- I just finished reading The Quants – good book on the personalities behind the heavyweights of quantitative finance and HFT type trading. It’s an interesting story about how even the smartest minds make the same mistakes as us mortals.
- That book got me started reading Mandelbrot’s The (Mis)Behavior of Markets. Mandelbrot was an early critic of the efficient market hypothesis-that market moves don’t occur in a nice Gaussian distribution, that there’s more going on in the fat tails than would be predicted by the EMH. Empirically that doesn’t surprise me after 23 years in the futures business.
- To help expand my knowledge of the math these guys throw about, I’ve been visiting the Bionic Turtle (I’m not getting anything from referring them, just thought it’s an interesting site for the quantitative side of trading and investing). It’s ostensibly a site to study for the FRM (financial risk manager) exam, but David Harper (the guy behind the site) does a great job of breakingall sorts of QF stuff down to understandable pieces. I don’t yet know what this will do for my trading, but it’s good to stretch yourself.
What are you reading?
Copyright © 2009
This feed is for personal, non-commercial use only.
The use of this feed on other websites breaches copyright. If this content is not in your news reader, it makes the page you are viewing an infringement of the copyright. (Digital Fingerprint:
f2ea78dd95959aa32f651cec20a16e23)
