Forgotten how the three major market meltdowns of the last 20 years occurred?
The Quants” provides an in-depth history and analysis of the birth and evolution of quantitative market trading systems and the people who developed them. Quant trading systems propelled the market to stratospheric levels creating trillions in wealth and trillions in leveraged risks through systems that few mortals can comprehend. Read this book and better understand the path to the recent downfall of our major mortgage lending, insurance and banking institutions.
Thoughts on the Business of Business 