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	<title>Scott Patterson Archives - EASY Digital Pro</title>
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	<title>Scott Patterson Archives - EASY Digital Pro</title>
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		<title>The Quants: How a New Breed of Math Whizzes Conquered Wall Street and Nearly Destroyed It</title>
		<link>https://easydigital.pro/products/the-quants-how-a-new-breed-of-math-whizzes-conquered-wall-street-and-nearly-destroyed-it/</link>
		
		<dc:creator><![CDATA[Richard]]></dc:creator>
		<pubDate>Sun, 18 Oct 2020 05:53:30 +0000</pubDate>
				<guid isPermaLink="false">https://easydigital.pro/?post_type=product&#038;p=5649</guid>

					<description><![CDATA[<h3 id="title" class="a-spacing-none a-text-normal"><span id="productTitle" class="a-size-extra-large">The Quants: How a New Breed of Math Whizzes Conquered Wall Street and Nearly Destroyed It</span></h3>
<p><b>With the immediacy of today’s NASDAQ close and the timeless power of a Greek tragedy, <i>The Quants </i>is at once a masterpiece of explanatory journalism, a gripping tale of ambition and hubris, and an ominous warning about Wall Street’s future. </b></p>
<p>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 <i>billions.</i></p>
<p>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 <i>quants</i>. 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.</p>
<p>Drawing on unprecedented access to these four number-crunching titans, <i>The Quants </i>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.</p>
<h3>About the Author</h3>
<div class="a-section a-spacing-small a-padding-small">
<p><b>SCOTT PATTERSON</b> is author of the <i>New York Times</i> bestselling book <i>The Quants </i>and<i> Dark Pools</i> and a staff reporter for The Wall Street Journal. His work has also appeared in the New <i>York Times, Rolling Stone</i> and <i>Mother Earth News</i>. He has a masters of arts degree from James Madison University. He lives in Alexandria, Virginia.</p>
<h3>Product details</h3>
<div id="detailBullets_feature_div">
<ul class="a-unordered-list a-nostyle a-vertical a-spacing-none detail-bullet-list">
<li><strong>Full Audiobook MP3 Program</strong></li>
<li><strong>Full PDF E-Book Included</strong></li>
<li><span class="a-list-item"><span class="a-text-bold">Print Length : </span>352 pages</span></li>
<li><span class="a-list-item"><span class="a-text-bold">ISBN-13 : </span>978-0307453389</span></li>
<li><span class="a-list-item"><span class="a-text-bold">ISBN-10 : </span>0307453383</span></li>
<li><span class="a-list-item"><span class="a-text-bold">Publisher : </span>Currency; Illustrated Edition (January 25, 2011)</span></li>
<li><span class="a-list-item"><span class="a-text-bold">Language: : </span>English</span></li>
</ul>
</div>
</div>
<p>The post <a href="https://easydigital.pro/products/the-quants-how-a-new-breed-of-math-whizzes-conquered-wall-street-and-nearly-destroyed-it/">The Quants: How a New Breed of Math Whizzes Conquered Wall Street and Nearly Destroyed It</a> appeared first on <a href="https://easydigital.pro">EASY Digital Pro</a>.</p>
]]></description>
										<content:encoded><![CDATA[<h3 id="title" class="a-spacing-none a-text-normal"><span id="productTitle" class="a-size-extra-large">The Quants: How a New Breed of Math Whizzes Conquered Wall Street and Nearly Destroyed It</span></h3>
<p><b>With the immediacy of today’s NASDAQ close and the timeless power of a Greek tragedy, <i>The Quants </i>is at once a masterpiece of explanatory journalism, a gripping tale of ambition and hubris, and an ominous warning about Wall Street’s future. </b></p>
<p>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 <i>billions.</i></p>
<p>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 <i>quants</i>. Over the prior twenty years, this species of math whiz&#8211;technocrats who make billions not with gut calls or fundamental analysis but with formulas and high-speed computers&#8211;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.</p>
<p>Drawing on unprecedented access to these four number-crunching titans, <i>The Quants </i>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&#8211;and wondered just how their mind-bending formulas and genius-level IQ’s had led them so wrong, so fast.</p>
<h3>Review</h3>
<div class="a-section a-spacing-small a-padding-small">“Scott Patterson has the ability to see things you and I don’t notice. In<i> The Quants</i> he does an admirable job of debunking the myths of black box traders and provides a very entertaining narrative in the process.” <b>&#8211;Nassim Nicholas Taleb, New York Times bestselling author of<i> Fooled by Randomness</i> and<i> The Black Swan</i></b><br />
<b></b><br />
“Fascinating and deeply disturbing…Patterson gives faces and personalities to the quants, making their saga accessible and intriguing…[he’s] onto a big story that begs follow-up.” <i><b>&#8211;New York Times</b></i>“Valuable…makes [the quants’] secretive world comprehensible…the story radiates with hubris, high stakes and expensive toys.” <b>&#8211;Bloomberg.com</b>“A riveting account…there are many dramatic moments and a good dose of schadenfreude in Scott Patterson’s THE QUANTS.” <i><b>&#8211;Financial Times</b></i></p>
<p>“Read this book if you want to understand how the collapse of the global financial system was at its core a failure of modern financial theory and its most ardent disciples. Patterson is able to gracefully explain the complex ideas underpinning our financial system through an extraordinarily engaging and insightful story.” <b>&#8211;Mark Zandi, Chief Economist of Moody’s Economy.com and author of<i> Financial Shock</i></b></p>
<p>&#8220;Enlightening and enjoyable&#8230;Patterson masterfully recounts how brilliant mathematicians and technologists ignored the human element&#8230;If you&#8217;re serious about understanding the financial meltdown, you need to read this book.&#8221; <b>&#8211;David Vise, Pulitzer Prize Winner, author of<i> The Google Story,</i> and Senior Advisor, New Mountain Capital</b></p>
<p>&#8220;A  compelling tale of greed and conceit,<i> The Quants</i> tells the inside story of the Wall Street rocket scientists who could couldn’t resist playing with numbers and nearly blew themselves up.” <b>&#8211;Michael J. Panzner, author of<i> Financial Armageddon</i> and</b><i><b> When Giants Fail</b><br />
</i><br />
&#8220;<i>The Quants</i> will keep hedge fund managers on the edge of their Aeron chairs, while the rest of us read in horror about their greed and their impact on the wider economy. A gripping tale right until the last page&#8230;but I fear this is perhaps not yet the end of the story.&#8221; <b>&#8211;Paul Wilmott, Oxford Ph.D., founding partner of Caissa Capital, and author of<i> Paul Wilmott Introduces Quantitative Finance</i></b></p>
<p>“A character-rich tale of how quirky geniuses cut their teeth on gambling, then moved on to the biggest casino of all, Wall Street. From blackjack to black swans, <i>The Quants</i> tells how we got where we are today.” <b>&#8211;William Poundstone, author of<i> Fortune’s Formula</i></b><b><br />
</b></p>
</div>
<h3>About the Author</h3>
<div class="a-section a-spacing-small a-padding-small">
<p><b>SCOTT PATTERSON</b> is author of the <i>New York Times</i> bestselling book <i>The Quants </i>and<i> Dark Pools</i> and a staff reporter for The Wall Street Journal. His work has also appeared in the New <i>York Times, Rolling Stone</i> and <i>Mother Earth News</i>. He has a masters of arts degree from James Madison University. He lives in Alexandria, Virginia.</p>
<h3>Product details</h3>
<div id="detailBullets_feature_div">
<ul class="a-unordered-list a-nostyle a-vertical a-spacing-none detail-bullet-list">
<li><strong>Full Audiobook MP3 Program</strong></li>
<li><strong>Full PDF E-Book Included</strong></li>
<li><span class="a-list-item"><span class="a-text-bold">Print Length : </span>352 pages</span></li>
<li><span class="a-list-item"><span class="a-text-bold">ISBN-13 : </span>978-0307453389</span></li>
<li><span class="a-list-item"><span class="a-text-bold">ISBN-10 : </span>0307453383</span></li>
<li><span class="a-list-item"><span class="a-text-bold">Publisher : </span>Currency; Illustrated Edition (January 25, 2011)</span></li>
<li><span class="a-list-item"><span class="a-text-bold">Language: : </span>English</span></li>
</ul>
</div>
</div>
<div class="a-section a-spacing-small a-padding-small"></div>
<p>The post <a href="https://easydigital.pro/products/the-quants-how-a-new-breed-of-math-whizzes-conquered-wall-street-and-nearly-destroyed-it/">The Quants: How a New Breed of Math Whizzes Conquered Wall Street and Nearly Destroyed It</a> appeared first on <a href="https://easydigital.pro">EASY Digital Pro</a>.</p>
]]></content:encoded>
					
		
		
			</item>
		<item>
		<title>Dark Pools: The Rise of the Machine Traders and the Rigging of the U.S. Stock Market</title>
		<link>https://easydigital.pro/products/dark-pools-the-rise-of-the-machine-traders-and-the-rigging-of-the-u-s-stock-market/</link>
		
		<dc:creator><![CDATA[Richard]]></dc:creator>
		<pubDate>Sun, 18 Oct 2020 05:10:46 +0000</pubDate>
				<guid isPermaLink="false">https://easydigital.pro/?post_type=product&#038;p=5645</guid>

					<description><![CDATA[<h3 id="title" class="a-spacing-none a-text-normal"><span id="productTitle" class="a-size-extra-large">Dark Pools: The Rise of the Machine Traders and the Rigging of the U.S. Stock Market</span></h3>
<p><b>A news-breaking account of the global stock market's subterranean battles, Dark Pools portrays the rise of the "bots"--artificially intelligent systems that execute trades in milliseconds and use the cover of darkness to out-maneuver the humans who've created them.</b></p>
<p>In the beginning was Josh Levine, an idealistic programming genius who dreamed of wresting control of the market from the big exchanges that, again and again, gave the giant institutions an advantage over the little guy. Levine created a computerized trading hub named Island where small traders swapped stocks, and over time his invention morphed into a global electronic stock market that sent trillions in capital through a vast jungle of fiber-optic cables.</p>
<p>By then, the market that Levine had sought to fix had turned upside down, birthing secretive exchanges called dark pools and a new species of trading machines that could think, and that seemed, ominously, to be slipping the control of their human masters.</p>
<p>Dark Pools is the fascinating story of how global markets have been hijacked by trading robots--many so self-directed that humans can't predict what they'll do next.</p>
<div class="a-section a-spacing-small a-padding-small">
<h3>About the Author</h3>
<div class="a-section a-spacing-small a-padding-small">
<p><strong>Scott Patterson</strong> is author of the New York Times best-selling book The Quants and a staff reporter for The Wall Street Journal, where he writes about the government's regulation of the financial industry. His work has also appeared in the New York Times, Rolling Stone and Mother Earth News. He has a masters of arts degree from James Madison University. He lives in Alexandria, Virginia.</p>
<h3>Product details</h3>
<div id="detailBullets_feature_div">
<ul class="a-unordered-list a-nostyle a-vertical a-spacing-none detail-bullet-list">
<li><strong>Full Audiobook MP3 Program</strong></li>
<li><strong>Full PDF E-Book Included</strong></li>
<li><span class="a-list-item"><span class="a-text-bold">Print Length : </span>384 pages</span></li>
<li><span class="a-list-item"><span class="a-text-bold">Publication Date : </span>June 12, 2012</span></li>
<li><span class="a-list-item"><span class="a-text-bold">Publisher : </span>Currency; Reprint Edition (June 12, 2012)</span></li>
<li><span class="a-list-item"><span class="a-text-bold">Language: : </span>English</span></li>
<li><span class="a-list-item"><span class="a-text-bold">ASIN : </span>B006OFHLG6</span></li>
</ul>
</div>
</div>
</div>
<p>The post <a href="https://easydigital.pro/products/dark-pools-the-rise-of-the-machine-traders-and-the-rigging-of-the-u-s-stock-market/">Dark Pools: The Rise of the Machine Traders and the Rigging of the U.S. Stock Market</a> appeared first on <a href="https://easydigital.pro">EASY Digital Pro</a>.</p>
]]></description>
										<content:encoded><![CDATA[<h3 id="title" class="a-spacing-none a-text-normal"><span id="productTitle" class="a-size-extra-large">Dark Pools: The Rise of the Machine Traders and the Rigging of the U.S. Stock Market</span></h3>
<p><b>A news-breaking account of the global stock market&#8217;s subterranean battles, Dark Pools portrays the rise of the &#8220;bots&#8221;&#8211;artificially intelligent systems that execute trades in milliseconds and use the cover of darkness to out-maneuver the humans who&#8217;ve created them.</b></p>
<p>In the beginning was Josh Levine, an idealistic programming genius who dreamed of wresting control of the market from the big exchanges that, again and again, gave the giant institutions an advantage over the little guy. Levine created a computerized trading hub named Island where small traders swapped stocks, and over time his invention morphed into a global electronic stock market that sent trillions in capital through a vast jungle of fiber-optic cables.</p>
<p>By then, the market that Levine had sought to fix had turned upside down, birthing secretive exchanges called dark pools and a new species of trading machines that could think, and that seemed, ominously, to be slipping the control of their human masters.</p>
<p>Dark Pools is the fascinating story of how global markets have been hijacked by trading robots&#8211;many so self-directed that humans can&#8217;t predict what they&#8217;ll do next.</p>
<h3>Review</h3>
<div class="a-section a-spacing-small a-padding-small">
<p><b>&#8220;Far more comprehensive and persuasive [than even Michael Lewis&#8217; <i>Flashboys</i>].&#8221;<br />
&#8211;James Stewart, <i>New York Times Book Review </i></b></p>
<p>&#8220;An excellent history of the early electronic traders&#8221; &#8211; Michael Lewis</p>
<p>“Scott Patterson’s <i>Dark Pools </i>is about the most important financial issue no one talks about—how high-frequency traders have rigged the market.”<br />
&#8211;Mark Cuban</p>
<p><b>“Remarkable…even long-time participants in electronic markets will learn a lot from this book.”</b><br />
&#8211;Forbes</p>
<p><b>“Richly reported…an invaluable piece of timely journalism that should be read by regulators and anyone with a cent in the stock market&#8230;You will never look at the opening bell in the same way.”</b><br />
&#8211;Financial Times</p>
<p>“An engaging narrative…<b>DARK POOLS is easily the most entertaining and accessible book to cover the new world of stock trading</b>.”<br />
&#8211;Fortune</p>
<p><b>“An education in how markets work, packaged in a thriller worthy of Michael Crichton….</b><i> Dark Pools </i>is one of those rare books that is a great summer beach read and a useful trading manual.”<br />
&#8211;Minyanville.com</p>
<p><b>“Very enjoyable….a good story of how innovators destroy the old guard.”<br />
</b>&#8211;BusinessInsider.com</p>
<p><b>“<i>Dark Pools </i>relays an epic tangle of hacktivists, old-school floor exchanges and traders – all wrestling to game the machines…</b>The stories engage from chapter to chapter, bringing the reader from the outside in.”<br />
<b>&#8211;Seeking Alpha</b></p>
<p>“<b>An entertaining account of the key battles in the “algo wars” and the colorful math geeks who fight them</b>—some of whom are now fighting to rein in the monsters they created. <i>Dark Pools</i> is an alarming account.”<br />
&#8211;Canadian Business</p>
<p><b>“<i>Dark Pools </i>is a must read for all serious investors.  </b>Patterson’s methodically researched<b> </b>book exposes the core problems in today’s securities market…His findings should serve as a blueprint for the SEC.”<b></b><br />
&#8211;Blair Hull, founder of Hull Trading and Ketchum Trading</p>
<h3>About the Author</h3>
<div class="a-section a-spacing-small a-padding-small">
<p><strong>Scott Patterson</strong> is author of the New York Times best-selling book The Quants and a staff reporter for The Wall Street Journal, where he writes about the government&#8217;s regulation of the financial industry. His work has also appeared in the New York Times, Rolling Stone and Mother Earth News. He has a masters of arts degree from James Madison University. He lives in Alexandria, Virginia.</p>
<h3>Product details</h3>
<div id="detailBullets_feature_div">
<ul class="a-unordered-list a-nostyle a-vertical a-spacing-none detail-bullet-list">
<li><strong>Full Audiobook MP3 Program</strong></li>
<li><strong>Full PDF E-Book Included</strong></li>
<li><span class="a-list-item"><span class="a-text-bold">Print Length : </span>384 pages</span></li>
<li><span class="a-list-item"><span class="a-text-bold">Publication Date : </span>June 12, 2012</span></li>
<li><span class="a-list-item"><span class="a-text-bold">Publisher : </span>Currency; Reprint Edition (June 12, 2012)</span></li>
<li><span class="a-list-item"><span class="a-text-bold">Language: : </span>English</span></li>
<li><span class="a-list-item"><span class="a-text-bold">ASIN : </span>B006OFHLG6</span></li>
</ul>
</div>
</div>
</div>
<p>The post <a href="https://easydigital.pro/products/dark-pools-the-rise-of-the-machine-traders-and-the-rigging-of-the-u-s-stock-market/">Dark Pools: The Rise of the Machine Traders and the Rigging of the U.S. Stock Market</a> appeared first on <a href="https://easydigital.pro">EASY Digital Pro</a>.</p>
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