Search results for ""Author Scott Patterson""
Cornerstone The Quants: The maths geniuses who brought down Wall Street
You're a genius. Nobody plays the financial markets better than you. What could possibly go wrong?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. But as the catastrophic events of 2007 and 2008 showed, their seemingly failproof methods were little more than ticking timebombs.Inspired by the 'Godfather of Quants' - maths-professor-turned-gambler Ed Thorp, who began applying skills learned at the Vegas tables to the financial markets back in the 1950s - the quants achieved extraordinary success and massive wealth. 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.
£12.99
Random House USA Inc The Quants: How a New Breed of Math Whizzes Conquered Wall Street and Nearly Destroyed It
£13.56
£22.81
Cornerstone Dark Pools: The rise of A.I. trading machines and the looming threat to Wall Street
Dark Pools is the pacy, revealing, and profoundly chilling tale of how global markets have been hijacked by trading robots – many so self-directed that humans can’t predict what they’ll do next.It’s the story of the blisteringly intelligent computer programmers behind the rise of these ‘bots’. And it’s a timely warning that as artificial intelligence gradually takes over, we could be on the verge of global meltdown.‘Scott Patterson has the ability to see things you and I don’t notice.’ Nassim Nicholas Taleb, New York Times bestselling author of Antifragile, Fooled by Randomness and The Black Swan
£12.99