物理學傢、數學傢與哲學傢。加州大學歐文分校助理教授。
擁有哈佛大學物理碩士學位、斯蒂文斯理工學院物理及數學博士學位以及加州大學歐文分校哲學博士學位。
著名科技雜誌《科學美國人》、美國知名網絡雜誌slate撰稿人。
After the economic meltdown of 2008, Warren Buffett famously warned, “beware of geeks bearing formulas.” But as James Weatherall demonstrates, not all geeks are created equal. While many of the mathematicians and software engineers on Wall Street failed when their abstractions turned ugly in practice, a special breed of physicists has a much deeper history of revolutionizing finance. Taking us from fin-de-siècle Paris to Rat Pack-era Las Vegas, from wartime government labs to Yippie communes on the Pacific coast, Weatherall shows how physicists successfully brought their science to bear on some of the thorniest problems in economics, from options pricing to bubbles.
The crisis was partly a failure of mathematical modeling. But even more, it was a failure of some very sophisticated financial institutions to think like physicists. Models—whether in science or finance—have limitations; they break down under certain conditions. And in 2008, sophisticated models fell into the hands of people who didn’t understand their purpose, and didn’t care. It was a catastrophic misuse of science.
The solution, however, is not to give up on models; it's to make them better. Weatherall reveals the people and ideas on the cusp of a new era in finance. We see a geophysicist use a model designed for earthquakes to predict a massive stock market crash. We discover a physicist-run hedge fund that earned 2,478.6% over the course of the 1990s. And we see how an obscure idea from quantum theory might soon be used to create a far more accurate Consumer Price Index.
Both persuasive and accessible, The Physics of Wall Street is riveting history that will change how we think about our economic future.
發表於2024-12-22
The Physics of Wall Street 2024 pdf epub mobi 電子書 下載
作者通過講述量化投資發展的曆史故事,試圖梳理量化投資的發展脈絡。作者的主要觀點一是金融領域的很多發展都是通過物理數學領域研究方法的應用而發展的;二是數學模型是對真實世界近似性描述,都有相應的前提假設條件,要注意失效情況;三是數學模型隻是工具,不是經濟危機的...
評分 評分 評分這本書早在去年去香港的時候就看到有中譯本瞭,這次大陸的譯本書名有些投機取巧,事實上這本書從原名就看得齣來是講物理學進軍金融學的曆程,講量化投資的東西其實不多。 最近,我跟另一個博士閤作的一項研究也是關於這種交叉學科的實證研究。我不得不承認,盡管...
評分作者通過講述量化投資發展的曆史故事,試圖梳理量化投資的發展脈絡。作者的主要觀點一是金融領域的很多發展都是通過物理數學領域研究方法的應用而發展的;二是數學模型是對真實世界近似性描述,都有相應的前提假設條件,要注意失效情況;三是數學模型隻是工具,不是經濟危機的...
圖書標籤: 金融 金融工程 華爾街 經濟學 Finance 傳記 finance 美國
文筆欠佳,結尾尤其弱,但前麵很多故事不錯
評分作者對Jim Simons真是五體投地崇拜
評分用物理的方法看金融,非常值得一看
評分基本的曆史介紹,沒啥意思
評分作者對Jim Simons真是五體投地崇拜
The Physics of Wall Street 2024 pdf epub mobi 電子書 下載