Everand Logo

Welcome to Everand!

  • Discover millions of ebooks, audiobooks, and so much more with a free trial

    Only $11.99/month after trial. Cancel anytime.

    Summary of Scott Patterson's The Quants
    Summary of Scott Patterson's The Quants
    Summary of Scott Patterson's The Quants
    Ebook57 pages34 minutes

    Summary of Scott Patterson's The Quants

    By IRB Media

    ()

    Read preview

    About this ebook

    Please note: This is a companion version & not the original book. Book Preview:

    #1 The Wall Street Poker Night Tournament was held on March 8, 2006. More than a hundred well-heeled players attended the event, including elite traders and buttoned-down dealmakers. The small, private affair was a gathering of a select group of wealthy and brilliant individuals.

    #2 By the early 2000s, quants had come to dominate Wall Street, using brain-twisting math to pluck billions in fleeting dollars out of the market. They couldn’t care less about a company’s fundamentals.

    #3 The quants ran a private poker game, but traditional investment titans joined in. Carl Icahn, the billionaire financier who’d gotten his start on Wall Street with $4,000 in poker winnings, was a regular.

    #4 The players got down to business. A melodic chime summoned stragglers into the main room, where vested dealers waited behind scattered rows of card tables. The game was Texas Hold’em. The action was cordial on the surface, but cutthroat between the lines.

    LanguageEnglish
    PublisherIRB Media
    Release dateJul 17, 2022
    ISBN9798822546332
    Summary of Scott Patterson's The Quants
    Author

    IRB Media

    With IRB books, you can get the key takeaways and analysis of a book in 15 minutes. We read every chapter, identify the key takeaways and analyze them for your convenience.

    Read more from Irb Media

    Related to Summary of Scott Patterson's The Quants

    Related ebooks

    History For You

    View More
    View More

    Related podcast episodes

    Related articles

    • Article

      Rogue Trader

      Jun 5, 2020

      Rogue Trader
      10 min read

    • Article

      What I Learned from Losing $200 Million: The 2008 financial crisis taught me about the illusion of control, and how to give it up.

      Dec 24, 2015

      I’d lost almost $200 million in October. November wasn’t looking any better. It was 2008, after the Lehman Brothers bankruptcy. Markets were in turmoil. Banks were failing left and right. I worked at a major investment bank, and while I didn’t think

      15 min read

    • Article

      Book Of The Week

      Mar 19, 2021

      Book Of The Week
      2 min read

    • Article

      Certain Strategies For Uncertain Time

      Jun 4, 2020

      I’m writing this at the beginning of May 2020, when New Zealand is still in “lockdown” because of Covid-19, so I’m well aware that by the time you’re reading this, things will be very different to how they are now. We are in unusual times. That human

      3 min read

    • Article

      Share Madness

      Jun 22, 2020

      Share Madness
      2 min read

    • Article

      A Conversation with a Short Seller

      Aug 18, 2020

      A short seller leads a lonely life, it seems. Short sellers profit from stocks that decline in value. So, when they win, it means that most of their friends and family are likely losing. And when they lose? Well … they don't generally get a lot of sy

      4 min read

    • Article

      Hapless Insider Trade Of The Week

      Nov 19, 2021

      Puneet Dikshit, a 40-year-old partner at global consultancy McKinsey, has been charged with insider trading related to the $2.2bn acquisition of fintech firm GreenSky by Goldman Sachs, says Hugh Son for CNBC. Dikshit advised on the deal, and allegedl

      1 min read

    • Article

      How To Set Yourself Free

      Sep 2, 2020

      One of my clients retired at 50 to become a full-time trader, hoping he could shrug off the rat race and the typical work-sleep-work life. Fifteen years later he is still “retired” and still trading full time. Now he calls it what it turned out to be

      6 min read

    • Article

      We Humans Will Pick Ourselves Up, Dust Ourselves Off And Adapt

      Apr 29, 2020

      As I write this in early April, the All Ordinaries index has had a nice rally from its year low of 4564 to around 5400. Markets do tend to move as a predictor of the future, so right now they are obviously factoring in the falling infection and death

      3 min read

    • Article

      Are You Gambling or Investing? Here’s How to Tell

      Mar 2, 2021

      Investing in the stock market over many decades offers most people an incredible opportunity to build wealth. Does that surprise you? If so, you’re not alone. Over the course of my career as a financial planner, I’ve found that many people look at th

      4 min read

    • Article

      What Impossible Meant to Feynman

      Jan 31, 2019

      Impossible! The word resonated throughout the large lecture hall. I had just finished describing a revolutionary concept for a new type of matter that my graduate student, Dov Levine, and I had invented. The Caltech lecture room was packed with scien

      9 min read

    • Article

      Life In The Fast Lane

      Dec 3, 2020

      Life In The Fast Lane
      4 min read

    • Article

      9 Great Alternative-Strategy Funds for Volatility

      May 26, 2022

      There have been few places to hide for investors this year. Both stocks and bonds have tumbled – since the start of 2022, the Vanguard Balanced fund, a portfolio of 60% stocks and 40% bonds, has lost 13%. Moreover, interest rates are still rising, in

      9 min read

    • Article

      Capital Gains Tax 101: Basic Rules Investors and Others Need to Know

      Jul 18, 2022

      Billionaire business owner Warren Buffett once famously commented that his secretary paid taxes at a higher rate than he did. Although there are surely many factors at play – among them Buffett's intentionally low salary and his large charitable dona

      12 min read

    • Article

      Bond Challenges

      Oct 13, 2023

      Bond Challenges
      4 min read

    • Article

      25 Stocks That Billionaires Sold in Q2 2020

      Aug 27, 2020

      The past few months have been a roller-coaster ride for investors, who watched the major indices plummet in February and March, only to rebound past record levels between June and August. One group of investors that has benefited greatly from this tu

      1 min read

    • Article

      Don't Bank On It

      Nov 15, 2023

      Look, I know you are far too clever to jump on every passing investment bandwagon, but you will, you know. We all do. The fear of missing out (FOMO) runs through our psyche. If only I had bought Amazon when it seemed like a daring idea and some cleve

      3 min read

    • Article

      What We Learned From FTX

      Nov 25, 2022

      What We Learned From FTX
      2 min read

    Related categories

    Reviews for Summary of Scott Patterson's The Quants

    0 ratings

    0 ratings0 reviews

    What did you think?

    Tap to rate

    Review must be at least 10 words

      Book preview

      Summary of Scott Patterson's The Quants - IRB Media

      bebook_preview_excerpt.htmlVn6Rqm'qÀc.Z@II)RÊo%=C^6`h KgΜ9"]{yMۥHWSDJ:D~ti= #8چ99ڻ_;ֻ[{Ā+iz?nxUɺuagޮ {.uaօmWƭfP6+yN*/z rn?5ѴqYtspG'("u*[dG;[4N8eV4jk:-`n^$\pjEIq-ik BNQSNGGJ `Lb <&Z+Y'I'{X ;H{fyO5.5QEyk91nЋpS`­*_'E:" 47a@YJ$w%Pʸeu(bhZq9JyLNaATđL t FUJCN(@bKi$ ^$\F-QPdY~vЀFPU\ΞH,Ͳpm3J_GP%h%fkn]+ P,]'G25)(`rە>1r)Kiot&Y5Qk|(w 3|=X?q"-I|ϐ{Q)?)E,#;n 6ƣp-]/^EV6o,؜ ˂HЙ4zX``ooxMn϶pa~vHn6〱xzLWT͕y&S1t}? _j5w~5nL T< o\0jv΄b2IH X+彞VAS;a4V"P K8q+;js'P؉'"JaJW ÒGss6ax Hkh8ywCFq]
      Enjoying the preview?
      Page 1 of 1