Emanuel Derman’s Models.Behaving.Badly., reads like an assemblage of storytellling, memoir, and mathematics meant to explain how, in his words, the financial crisis was a failure of both qualitative ...

Columbia University professor and author of My Life as a Quant Emanuel Derman is scheduled to speak at the CFA Society of Atlanta’s meeting in September. Derman is head of risk at Prisma Capital ...

In his latest book Models.Behaving.Badly: Why Confusing Illusion With Reality Can Lead to Disaster, on Wall Street and in Life, the physicist-turned-economist Emanuel Derman looks at how a superficial ...

Anthropomorphism is the attribution of human characteristics to inanimate objects. Lately, I've noticed an increasing tendency towards pragmamorphism, my name for the naïve materialism involved in ...

Few people understand the rise of quantitative financial techniques, and their limits, as well as Emanuel Derman does. The South African–born scientist earned a Ph.D. in theoretical particle physics ...

Disturbed, disillusioned and ashamed: Those aren’t emotions you expect a Wall Street “quant” to express when asked why taxpayers were obliged to bail out wealthy bankers. Unless, of course, the quant, ...

After spending 20 years studying physics, Emanuel Derman decided to switch to a career in stock options at Goldman Sachs. Emanuel Derman expected to feel a letdown when he left particle physics for a ...

Trained as a physicist, Emanuel Derman once served as the head of quantitative analysis at Goldman Sachs and is currently a professor of industrial engineering and operations research at Columbia ...

Emanuel Derman expected to feel a letdown when he left particle physics for a job on Wall Street in 1985. After all, for almost 20 years, as a graduate student at Columbia and a postdoctoral fellow at ...

Emanuel Derman expected to feel a letdown when he left particle physics for a job on Wall Street in 1985. After all, for almost 20 years, as a graduate student at Columbia and a postdoctoral fellow at ...