The Engineer, the Physicist, and the Mathematician
An engineer, a physicist and a mathematician are staying in a hotel. The engineer wakes up and smells smoke. He goes out into the hallway and sees a fire, so he fills a trashcan from his room with water and douses the fire. He goes back to bed.
Later, the physicist wakes up and smells smoke. He opens his door and sees a fire in the hallway. He walks down the hall to a fire hose and after calculating the flame velocity, distance, water pressure, trajectory, etc. extinguishes the fire with the minimum amount of water and energy needed.
Later, the mathematician wakes up and smells smoke. He goes to the hall, sees the fire and then the fire hose. He thinks for a moment and then exclaims, “Ah, a solution exists!” and then goes back to bed.
An Introduction to Computational Finance
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