Articles & Blog Posts

Michael Brenndoerfer

Writing

Mostly thoughts on data, AI, software engineering—and where they intersect with finance, business, and entrepreneurship.

Latest

Quantitative FinanceData, Analytics & AI

Structured Credit Products: CDOs, Tranching & Correlation

Master CDO mechanics, cash flow waterfalls, and correlation risk. Learn tranche valuation, the Gaussian copula model, and lessons from the 2008 crisis.

Writing

Latest

Structured Credit Products: CDOs, Tranching & Correlation

Router Z-Loss: Numerical Stability for MoE Training

Credit Default Swaps: Pricing, Hazard Rates & Valuation

Auxiliary Balancing Loss: Preventing Expert Collapse in MoE

MoE Load Balancing: Token Distribution & Expert Collapse

Interest Rate Swaps: Mechanics, Cash Flows & Applications

Options Trading Fundamentals: Calls, Puts & Payoff Analysis

Top-K Routing: Expert Selection in Mixture of Experts Models

Forward and Futures: Cost-of-Carry Pricing and Hedging

Gating Networks: Router Architecture in Mixture of Experts

Explore by Topic

Stay updated

Latest

Structured Credit Products: CDOs, Tranching & Correlation

Router Z-Loss: Numerical Stability for MoE Training

Credit Default Swaps: Pricing, Hazard Rates & Valuation

Auxiliary Balancing Loss: Preventing Expert Collapse in MoE

MoE Load Balancing: Token Distribution & Expert Collapse

Interest Rate Swaps: Mechanics, Cash Flows & Applications

Options Trading Fundamentals: Calls, Puts & Payoff Analysis

Top-K Routing: Expert Selection in Mixture of Experts Models

Forward and Futures: Cost-of-Carry Pricing and Hedging

Gating Networks: Router Architecture in Mixture of Experts

Explore by Topic

Stay updated