention and competence has been put into this book.I bought it because of the somewhat good reviews and I the title and I am really surprise anybody can say this is a good book. Do not rely on this book. Keep looking elsewhere. These are my 2 cents.

This is by far one of the best introductory books on the market. Easily readable - concise - excellent examples - and good coverage of the material. Buy this book first - then consider Wilmott's 3-volume edition that expands further on the material.Other books that I would recommend as follow-up:Monte Carlo Methods in Financial Engineering, by Paul GlassermanThe Concepts and Practice of Mathematical Finance, Second Edition, by Mark S. Joshi

Great book, however, the online edition has no page numbers just constantly changing locations.

Great quality.