Reader’s Diary

Taylor Anderson

I was really looking forward to the continuation of this lost-in-time series.  Sadly, it was a disappointment compared to the last one:  slow moving with too much exposition and not much payoff.  I hope it’s just a stumble not an end to what up to now was a high-quality series.

Scott Peterson

This is the interesting story of how math replaced common sense on Wall Street. Quantitive analysts – the “quants” of the title – and their models made a lot of money but, as smart as they were, they weren’t able to recognize when the models and reality had drifted out of sync. The book is more anecdotal than analytical, so it’s hard to draw any general conclusions other than “pride goes before the fall”‘