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    Inside the Black Box: The Simple Truth About Quantitative Trading
    Inside the Black Box: The Simple Truth About Quantitative Trading
    Inside the Black Box: The Simple Truth About Quantitative Trading
    Audiobook7 hours

    Inside the Black Box: The Simple Truth About Quantitative Trading

    Written by Rishi K. Narang

    Narrated by Richard J. Brewer

    4.5/5

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    About this audiobook

    Inside the Black Box explains how quantitative and algorithmic trading strategies work in non-mathematical terms supplemented by anecdotes and real-world stories. There is a large chasm in the understanding of what quants do with quants often perpetuating the darkness by cloaking even trivial facts about their strategies and operations in secrecy. Most of their strategies are understandable and with that understanding investment professionals can better assess a particular fund's value. The book also explains how quant strategies fit into a portfolio, why they are valuable, and how to evaluate a quant manager. How do quants capture alpha? What is the real level of discretion in quant trading? What is the difference between theory-driven systems vs. data-mining strategies? What are the typical structures of quant systems? How do quants model risk? How do you know if it works? What are execution algorithms?
    LanguageEnglish
    PublisherAscent Audio
    Release dateJul 20, 2020
    ISBN9781663706737

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    Reviews for Inside the Black Box

    4.5/5

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    • 5/5
      Really informative book describing the basics of quantitative trading. Easy to understand, which was great for me since I have no background in the subject.

      1 person found this helpful