The Quants How a New Breed of Math Whizzes Conquered Wall Street and Nearly Destroyed It - Ebook A2
$29.99$37.49Save 20%

Description
The Quants
How a New Breed of Math Whizzes Conquered Wall Street and Nearly Destroyed It
With the immediacy of today’s NASDAQ close and the timeless power of a Greek tragedy, The Quants is at once a masterpiece of explanatory journalism, a gripping tale of ambition and hubris, and an ominous warning about Wall Street’s future. In March of 2006, four of the world’s richest men sipped champagne in an opulent New York hotel. They were preparing to compete in a poker tournament with million-dollar stakes, but those numbers meant nothing to them. They were accustomed to risking billions. On that night, these four men and their cohorts were the new kings of Wall Street. Muller, Griffin, Asness, and Weinstein were among the best and brightest of a new breed, the quants. Over the prior twenty years, this species of math whiz--technocrats who make billions not with gut calls or fundamental analysis but with formulas and high-speed computers--had usurped the testosterone-fueled, kill-or-be-killed risk-takers who’d long been the alpha males the world’s largest casino. The quants helped create a digitized money-trading machine that could shift billions around the globe with the click of a mouse. Few realized, though, that in creating this unprecedented machine, men like Muller, Griffin, Asness and Weinstein had sowed the seeds for history’s greatest financial disaster. Drawing on unprecedented access to these four number-crunching titans, The Quants tells the inside story of what they thought and felt in the days and weeks when they helplessly watched much of their net worth vaporize--and wondered just how their mind-bending formulas and genius-level IQ’s had led them so wrong, so fast.
Additional ISBNs
9780307453389, 9781415966518, 9780739385067, 9781415966532, 9780739385074, 9781415966525Important Notice:
- All products sold are digital e-books delivered in PDF or EPUB format only. No physical book will be shipped.
- By completing your purchase, you acknowledge and agree that you are purchasing a digital product, and no physical item will be delivered.
- Please carefully review this information before placing your order to avoid any misunderstanding. Due to the nature of digital products, orders are generally non-refundable once the file has been delivered or accessed, except in cases of technical error.


