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Ask HN: Best Resources on (Computational) Finance

24 points by adamnemecek 6y ago

Given the current situation, I was curious what are some good resources on finance, ideally with a computational point of view? I have tried to read some books but they all feel very poorly written and insanely boring.

kratom_sandwich 6y ago
Check out the works of Paul Wilmott, which include textbooks and a magazine of the same name which is (or at least used to be) the most expensive magazine subscription there is. Wikipedia: https://en.wikipedia.org/wiki/Paul_Wilmott https://en.wikipedia.org/wiki/Paul_Wilmott Documentary on "quants" featuring him: https://www.youtube.com/watch?v=ed2FWNWwE3I https://www.youtube.com/watch?v=ed2FWNWwE3I For finance in general, I recommend "Corporate Finance" by Berk & de Marzo or the CFA study material, which is quite accessible (at least for Level 1).
serjester 6y ago
I found this collection of Jupyter notebooks really well done. Some basic knowledge in stochastic calculus, financial mathematics and statistics is needed. https://github.com/cantaro86/Financial-Models-Numerical-Methods https://github.com/cantaro86/Financial-Models-Numerical-Meth...
akg_67 6y ago
Quantnet is a good forum for financial engineering and computational finance. They have a dedicated forum on books in these areas. Have a look at them. https://quantnet.com/forum/books.37/ https://quantnet.com/forum/books.37/ Why do you want to learn computational finance? That will be the key driver to the type of books you should be reading. A lot of coverage in this area has institutional focus, you typically will not have access to those instruments as individual retail investor.
- adamnemecek 6y ago
  This looks pretty good. Yeah, I'm definitely not interested in institutional books.
  - akg_67 6y ago
    If your interest is not institutional or working in finance, I will suggest to pick one retail accessible instrument, such as equity, ETF, options, futures, commodities, currency and dive into reading anything and everything about that instrument.
    - adamnemecek 6y ago
      Ok, reading what for example?
superrrrr 6y ago
I think she broke the news almost a day earlier than major news outlets: https://nope-its-lily.medium.com/ https://nope-its-lily.medium.com/ Incredible stuff which I don't understand nearly 50% of it, but I am learning...
- coolgeek 6y ago
  This may (or may not) be interesting. But it's got nothing to do with computational finance. Did you comment in the wrong thread? (It's not about general finance, either. It's about a very narrow thing - an event - with a heavy does of sociology thrown in. There's nothing at all wrong with discussing the sociological aspect. I just question why it's linked here, in this thread, as a response to OP's plea.)

24 points by adamnemecek 6y ago

kratom_sandwich 6y ago

Check out the works of Paul Wilmott, which include textbooks and a magazine of the same name which is (or at least used to be) the most expensive magazine subscription there is. Wikipedia: https://en.wikipedia.org/wiki/Paul_Wilmott https://en.wikipedia.org/wiki/Paul_Wilmott Documentary on "quants" featuring him: https://www.youtube.com/watch?v=ed2FWNWwE3I https://www.youtube.com/watch?v=ed2FWNWwE3I For finance in general, I recommend "Corporate Finance" by Berk & de Marzo or the CFA study material, which is quite accessible (at least for Level 1).

serjester 6y ago

I found this collection of Jupyter notebooks really well done. Some basic knowledge in stochastic calculus, financial mathematics and statistics is needed. https://github.com/cantaro86/Financial-Models-Numerical-Methods https://github.com/cantaro86/Financial-Models-Numerical-Meth...

akg_67 6y ago

Quantnet is a good forum for financial engineering and computational finance. They have a dedicated forum on books in these areas. Have a look at them. https://quantnet.com/forum/books.37/ https://quantnet.com/forum/books.37/ Why do you want to learn computational finance? That will be the key driver to the type of books you should be reading. A lot of coverage in this area has institutional focus, you typically will not have access to those instruments as individual retail investor.

adamnemecek 6y ago
This looks pretty good. Yeah, I'm definitely not interested in institutional books.
- akg_67 6y ago
  If your interest is not institutional or working in finance, I will suggest to pick one retail accessible instrument, such as equity, ETF, options, futures, commodities, currency and dive into reading anything and everything about that instrument.
  - adamnemecek 6y ago
    Ok, reading what for example?

superrrrr 6y ago

I think she broke the news almost a day earlier than major news outlets: https://nope-its-lily.medium.com/ https://nope-its-lily.medium.com/ Incredible stuff which I don't understand nearly 50% of it, but I am learning...

coolgeek 6y ago
This may (or may not) be interesting. But it's got nothing to do with computational finance. Did you comment in the wrong thread? (It's not about general finance, either. It's about a very narrow thing - an event - with a heavy does of sociology thrown in. There's nothing at all wrong with discussing the sociological aspect. I just question why it's linked here, in this thread, as a response to OP's plea.)