StartseiteGruppenForumMehrZeitgeist
Web-Site durchsuchen
Diese Seite verwendet Cookies für unsere Dienste, zur Verbesserung unserer Leistungen, für Analytik und (falls Sie nicht eingeloggt sind) für Werbung. Indem Sie LibraryThing nutzen, erklären Sie dass Sie unsere Nutzungsbedingungen und Datenschutzrichtlinie gelesen und verstanden haben. Die Nutzung unserer Webseite und Dienste unterliegt diesen Richtlinien und Geschäftsbedingungen.

Ergebnisse von Google Books

Auf ein Miniaturbild klicken, um zu Google Books zu gelangen.

The Quants: How a New Breed of Math Whizzes…
Lädt ...

The Quants: How a New Breed of Math Whizzes Conquered Wall Street and Nearly Destroyed It (Original 2009; 2010. Auflage)

von Scott Patterson

MitgliederRezensionenBeliebtheitDurchschnittliche BewertungDiskussionen
560942,486 (3.55)25
A gripping narrative of brilliance and hubris, "The Quants" follows the rise of 1950s-era math geniuses let loose on Wall Street--who then set in motion ever widening market catastrophes.
Mitglied:jlane
Titel:The Quants: How a New Breed of Math Whizzes Conquered Wall Street and Nearly Destroyed It
Autoren:Scott Patterson
Info:Crown Business (2010), Hardcover, 352 pages
Sammlungen:Lists, Deine Bibliothek, Wunschzettel, Gelesen, aber nicht im Besitz
Bewertung:
Tags:Keine

Werk-Informationen

The Quants: How a New Breed of Math Whizzes Conquered Wall Street and Nearly Destroyed It von Scott Patterson (2009)

Keine
Lädt ...

Melde dich bei LibraryThing an um herauszufinden, ob du dieses Buch mögen würdest.

This was supposed to be a narrative of how algorithmic trading led to the crisis of 2008. But it's not even a narrative, let alone one supported by evidence. It's just a collage of factoids. It might have worked as entertainment if it were engaging and well-written, but it fails at that too. And it's just so incredibly cringey. Some of the passages could have been written by a 20-year old intern at BuzzFeed. Look at this:

"It wasn't the trio of cut-glass chandeliers hung from a gilt-laden ceiling that caught his attention, nor the pair of antique floor-to-ceiling mirrors to his left, nor the guests' svelt Armani suits and gem-studded dresses. Something else in the air made him smile: the smell of money. And the sweet perfume of something he loved even more: pure, unbridled testosterone-fueled competition."

Ten thousand years of human literature. I could have read some Flaubert or Nabokov or some good junk sci-fi. But instead I wasted my time on this garbage.

If you want to get a glimpse into algorithmic trading - its core ideas, its history, its protagonists - go with Gregory Zuckerman's "The Man Who Solved the Market" instead. ( )
  marzagao | Jun 1, 2021 |
Este libro explica un montón de cosas sobre la crisis de 2008, entrando tras un montón de puertas que yo creía que siempre habían estado cerradas. Es una lectura muy interesanet y muy bien llevada sobre cómo afectó el crack a los hedge funds, fondos de inversión sin reglas escritas sobre cómo invertir el dinero. Fondos de inversión discrecionales, podríamos llamarlos. En ellos, los más afamados traders se llevan cada año el 2% de lo que gestionan y el 20% de lo que ganan, operando en mercados guiados por alta matemática que busca pequeñas discrepancias en los mercados o bien tendencias que nadie más ha visto para obtener beneficios.
El libro comienza narrando las vidas de los principales managers de hedge funds, cómo se conocieron y formaron, cómo lanzarosn sus fondos, y cómo todos se pegaron la gran galleta en 2007, 2008, 2009 y subsiguientes.
El libro destroza la hipótesis de Fama de los mercados eficientes y cuenta un montón de cosas interesantes. Tiene algunos fallos de bulto, como cuando describe el carry trade (estás largo de yenes, no corto, cenutrio) y alguna otra, pero en general se lee muy bien. ( )
  Remocpi | Apr 22, 2020 |
Arrived Lausanne
  LOM-Lausanne | Mar 19, 2020 |
I got through about 140 pages of this 312 page book. It has an interesting premise: super-smart math geeks figure out how make a killing on Wall Street. Reporter Scott Patterson tells us how these computer math wizards came to Wall Street in the 1970s and with their math models out performed all the old school Wall Street experts. Unfortunately, there were so many of these guys I had a hard time keeping them all straight. He introduces a character; we follow him for awhile as he graduates with a Master's degree, gets a job with a financial company, and develops a computer program that allows him to bet with the odds in his favor. Just we get interested this character, Patterson introduces us to another character who is almost identical, and then another character, and another. After 140 pages, I didn't care any more, I have too many more books to read.

I think what Patterson had here was a very good magazine article that just didn't quite cut it in book form. I don't recommend this book. ( )
  ramon4 | Nov 22, 2016 |
Seemed very well researched and thorough. These were the major players who took the sophisticated world of financial trading and made it vastly more complicated. Products under trade and market models required teams of PhD's in math, physics, engineering, etc. After years of success they eventually grew too confident to recognize the massive risks they were buried in. When the market stumbled, the house of cards collapsed.

Not many of these characters were sympathetic. They enjoyed their absurd wealth and took great pleasure in macho competition and juvenile indulgence. They were a younger generation that took over the world of good old boys by following the lessons they learned in academia. The story follows early pioneers like Ed Thorpe in the 1960s, to the age of Quant hedge funds, all the way through the 2007-08 financial collapse.

My only complaints: There were a lot of players in the story and I didn't always remember who was who. And the explanations could get a bit technical, not being a financial person myself. But I understand this is a complicated marketplace and some things can't be boiled down beyond a certain point. ( )
  richjj | Jan 27, 2016 |
keine Rezensionen | Rezension hinzufügen
Du musst dich einloggen, um "Wissenswertes" zu bearbeiten.
Weitere Hilfe gibt es auf der "Wissenswertes"-Hilfe-Seite.
Gebräuchlichster Titel
Originaltitel
Alternative Titel
Ursprüngliches Erscheinungsdatum
Figuren/Charaktere
Wichtige Schauplätze
Wichtige Ereignisse
Zugehörige Filme
Epigraph (Motto/Zitat)
Widmung
Erste Worte
Zitate
Letzte Worte
Hinweis zur Identitätsklärung
Verlagslektoren
Werbezitate von
Originalsprache
Die Informationen stammen von der englischen "Wissenswertes"-Seite. Ändern, um den Eintrag der eigenen Sprache anzupassen.
Anerkannter DDC/MDS
Anerkannter LCC

Literaturhinweise zu diesem Werk aus externen Quellen.

Wikipedia auf Englisch (3)

A gripping narrative of brilliance and hubris, "The Quants" follows the rise of 1950s-era math geniuses let loose on Wall Street--who then set in motion ever widening market catastrophes.

Keine Bibliotheksbeschreibungen gefunden.

Buchbeschreibung
Zusammenfassung in Haiku-Form

Aktuelle Diskussionen

Keine

Beliebte Umschlagbilder

Gespeicherte Links

Bewertung

Durchschnitt: (3.55)
0.5
1 2
1.5
2 7
2.5 1
3 33
3.5 5
4 36
4.5 2
5 12

Bist das du?

Werde ein LibraryThing-Autor.

 

Über uns | Kontakt/Impressum | LibraryThing.com | Datenschutz/Nutzungsbedingungen | Hilfe/FAQs | Blog | LT-Shop | APIs | TinyCat | Nachlassbibliotheken | Vorab-Rezensenten | Wissenswertes | 203,230,126 Bücher! | Menüleiste: Immer sichtbar