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

PDF The Quants: How a New Breed of Math Whizzes Conquered Wall Street and Nearly Destroyed It by Scott Patterson in History

Description

In the running debate we call the "culture wars;" there exists a great feud over religious diversity. One side demands that only their true religion be allowed in the public square; the other insists that no religions ever belong there. The Right to Be Wrong offers a solution; drawing its lessons from a series of stories--both contemporary and historical--that illustrates the struggle to define religious freedom. The book concludes that freedom for all is guaranteed by the truth about each of us: Our common humanity entitles us to freedom--within broad limits--to follow what we believe to be true as our consciences say we must; even if our consciences are mistaken. Thus; we can respect others' freedom when we're sure they're wrong. In truth; they have the right to be wrong.


#53239 in Books Scott Patterson 2011-01-25 2011-01-25Original language:EnglishPDF # 1 7.98 x .71 x 5.17l; .55 #File Name: 0307453383352 pagesThe Quants How a New Breed of Math Whizzes Conquered Wall Street and Nearly Destroyed It


Review
5 of 5 people found the following review helpful. Repetitive and too much fan boy gushBy John E. DruryThis book gets old fast. The author repeats the same format for each of his profiled Quants; birth; school; first job; card playing; poker. He explodes with superlatives. This book seems like one of those extended Fortune; Business Week; Vanity Fare pieces without the photographs. Patterson repeats himself and focuses too much on the Ferraris; houses in the Hamptons and the poker matches. He confides where one successful Quant eats in Chicago. He pops in a bell curve chart thinking it will sate the reader's interest that he knows something about the Quants' search for the mathematical Truth. What he knows he tells well but gush and the lap dog nature of the story overwhelm the reader.0 of 0 people found the following review helpful. Four StarsBy Omar LawI never knew0 of 0 people found the following review helpful. Nice exposé of what not to doBy Seasoned GreetingsScary but insightful and personal view of algorithmic trading and greed based trading digging its own grave. I don't find algorithmic and technical trading as a problem; but its misuse is a problem.

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