The Quants: How a New Breed of Math Whizzes Conquered Wall Street and Nearly Destroyed It
In a fast-moving narrative, Wall Street Journal reporter Patterson explores the coterie of mathematicians behind the Wall Street crash of 2008. The story’s stars are “an unusual breed of investors” called quants, who “used brain-twisting math and super-powered computers to pluck billions in fleeting dollars out of the market.” Following the first quant, Beat the Market author Ed Thorp, from his graduate school days in … [ Read more ]
Content: Book | Author: Scott Patterson | Subjects: Finance, History