Archival Data Profile
- Page Count 353
- Publication Year 2010
- Publisher Crown Currency
- ISBN-13 9780307453396
The Quants
Archival Summary & Scope
*The Quants* chronicles the meteoric rise and devastating fall of Wall Street's most influential mathematical minds. This gripping narrative introduces figures like Muller, Griffin, Asness, and Weinstein—"quants" who revolutionized finance in the two decades leading up to 2008. Forsaking traditional analysis, these technocrats built sophisticated, computer-driven trading systems that amassed billions and transformed global markets. However, their ambition and reliance on complex formulas inadvertently sowed the seeds of history's greatest financial disaster. Drawing on unprecedented access, this book offers an inside look at what these titans thought and felt as their systems collapsed and their net worth vaporized, revealing the human cost and profound hubris behind the crisis, and offering an ominous warning about the future of finance.Archival Categorization Notes
This literature has been indexed under the primary pillar of Finance. It was manually vetted for the Read For Truth database because it provides educational insights into Economics, assisting researchers in locating established secondary research within this specific taxonomy.