The FIVE books on QUANTITATIVE FINANCE you BEST read

A Listmania! list by Bachelier ""1004"" (Ile de France)
The list author says: "These are the FIVE books on QUANTITATIVE FINANCE you BEST read.

This list is in a series of one (1), three (3), five (5) and seven (7) books recommended on different topics I know something about either professionally or personally. The subject is "QUANTITATIVE FINANCE" of which there is vast literature and a nearly equal amount of noise. This list filters the noise.
ONE = MUST, THREE = SHOULD, FIVE = BEST, and SEVEN = THOROUGH. This is the BEST list.

Thorough list for amateurs or those who wish to self-train, for those more ambitious or bound for a profession, see my longer lists.

I do not believe in Superman or perfection. A good friend once memorably said “there are no good books” and I’d have to agree. Writing books is polluted by an odd utility curve, because the payoff probability is so low, the vanity curve overwhelms. This is particularly accented in finance, where good information is priced well.

The best information about any subject in finance, therefore, often comes from investment bank research. Yet few mortals have access to such works, as it is paid for from flow rents.

Nevertheless, one must begin somewhere. This list is for those who are beginning a journey to quantitative finance."
Financial Modeling
1.  Financial Modeling by Simon Benninga
The list author says:
  "Basic, but the single best book to start a journey in quantitative finance for a self-trained person or a beginner. Do not stop here."
$76.66   Used & New from: $19.50
4.7 out of 5 stars  See all reviews (61 customer reviews)

Options, Futures and Other Derivatives (6th Edition)
2.  Options, Futures and Other Derivatives (6th Edition) by John Hull
The list author says:
  "Even quant professionals call this "The Bible." With good reason. Hull is thorough and is unapologetically used as a reference on trading desks everywhere. Working through this book smashes into your brain how important volatility and contract microstructure is in a very practical way."
Used & New from: $32.95
4.5 out of 5 stars  See all reviews (19 customer reviews) | 2 customer discussions

See buying options
Quantitative Financial Economics: Stocks, Bonds  and Foreign Exchange
3.  Quantitative Financial Economics: Stocks, Bonds and Foreign Exchange by Keith Cuthbertson
The list author says:
  "This is a little easier than Joshi, and much easier than Dunis, but gives more of a front and center approach to investing in the context of macro and microeconomic events. An excellent round-up."
$57.89   Used & New from: $36.00
4.7 out of 5 stars  See all reviews (6 customer reviews)

The Concepts and Practice of Mathematical Finance (Mathematics, Finance and Risk)
4.  The Concepts and Practice of Mathematical Finance (Mathematics, Finance and Risk) by M. S. Joshi
The list author says:
  "Mark Joshi’s book is a bridge between Hull and the real world, and raises the bar on some of the topics introduced in Benninga. This is an essential book, and if it is too hard for you I suggest you give up."
Used & New from: $37.97
4.4 out of 5 stars  See all reviews (19 customer reviews)

See buying options
Applied Quantitative Methods for Trading and Investment
5.  Applied Quantitative Methods for Trading and Investment by Christian L. Dunis
The list author says:
  "This round-up book with chapters by experts begins where Benninga leaves off, and is an order of magnitude more difficult. Nevertheless, it is the single best “one stop shopping” book on the next stage of quantitative finance and investing I’ve come across."
$112.86   Used & New from: $76.05
3.8 out of 5 stars  See all reviews (4 customer reviews)

More Actions

Discover more about this author
 See all of their Listmania! lists
Make your own list
 Create a Listmania! list
View your page on Amazon.com
 Go to Your Profile page

Customer Discussions about products in this list  
   

About this Listmania!

 

Author

Bachelier ""1004"" (Ile de France)
Qualifications: NP high priest, finance professor, manages a huge balance sheet
Last updated: 11/13/07
Report abuse
    

More Listmania!

 

Quantitative Finance Intro books Quantitative Finance Intro books

Quantitative Finance Intro books: A list of 10 items by Josu

Trading Equities and Equity Options Trading Equities and Equity Options

Trading Equities and Equity Options: A list of 15 items by Carlos da Silva

Easy to read Computational Finance, Risk and Corporate Finance texts Easy to read Computational Finance, Risk and Corporate Finance texts

Easy to read Computational Finance, Risk and Corporate Finance texts: A list of 10 items by Jawwad Farid "bullworth"

Excel & VBA Books for financial modeling Excel & VBA Books for financial modeling

Excel & VBA Books for financial modeling: A list of 4 items by Werner Opperman

Books I read in my journey to becoming a world class trader Books I read in my journey to becoming a world class trader

Books I read in my journey to becoming a world class trader: A list of 40 items by Yaniv

   

More So You'd Like to...

 

Learn how to Manage a Business Portfolio Learn how to Manage a Business Portfolio

Learn how to Manage a Business Portfolio: A guide of 25 items by Penelope

Manage a Business Portfolio Manage a Business Portfolio

Manage a Business Portfolio: A guide of 25 items by Peter Poblano