揭露量化交易大師暴賺千億美元背後的原理與秘辛，一夕之間，理智的投資數學模型可能變成投機豪賭！ ★《黑天鵝效應》作者塔雷伯力薦，《暗池》作者又一大作！★《紐約時報》暢銷書，《彭博社》、《商業週刊》、《金融時報》媒體好評★《亞馬遜網站》讀者4.5星強力推薦◤他們都是市場中的食人魚，嗅到價格偏差的套利機會便一擁而上吉姆‧西蒙斯：量化交易之父，旗下大獎章基金平均年化報酬率高達66.1％。愛德華．索普：稱霸賭城和華爾街的傳奇數學家，執掌PNP基金時從未虧損。彼得．穆勒：摩根史坦利神秘的PDT基金前經理，五年帶來十億美元淨收入。克里夫．艾斯尼斯：量化領域知名AQR基金創立人，長期維持雙位數報酬率。這些數學鬼才是如何賺到超越巴菲特的報酬？而他們管理的億萬資產，又為何在投機下一夕化為泡沫？◤但巴菲特說：「當心懂得運用公式的那些人！」這些量化交易大師又被稱為寬客，與索羅斯這樣靠直覺買賣的傳統交易員大為不同，幾乎人人擁有數理高學歷，是學界象牙塔出身的一幫智力天才。他們以電腦做為武裝，以公式模型打造賺錢機器，財富滾滾而進。但，當市場遭受突發事件衝擊，失去了理性，公式模型便可能瞬間失效！舉凡1987年黑色星期一、1998年LTCM基金巨大虧損、2008年金融海嘯，這些嚴重股災、市場崩潰，背後都有著這幫數學鬼才的推波助瀾。◤程式交易是投資界的未來，抑或下一次崩潰的推手？隨著科技進步，程式交易已成為散戶也能涉足的領域，成長方興未艾。與此同時，我們更需洞悉市場本質，探知公式模型隱含的風險！透過本書作者對這些量化交易大師的興衰起伏進行深入研究與描述，讀者將能理解這項新興策略的光榮與陰影，以投資界的歷史為鑑，了解現今股市樣貌與運作內情，做出更正確的投資決策。【好評推薦】「史考特．派特森擁有看到你我所看不到的事情的魔力。他對本書的付出令人欽佩，他揭穿了黑箱交易者的祕密，而且敘事方式引人入勝。」──納希姆．塔雷伯（Nassim Nicholas Taleb），《黑天鵝效應》、《隨機騙局》作者「如果你想了解為何全球經濟系統崩潰的原因，在於那套系統所奠基的現代經濟理論存在根本性問題，卻有一批死忠門徒戮力奉行，那麼你該來看這本書。派特森有能力用極為吸引人又充滿洞見的故事，妥善地解釋我們經濟系統內的複雜理念。」──馬克．贊迪（Mark Zandi），穆迪分析公司首席經濟學家「派特森編織一本性格飽滿的故
It's been a year since the horrific events at Freddy Fazbear's Pizza, and Charlie is just trying to move on. Even with the excitement of a new school and a fresh start, she's still haunted by nightmar
Here are illustrated profiles of 100 popular dog breeds, arranged by size of dog and updated to include "designer dog" mixed breeds. Detailed descriptions are complemented with a question-and-answer s
Hunters are a special breed, dedicated to tracking down treasures, magical beasts, and even other people. But such pursuits require a license, and less than one in a hundred thousand can pass the grue
A young boy’s adventurous journey to hunt down one of the most elusive Hunters in the world—his father!Hunters are a special breed, dedicated to tracking down treasures, magical beasts, and even other
Every year like clockwork, animals both big and small are driven by a natural instinct to move, in order to survive. On both land and sea, they fight the odds and the forces of nature to breed, feed,
Many dangerous diseases are carried by bacteria - tiny organisms that can get into the body and multiply inside it. Bacteria breed in unhygienic environments, but soap can be used to keep our surround
Newbery Medal AwardMrs. Frisby, a widowed mouse with four small children, is faced with a terrible problem. She must move her family to their summer quarters immediately, or face almost certain death. But her youngest son, Timothy, lies ill with pneumonia and must not be moved. Fortunately, she encounters the rats of NIMH, an extraordinary breed of highly intelligent creatures, who come up with a brilliant solution to her dilemma. And Mrs. Frisby in turn renders them a great service.
George and Harold have created a new breed of justice. With the head of a dog and the body of a human, this heroic hound digs into deception, claws after crooks, rolls over robbers, and scampers after
A WALL STREET JOURNAL BESTSELLERUnlock your originality and unleash your unique talents with this simple guide from the acclaimed author of Think Like a Rocket Scientist. We say some people march to the beat of a different drummer. But implicit in this cliché is that the rest of us march to the same beat. We sleepwalk through life, find ourselves on well-worn paths that were never ours to walk, and become a silent extra in someone else’s story.Extraordinary people carve their own paths as leaders and creators. They think and act with genuine independence. They stand out from the crowd because they embody their own shape and color.We call these people geniuses—as if they’re another breed. But genius isn’t for a special few. It can be cultivated.This book will show you how. You’ll learn how to discard what no longer serves you and discover your first principles—the qualities that make up your genius. You’ll be equipped to escape your intellectual prisons and generate original insigh
Did you know that a grizzly bear’s bite is strong enough to crush a bowling ball? Or that a breed of dog yodels instead of barking? How about that wombat poop is cube-shaped?Bursting with fascinating, fun-tastic facts, this treasure trove of all things animals leaves no habitat unexplored or unusual animal ability unmentioned! Ever wonder how smart a chicken is? Why a tiny island is home to thousands of venomous snakes? What sound a rhino makes when it’s happy? Find these answers and 4,997 more in this captivating and colorful collection!Featuring vibrant photography and a bold, eye-catching design, this treasure trove is perfect for both the casual browser and the truly fact-obsessed!Complete your collection with:5,000 Awesome Facts (About Everything!)5,000 Awesome Facts (About Everything!) 25,000 Awesome Facts (About Everything!) 3
From Epic Originals comes an action-packed graphic novel series about a new breed of superhero. Return to Metro City's furry underbelly in this exciting follow-up to Kirkus-starred Cat Ninja volume 1 When Leon brings a mystery egg home from school, Cat Ninja and Master Hamster face their biggest challenge yet: babysitting And while they're pretty sure they can keep an egg out of trouble, they know they're in over their heads when that egg hatches into a high-energy ball of feathers and cuteness. It's baby's first superhero adventure when they decide to bring their newest family member along as they uncover the identity--and nefarious motives--of Metro City's latest foe. Through the shared adventures of these former adversaries, kids learn the importance of: - Using your powers--super or not --to stand up for those who need your help- Family, in all its forms- Second chances
That's no way to treat a lady! The Pirate Cats are out to steal the Statue of Liberty and only Geronimo can stop them!Geronimo Stilton is back in new comic stories based on the animated series, now airing on Netflix! The famous Prince Nogouda pays a visit to New Mouse City and ace reporter Geronimo Stilton has an exclusive interview. Meanwhile, at the Mouse Museum, the rare breed of Shufongfong lizards have been kidnapped! Could like Prince and his kingdom in the Bandel jungle have anything to do with this? Geronimo, Thea, Trap, and Benjamin are on the case!
