The Quants: How a New Breed of Mat宽客 英文原版

The Quants, written by Scott Patterson, is a gripping account of the rise of a new breed of investors – the Quants, individuals who use advanced mathematical and quantitative tools to invest in the stock market. The book provides a detailed look into the minds of these mathematical wizards, including Morgan Stanley's Peter Muller, Citadel hedge fund's Ken Griffin, Cliff Asness of AQR hedge fund, and Boaz Weinstein of Deutsche Bank.Patterson chronicles the story of these four investors and their cohorts, showcasing their unique approaches to investing and their ascent to the top of the financial world. The author also delves into the inner workings of Wall Street during the global financial meltdown in 2007 and 2008, detailing how the Quants' reliance on their formulas and high-speed computers helped create a digitized money-trading machine that could shift billions around the globe with the click of a mouse. As the financial crisis unfolded, Patterson takes the reader on a thrilling ride through the world of high finance, showcasing the eccentric personalities and calculating minds behind the catastrophe. The book provides a cautionary tale of the dangers of unchecked greed and hubris in the world of finance, and is a chilling reminder of the catastrophic implications of ignoring the human factor in finance.In summary, The Quants is a must-read for anyone interested in the world of finance, the quirks of human nature, and the intersection between the two. Patterson's writing is engaging and insightful, and his account of the financial crisis is likely to leave readers with a renewed sense of caution and a greater appreciation for the dangers of unchecked greed in the world of finance.