Title: Big disappointment
Product review: This book was a big disappointment for three reasons: 1) it doesn't have a proper focus. Author wanted to cover everything and that's why the book is making sloppy impression, i.e. too wide and not too deep when it is necessary; 2) it doesn't help you as a quant in the everyday quant life. It doesn't show you how to backtest models, it doesn't tell you how to use all this knowledge in the practical way, it doesn't even tell about the robustness and out of sample testing; 3) it is an arbitrary collection of known theories with some unexplained extracts from the different fields which are not connected with each other in the logical way.As the final accord: why the "quant bible" is based on the "normal" distribution. How long are we going to use all this useless in practice old concepts like Black-Scholes models etc?
Would you say this review depicts the product in a flattering or unflattering light?
