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The Money Formula: Dodgy Finance, Pseudo Science, and How Mathematicians Took Over the Markets
Paul Wilmott
€ 30.99
€ 22.56
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Description for The Money Formula: Dodgy Finance, Pseudo Science, and How Mathematicians Took Over the Markets
Paperback. Explore the deadly elegance of finance's hidden powerhouse The Money Formula takes you inside the engine room of the global economy to explore the little-understood world of quantitative finance, and show how the future of our economy rests on the backs of this all-but-impenetrable industry. Num Pages: 264 pages. BIC Classification: KF. Category: (P) Professional & Vocational. Dimension: 229 x 152. .
Explore the deadly elegance of finance's hidden powerhouse The Money Formula takes you inside the engine room of the global economy to explore the little-understood world of quantitative finance, and show how the future of our economy rests on the backs of this all-but-impenetrable industry. Written not from a post-crisis perspective but from a preventative point of view this book traces the development of financial derivatives from bonds to credit default swaps, and shows how mathematical formulas went beyond pricing to expand their use to the point where they dwarfed the real economy. You'll learn how the deadly allure of ... Read more
Explore the deadly elegance of finance's hidden powerhouse The Money Formula takes you inside the engine room of the global economy to explore the little-understood world of quantitative finance, and show how the future of our economy rests on the backs of this all-but-impenetrable industry. Written not from a post-crisis perspective but from a preventative point of view this book traces the development of financial derivatives from bonds to credit default swaps, and shows how mathematical formulas went beyond pricing to expand their use to the point where they dwarfed the real economy. You'll learn how the deadly allure of ... Read more
Product Details
Publisher
John Wiley & Sons Inc
Format
Paperback
Publication date
2017
Condition
New
Number of Pages
264
Place of Publication
New York, United States
ISBN
9781119358619
SKU
V9781119358619
Shipping Time
Usually ships in 4 to 8 working days
Ref
99-2
About Paul Wilmott
PAUL WILMOTT is a researcher, best-selling author, and consultant in most things quantitative, and has been a fund manager and academic. He is author of numerous books, including Paul Wilmott on Quantitative Finance and Frequently Asked Questions in Quantitative Finance. DAVID ORRELL is an applied mathematician, best-selling author and founder of Systems Forecasting, a scientific consultancy. ... Read more
Reviews for The Money Formula: Dodgy Finance, Pseudo Science, and How Mathematicians Took Over the Markets
Anyone interested in investment theory (and that should be everyone working in financial services) would find it worth reading. (International Investment, June 2017) Irrevent and fun, it is at the same time very rigorous in explaining how soem fairly basic mathematics has hijacked the world of finance. (Marketing Moving, June 2017) ... Read more