In the recent years there have been a lot of books written about quants on Wall Street. Some of the books have been a journalistic account of people, events, technologies that have revolutionized Wall Street. Some of the books are more technical that look like applied math/stats books. This book is a welcome addition to the existing literature. The book has been written by a Physics PhD who traces the rise of Physicists on Wall Street.

Not what we have but what we enjoy, constitutes our abundance. Epicurus

Geeta Ramanujam (Kathalaya) at TEDx, Bangalore [youtube https://www.youtube.com/watch?v=P2ccK66KKe8?rel=0]

For some, coffee is a big stimulant and for some the ambience that goes with it, the coffee shop. Here is a site that provides the right amount of ambient noise of a coffee shop . Link : Coffitivity

The purpose of the book is to illustrate various asset pricing concepts in a coin tossing world. Imagine a world where there is a money market instrument, an underlying security and various derivatives written on the underlying security. This world has a peculiar feature, i.e., the stock price can move up or down based on a coin toss. So, if one is looking at an option that has expiry 3 units from the current time, there are 8 outcomes of the stock price based on 8 coin toss realizations (HHH,HTH,HHT,HTT,THH,TTH,THT,TTT).