Patterson The Quants
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Patterson, Scott: The Quants How a New Breed of Math Whizzes Conquered Wall Street and Nearly Destroyed It, RANDOM HOUSE, NEW YORK, 021 ISBN: 0307453383
A chronicle of how a financial sector once known as a clubby aristocracy became the playground of the technocrats, THE QUANTS is much more than a 'revenge of the nerds' story. It traces the history of the phenomenon, beginning with a 1950s gambler named Thorp who believed that the markets weren't random, to Thorp's successors, math geniuses spilling from the world's elite schools bent on using formulas and computers to rule the market. In the process it explains how our economy was brought close to collapse, and examines whether this take on the American Dream truly died with the crash.
NEUBUCH! 2011. 20 cm 203 mm x 134 mm x 22 mm
[SW: Wall Street; Berichte/Erinnerungen]
Scott Patterson: Quants The maths genuises brought down Wall Street, Random House Business Books, 031 ISBN: 1847940595
Quants - quantitative analysts - were the maths masterminds let loose on Wall Street in the belief that their brilliant, impregnable computer programs would always beat the market. This book charts their rise from obscurity to boom and then to bust, explaining why they were so confident - and how they got it so disastrously wrong.
NEW 198X24X132
[SW: Wall Street; Berichte/Erinnerungen]