))
The Quants by Scott Patterson
Manage episode 485442585 series 3668347
Content provided by Palonio.com. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Palonio.com or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.
In this episode of 'One Trading Book per Day,' we delve into the fascinating world of quantitative finance with our exploration of Scott Patterson's 'The Quants.' This gripping account charts the rise of a new breed of traders, known as quants, who leveraged mathematical models and advanced technology to revolutionize the financial industry. From the birth of the quant revolution in the 1970s, led by pioneers like Ed Thorp, to the devastating quant meltdown of 2007, Patterson's book is a riveting exploration of the promise and peril inherent in this mathematical approach to trading. Through real-life examples and insightful analysis, we discuss the impact of the quant revolution on modern trading practices, such as high-frequency trading and passive investing. This episode highlights the power of quantitative methods in finance and the crucial lessons learned from the quants' rise, fall, and ultimate resilience.
71 episodes
Share
