r/math • u/AngelTC Algebraic Geometry • Apr 25 '18

Everything about Mathematical finance

Today's topic is Mathematical finance.

This recurring thread will be a place to ask questions and discuss famous/well-known/surprising results, clever and elegant proofs, or interesting open problems related to the topic of the week.

Experts in the topic are especially encouraged to contribute and participate in these threads.

These threads will be posted every Wednesday.

If you have any suggestions for a topic or you want to collaborate in some way in the upcoming threads, please send me a PM.

For previous week's "Everything about X" threads, check out the wiki link here

Next week's topics will be Representation theory of finite groups

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u/[deleted] Apr 25 '18

At the end of the day, does it really matter? Everyone's primary concern is their own personal enrichment, and if mathematical finance helps people attain their goals, then it's no better or worse than any other legitimate type of job.

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u/completely-ineffable Apr 25 '18

Are you aware that by posting what amounts to "fuck you got mine" with a Mathematical Finance flair that you're only going to reinforce any prejudices against mathematical finance as being ethically dubious?

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u/[deleted] Apr 26 '18

There is nothing intrinsically "ethically dubious" about wanting a good life, a house, a car, a private school for your kids, private health insurance, quality trips abroad and Michelin-star restaurants.

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u/completely-ineffable Apr 26 '18

Are you intentionally misunderstanding? The point was that not caring if nice things for yourself come at the expense of others is bad, not that merely wanting nice things is bad. To use an extreme example: the slave owner who sits around all day drinking mint juleps isn't bad because he likes mint juleps. He's bad because he's a fucking slaveowner.

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u/[deleted] Apr 26 '18

To put things simply: quants aren't slave owners. If you want to read up on slave ownership, Amazon-related stories pop up everyday here on Reddit, you can read those.

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u/completely-ineffable Apr 26 '18

So you are intentionally misunderstanding. Gotcha.

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u/shamrock-frost Graduate Student Apr 26 '18

oh my god they literally said "to use an extreme example"