Archives for Saturday, March 31, 2012

March 2012 (12)
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Time Value of Money (part 1)

Back in a previous life, I used to write swaps and options software for traders and brokers. Of all my jobs, I’d have to say that writing this kind of software was practically the only one that utilized my mathematics degree to any great extent, which I must admit is kind of depressing in a way. You’d think that programming is all about mathematics but, in reality, not so much. Sure, understanding lambda calculus is all very well, but you tend not to have to use it in your day-to-day work. (My friend and colleague Seth Juarez is perhaps the only other person I know who regularly uses “proper” mathematics in his work: he’s a fan of machine learning, and you can get his open-source library here for C# and .NET.) […]

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