The Quants

I just finished Scott Peterson’s The Quants: How a New Breed of Math Whizzes Conquered Wall Street and Nearly Destroyed It, a great read!

Peterson chronicles the evolution of the quants – tracing the evolution from Ed Thorp and his Beat the Dealer book about blackjack. Like many other readers, Thorp’s book had a big impact on me when I first read it. It definitely improved my blackjack playing – even if I never was good enough to get kicked out of a casino!

The meltdown of the quant funds in August 2007 is the conclusion of Peterson’s book – an engrossing read!

Leave a Reply

Please log in using one of these methods to post your comment: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.