Yesterday I found myself watching one of the most awesome Wall Street movies according to Business Insider: “Quants: The Alchemists Of Wall Street” (2010). While not a professional quant by myself but just someone from Eastern Europe who has “math as a second language” (as they, while exaggerating somewhat, refer to the Eastern Europeans in the film) and has only got a flavor of the art of financial modeling when developing a few “black boxes”*, I should admit that there were several points of recognition for me. Therefore I’d like to share my thoughts and reflections below.
If you like, you can watch the movie first by yourself, embedded below via YouTube (takes about 48 minutes). As put in the Business Insider: “It’s a rare look inside the minds of mathematical geniuses who have invented financial models that have both destroyed and made Wall Street.”
I think the film might be entitled as “Confessions of the Wall Street Wizards” as well.