Search Results: the-quants

The Quants

How a New Breed of Math Whizzes Conquered Wall Street and Nearly Destroyed It

Author: Scott Patterson

Publisher: Crown Business

ISBN: 9780307453396

Category: Business & Economics

Page: 352

View: 8941

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.

Keeping Up with the Quants

Your Guide to Understanding and Using Analytics

Author: Thomas H. Davenport,Jinho Kim

Publisher: Harvard Business Press

ISBN: 1422187268

Category: Business & Economics

Page: 240

View: 7728

Why Everyone Needs Analytical Skills Welcome to the age of data. No matter your interests (sports, movies, politics), your industry (finance, marketing, technology, manufacturing), or the type of organization you work for (big company, nonprofit, small start-up)—your world is awash with data. As a successful manager today, you must be able to make sense of all this information. You need to be conversant with analytical terminology and methods and able to work with quantitative information. This book promises to become your “quantitative literacy" guide—helping you develop the analytical skills you need right now in order to summarize data, find the meaning in it, and extract its value. In Keeping Up with the Quants, authors, professors, and analytics experts Thomas Davenport and Jinho Kim offer practical tools to improve your understanding of data analytics and enhance your thinking and decision making. You’ll gain crucial skills, including: • How to formulate a hypothesis • How to gather and analyze relevant data • How to interpret and communicate analytical results • How to develop habits of quantitative thinking • How to deal effectively with the “quants” in your organization Big data and the analytics based on it promise to change virtually every industry and business function over the next decade. If you don’t have a business degree or if you aren’t comfortable with statistics and quantitative methods, this book is for you. Keeping Up with the Quants will give you the skills you need to master this new challenge—and gain a significant competitive edge.

The Rise of the Quants

Marschak, Sharpe, Black, Scholes and Merton

Author: C. Read

Publisher: Springer

ISBN: 1137026146

Category: Business & Economics

Page: 195

View: 2508

The third book in the Great Minds in Finance series examines the pricing of securities and the risk/reward trade off through the legends, contribution, and legacies of Jacob Marschak, William Sharpe, Fischer Black and Myron Scholes, and Robert Merton, influencing both theory and practice, answering the question 'how do we measure risk?'

Die Schlaf-Revolution

So ändern Sie Nacht für Nacht Ihr Leben

Author: Arianna Huffington

Publisher: Plassen Verlag

ISBN: 3864704073

Category: Health & Fitness

Page: 464

View: 9918

Unsere Gesellschaft hat ein Problem mit dem Thema Schlaf. Viel Schlaf wird assoziiert mit Faulheit. Wenig Schlaf gilt als Zeichen für Leistungsfähigkeit. Permanenter Schlafmangel ist eine Epidemie unserer Gesellschaft. Die Folgen für unsere Gesundheit, unsere Leistungsfähigkeit, unsere Beziehungen und unser Lebensglück sind dramatisch. Arianna Huffington sagt: "Wir brauchen eine Schlaf-Revolution!" Gestützt auf neueste wissenschaftliche Erkenntnisse erklärt sie: "Wir müssen unser Schlafverhalten grundsätzlich überdenken, um unser Leben wieder in den Griff zu bekommen." Wie beeinflusst moderne Technik unseren Schlaf? Welche Rolle spielen Medikamente? Diesen und vielen weiteren Fragen geht die Bestsellerautorin kompetent und sachkundig nach. Das Ergebnis wird unser Schlafverhalten revolutionieren.

big data @ work

Chancen erkennen, Risiken verstehen

Author: Thomas H. Davenport

Publisher: Vahlen

ISBN: 3800648156

Category: Fiction

Page: 214

View: 1802

Big Data in Unternehmen. Dieses neue Buch gibt Managern ein umfassendes Verständnis dafür, welche Bedeutung Big Data für Unternehmen zukünftig haben wird und wie Big Data tatsächlich genutzt werden kann. Am Ende jedes Kapitels aktivieren Fragen, selbst nach Lösungen für eine erfolgreiche Implementierung und Nutzung von Big Data im eigenen Unternehmen zu suchen. Die Schwerpunkte - Warum Big Data für Sie und Ihr Unternehmen wichtig ist - Wie Big Data Ihre Arbeit, Ihr Unternehmen und Ihre Branche verändern - - wird - Entwicklung einer Big Data-Strategie - Der menschliche Aspekt von Big Data - Technologien für Big Data - Wie Sie erfolgreich mit Big Data arbeiten - Was Sie von Start-ups und Online-Unternehmen lernen können - Was Sie von großen Unternehmen lernen können: Big Data und Analytics 3.0 Der Experte Thomas H. Davenport ist Professor für Informationstechnologie und -management am Babson College und Forschungswissenschaftler am MIT Center for Digital Business. Zudem ist er Mitbegründer und Forschungsdirektor am International Institute for Analytics und Senior Berater von Deloitte Analytics.

Die Google-Story

Author: David A. Vise,Mark Malseed

Publisher: N.A

ISBN: 9783938017562

Category:

Page: 300

View: 3674

On waves, particles and hidden variables

a new approach

Author: Cornelis Willem Rietdijk

Publisher: N.A

ISBN: N.A

Category: Cosmology

Page: 136

View: 4013

Radiologic Technology

Author: N.A

Publisher: N.A

ISBN: N.A

Category: Radiology, Medical

Page: N.A

View: 2832

Asset Management

A Systematic Approach to Factor Investing

Author: Andrew Ang

Publisher: Oxford University Press

ISBN: 019938231X

Category: Business & Economics

Page: 368

View: 8534

In Asset Management: A Systematic Approach to Factor Investing, Professor Andrew Ang presents a comprehensive, new approach to the age-old problem of where to put your money. Years of experience as a finance professor and a consultant have led him to see that what matters aren't asset class labels, but instead the bundles of overlapping risks they represent. Factor risks must be the focus of our attention if we are to weather market turmoil and receive the rewards that come with doing so. Clearly written yet full of the latest research and data, Asset Management is indispensable reading for trustees, professional money managers, smart private investors, and business students who want to understand the economics behind factor risk premiums, to harvest them efficiently in their portfolios, and to embark on the search for true alpha.

Business Week

Author: N.A

Publisher: N.A

ISBN: N.A

Category: Business

Page: N.A

View: 3883

Alpha-Masters

Lernen Sie von den Stars der Hedgefonds-Szene

Author: Maneet Ahuja

Publisher: N.A

ISBN: 9783864700972

Category:

Page: 350

View: 3602

Wie gelingt es der Crème de la Crème der Hedgefonds-Manager, Jahr für Jahr die Märkte abzuhängen und Milliarden zu verdienen? Im Normalfall gibt es auf diese Fragen keine Antwort - die Herren des großen Geldes sind extrem öffentlichkeitsscheu und behalten ihre Geheimnisse für sich. Umso bemerkenswerter ist dieses Buch. Die mehrfach ausgezeichnete Autorin führte nicht nur reine Interviews - sie erhielt Zugang zu den verschwiegenen Zirkeln der Hochfinanz und somit auch Einblicke ins Privatleben und die Gedankenwelt vieler der Protagonisten. Herausgekommen ist ein packendes Werk voller Insiderwissen, wie die Märkte und ihre erfolgreichsten Akteure ticken.

Time

Author: N.A

Publisher: N.A

ISBN: N.A

Category:

Page: N.A

View: 9826

Cutting Through the Fog of the Investment Wars

Prerequisites for Success

Author: Craig P. Boulton

Publisher: iUniverse

ISBN: 0595260659

Category: Business & Economics

Page: 576

View: 7996

In this original investment book, the author provides a blend of topics combining the tools taught in finance classes with the practical experience of someone with three decades of investment success. The author covers several topics including the arithmetic of stock valuation and how to use same to develop rational expectations. Accounting issues are addressed since financial statements are not always what they seem. Financial history is presented since it consistently repeats itself and those who have some knowledge have a marked advantage. The author then devotes several chapters on what to look for when pulling together the story behind various investment choices and how to link disparate information to successfully find stocks that appreciate. To help in this process, the book spends time covering economics in ways that normal people can understand and provides useful analytical models for the average investor. The book concludes with emphasis on technical analysis, pointing out that it is based on solid micro-economic principles that allow one to cut through the information clutter to discern what is really going on before researching individual stocks. Altogether this is an interesting and different book on the subject that can greatly improve performance for most investors.

End Game

Author: Matthew Glass

Publisher: Atlantic Books Ltd

ISBN: 0857892665

Category: Fiction

Page: 300

View: 2115

July 5 2018, Masindi, Uganda: 218 people are massacred when the Lord's Resistance Army attack an undefended hospital. Amongst the dead are 32 American medical volunteers. September 12, UN Security Council: The US announces its plan to eradicate the Lord's Resistance Army once and for all. But it will mean military intervention in China's African sphere of influence. The message from the Chinese is keep out. October 17, Wall Street: Stock prices tumble as a wave of uncertainty sweeps the US markets. Memories of the collapse a decade ago are still fresh, and Washington is prepared to do what it takes to prop up America's banks. But the government's concern is that this time the turmoil is orchestrated. That someone is deliberately undermining the US markets. Three unrelated incidents, or the opening moves in a much larger confrontation between two superpowers?

The Economist

Author: N.A

Publisher: N.A

ISBN: N.A

Category: Economic history

Page: N.A

View: 8379

The Next Crash

How Short-Term Profit Seeking Trumps Airline Safety

Author: Amy L. Fraher

Publisher: Cornell University Press

ISBN: 080147048X

Category: Business & Economics

Page: 240

View: 5985

If you are one of over 700 million passengers who will fly in America this year, you need to read this book. The Next Crash offers a shocking perspective on the aviation industry by a former United Airlines pilot. Weaving insider knowledge with hundreds of employee interviews, Amy L. Fraher uncovers the story airline executives and government regulators would rather not tell. While the FAA claims that this is the "Golden Age of Safety,” and other aviation researchers assure us the chance of dying in an airline accident is infinitesimal, The Next Crash reports that 70 percent of commercial pilots believe a major airline accident will happen soon. Who should we believe? As one captain explained, “Everybody wants their $99 ticket,” but “you don’t get [Captain] Sully for ninety-nine bucks" Drawing parallels between the 2008 financial industry implosion and the post-9/11 airline industry, The Next Crash explains how aviation industry risk management processes have not kept pace with a rapidly changing environment. To stay safe the system increasingly relies on the experience and professionalism of airline employees who are already stressed, fatigued, and working more while earning less. As one copilot reported, employees are so distracted “it’s almost a miracle that there wasn’t bent metal and dead people” at his airline. Although opinions like this are pervasive, for reasons discussed in this book, employees’ issues do not concern the right people—namely airline executives, aviation industry regulators, politicians, watchdog groups, or even the flying public—in the right way often enough. In contrast to popular notions that airliner accidents are a thing of the past, Fraher makes clear America is entering a period of unprecedented aviation risk.

Quantitative Value

A Practitioner's Guide to Automating Intelligent Investment and Eliminating Behavioral Errors

Author: Wesley R. Gray,Tobias E. Carlisle

Publisher: John Wiley & Sons

ISBN: 1118416554

Category: Business & Economics

Page: 288

View: 9452

A must-read book on the quantitative value investmentstrategy Warren Buffett and Ed Thorp represent two spectrums ofinvesting: one value driven, one quantitative. Where they align isin their belief that the market is beatable. This book seeks totake the best aspects of value investing and quantitative investingas disciplines and apply them to a completely unique approach tostock selection. Such an approach has several advantages over purevalue or pure quantitative investing. This new investing strategyframed by the book is known as quantitative value, a superior,market-beating method to investing in stocks. Quantitative Value provides practical insights into aninvestment strategy that links the fundamental value investingphilosophy of Warren Buffett with the quantitative value approachof Ed Thorp. It skillfully combines the best of Buffett and EdThorp—weaving their investment philosophies into a winning,market-beating investment strategy. First book to outline quantitative value strategies as they arepracticed by actual market practitioners of the discipline Melds the probabilities and statistics used by quants such asEd Thorp with the fundamental approaches to value investing aspracticed by Warren Buffett and other leading value investors A companion Website contains supplementary material that allowsyou to learn in a hands-on fashion long after closing the book If you're looking to make the most of your time in today'smarkets, look no further than Quantitative Value.

Business Review Weekly

BRW

Author: N.A

Publisher: N.A

ISBN: N.A

Category: Australia

Page: N.A

View: 7713

Find eBook