Book Reviews › Money › The Quants
Honest review · Money
The Quants
by Scott Patterson
The rise of mathematical traders and their role in the 2007 and 2008 crises. Narrative finance journalism, fast and readable.
Read it if…
you want the story of quant trading and its blind spots.
See the book →
Skip it if…
you want technical detail.
Try instead: The Bond King →
Three things you will actually use
- Models have limits.
- Correlation goes to one in a crisis.
- Leverage kills.
Do this first
Read the chapters on August 2007.
Our verdict
The math men and the crash.
See the book →
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