Interesting Documentary on Quants
This is definitely worth watching -- http://vodpod.com/watch/3021879-tegenlicht-2010-quants-de-alchemisten-van-wall-street.
The film is a series of opinions from several principles of Quant Community. Two of those featured are Paul Wilmott and Emanual Derman. Together they've come up with The Financial Modelers' Manifesto. Despite the homage to the Communist Manifesto, it provides some useful and comedic insight and advice, specifically the end:
The Modelers' Hippocratic Oath
~ I will remember that I didn't make the world, and it doesn't satisfy my equations.
~ Though I will use models boldly to estimate value, I will not be overly impressed by mathematics.
~ I will never sacrifice reality for elegance without explaining why I have done so.
~ Nor will I give the people who use my model false comfort about its accuracy. Instead, I will make explicit its assumptions and oversights.
~ I understand that my work may have enormous effects on society and the economy, many of them beyond my comprehension.
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