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Issue 3 of Wilmott was published in January 2003 - Download PDFs here.
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In This Issue
To download each of these files to your computer, right-click with your mouse on the appropriate link and choose the 'Save target as' option. If you don't have the Adobe Acrobat PDF Reader installed you can get a copy here.
Regulars
Cover Story: Swiss Miss? 1410 KB
Editor's Letter 931KB
News 898KB
Careers 43KB
Book Reviews 315KB
Book Club 309KB
Lyceum 90KB
Columns
Bill Ziemba: Good and Bad Properties of the Kelly Criterion 189KB Free Wilmott Article
Aaron Brown: Monopoly 101 - Part Two 733KB Free Wilmott Article
Rudi Bogni: The Power of Perspective 132KB
Ed Thorp: The Distribution of Stock Price Changes - Part 1 734KB Free Wilmott Article
Kent Osband: Pictures of Learning 169KB Free Wilmott Article
Espen Gaarder Haug with Jorgen Haug and William Margrabe: Asian Pyramid Power 6720KB

Espen Haug was in London to lecture on the Certificate in Quantitative Finance and gave a very well-attended talk at the Financial World Bookshop. Magazine subscribers received 10% discounts off everything in the shop! His lecture on Asian Pyramid Power can be seen here. (You will be asked to download WeEx software.)

Sponsored by d-fine

Thanks to 7city Learning for recording this event.

Pat Hagan: Convexity Conundrums: Pricing CMS Swaps, Caps and Floors 244KBFree Wilmott Article
Technical Papers
Hyungsok Ahn and Paul Wilmott: On Exercising American Options: The Risk of Making More Money Than You Expected 230KB Free Wilmott Article
Farhat Selmi and Jean-Philippe Bouchaud: Alternative Large Risks Hedging Strategies for Options 98KB Free Wilmott Article
Carol Alexander: Common Correlation and Calibrating the Lognormal Forward Rate Model 257KB Free Wilmott Article