[geekly]

(Original post by TPJY)
Did you buy this book or did you borrow it? Because it's quite expensive and I don't that my local libraries will have it in...

I bought it off Amazon, but not at the Amazon price. If you click on the "used and new" link under the "More Buying Choices" tab on the right side of the page you can get it for ~£30.

Maybe check out a real copy in Waterstone's or something first, I think they stock them there. On the whole it is a huge book and quite technical; it is meant to be a textbook for professionals telling them how to price bonds using formulas. (But like I said he does include an excellent section on CDOs, explaining their waterfall structure, talking about blowups.)

For me it was worth it. But if I was doing a project on CDOs and I didn't already have it, I'd probably get all the information for free online. It's all there, just less well-explained.

[TPJY]

alright, cheers!