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Black Swans spoil the Quant party
on 6 October 2015
Well written build up to one of the greatest financial meltdowns of history. A background look at the Masters of the (Quants) Universe, their perverse failure to understand the human condition and the herd mentality of flights to safety in financial markets. Black Swan events are far more frequent than the understanding of the Truth that these early mathematical masters modelled.
The book is well written and well paced and although could be accompanied by a compendium of financial terminology and quantitative mathematics, provides the casual or interested reader with a great background to recent history.
An author I will definitely be buying more books from.