The practice of taking advantage of a price difference between two or more markets. Quants write code to find these "free lunches" and execute trades in milliseconds.
Since we can't predict the future, quants run thousands of "what-if" scenarios (simulations) to see the range of possible outcomes for an investment. 3. Why It Matters An Introduction to Quantitative Finance
Learn about normal distributions, mean reversion, and correlation. The practice of taking advantage of a price
The "Big Bang" of quant finance. It’s a mathematical formula used to determine the fair price of stock options. An Introduction to Quantitative Finance
How your 401(k) or ETF automatically balances itself.