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The Bodhichitta Effect: Spreading Knowledge, Creating Wealth"

Generosity shines in all its forms, spreading happiness to both giver and receiver. What's more, it possesses the remarkable ability to replicate itself.

This blog owes its existence to the generosity of Professor Joydeep Dutta. Through a YouTube channel stumbled upon by chance, he meticulously elucidates mathematical theory spanning stochastic processes and probability in finance across two playlists comprising 40 videos.

Professor Dutta's courses are exceptional. With precision, he guides us through the intricate pathways of pure mathematical abstraction, from foundational concepts like Chebyshev's inequality and Borel-Cantelli lemma to pricing financial assets in an uncertain world.

As I neared the end of the first playlist, I felt grateful. It dawned on me that beyond equations, Professor Dutta was reshaping my understanding of the market. Drawing from years of trading experience, I realized mathematics holds valuable lessons for market analysis.

Towards the culmination of the second playlist, on the brink of finishing the course, I felt compelled to convey its significance without delving into mathematical jargon. Thus, this blog was born. Not all traders possess the mathematical background to be quants, but everyone can grasp the mathematical essence of markets on an intuitive level, without complex equations.

"Bodhichitta":

"Bodhichitta," a term from Sanskrit translating to "the mind of awakening," represents a generous mind aimed at the happiness of all beings without exception.

Driven by bodhichitta, Professor Dutta devoted countless hours to sharing his knowledge.

Now, I aspire to be part of this unending chain. The astounding capacity of bodhichitta to self-replicate, for the well-being of all.

 PS: You can explore Professor Joydeep Dutta's courses on YouTube. Part I covers the math foundations here, and Part II shows the financial applications of the theory here.

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