The First 20 Hours

The major barrier to skill learning isn’t intellectual…. it’s emotional. -- Josh Kaufman [youtube https://www.youtube.com/watch?v=5MgBikgcWnY?rel=0]

Probability Theory in Finance : Book Review

This book reminds me of “Elementary Stochastic Calculus with Finance in view”, a book by Thomas Mikosch, in terms of the overall goal. This book has a goal of making the reader understand the nuts and bolts of Black Scholes pricing formula. Probability theory, Lebesgue integration and Ito Calculus are the main ingredients in the Black Scholes formula and these rely on set theory, analysis and an axiomatic approach to mathematics.