- Published: 15 March 2011
- ISBN: 9781847940599
- Imprint: Random House Business
- Format: Paperback
- Pages: 352
- RRP: $29.99
The Quants
The maths geniuses who brought down Wall Street
- Published: 15 March 2011
- ISBN: 9781847940599
- Imprint: Random House Business
- Format: Paperback
- Pages: 352
- RRP: $29.99
... a riveting account
Financial Times
The Quants ... radiates with hubris, high stakes and pricey toys
Business Week
[an] intriguing history of the Quants...[Patterson] explains how hedge funds combined techniques of arbitrage and hedging using complex computer-driven models (one was named Midas) to reduce the risk of making losing bets
Stephen Fay, TLS
Patterson paints a clear picture of the history and evolution of quantitative trading on Wall Street, before shifting focus to the 'crisis before the crisis' in which a number of quant funds almost collapsed in 2007...definitely worth reading for an in depth analysis of one of the points in recent financial history where things may have started to go awry
Insider
Mr Patterson is onto a big story that already begs follow-up
New York Times