{"product_id":"nerds-on-wall-street-math-machines-and-wired-markets-hardcover","title":"Nerds on Wall Street: Math, Machines and Wired Markets - Hardcover","description":"\u003cp\u003eby \u003cb\u003eDavid J. Leinweber\u003c\/b\u003e (Author), \u003cb\u003eTheodore R. Aronson\u003c\/b\u003e (Foreword by)\u003c\/p\u003e\u003cp\u003e\u003cb\u003eAn intriguing look at how technology is changing financial markets, from an innovator on the frontlines of this revolution\u003c\/b\u003e\u003cbr\u003e \u003cbr\u003e \u003ci\u003eNerds on Wall Street\u003c\/i\u003e tells the tale of the ongoing technological transformation of the world's financial markets. The impact of technology on investing is profound, and author David Leinweber provides readers with an overview of where we were just a few short years ago, and where we are going. Being a successful investor today and tomorrow--individual or institutional--involves more than stock picking, asset allocation, or market timing: it involves technology. And Leinweber helps readers go beyond the numbers to see exactly how this technology has become more responsible for managing modern markets. In essence, the financial game has changed and will continue to change due entirely to technology. The new \"players,\" human or otherwise, offer investors opportunities and dangers. With this intriguing and entertaining book, Leinweber shows where technology on Wall Street has been, what it has meant, and how it will impact the markets of tomorrow.\u003c\/p\u003e\u003ch3\u003eFront Jacket\u003c\/h3\u003e\u003cp\u003eTechnology has transformed global markets, but this is nothing new. Markets have been shaped by machinery for hundreds of years, and this continues at a rapid pace today. \u003c\/p\u003e\u003cp\u003eAuthor David Leinweber-a computer scientist who accidentally stumbled upon Wall Street and became an innovator in the application of modern information technology in trading and investing-is a well-qualified guide to the nerds of greater Wall Street. And now, in this engaging and entertaining new book, he tells the tale of the ongoing technological transformation of the world's financial markets.\u003c\/p\u003e \u003cp\u003eThe impact of technology on investing is profound, and Leinweber provides an intriguing look at where technology on Wall Street has been, what it has meant, and how it will impact the markets of tomorrow, and its role in the multifaceted crises of today. In essence, the financial game has changed and will continue to change due entirely to technology. Throughout these pages, Leinweber takes a detailed look at the new \"players,\" human or otherwise, that offer both unprecedented opportunities and debilitating dangers in this ever-evolving environment.\u003c\/p\u003e \u003cp\u003e\u003cb\u003eDivided into four parts, this lively exploration of markets and machines: \u003c\/b\u003e\u003c\/p\u003e \u003cul\u003e \u003cli\u003eIllustrates the history of technology upheavals in markets and deals with electronic markets and algorithmic trading in Part One: Wired Markets\u003c\/li\u003e \u003cli\u003eExplores the use of wired markets, and anything else you can find, to outperform market averages in Part Two: Alpha as Life\u003c\/li\u003e \u003cli\u003eExamines how humans and machines can work together to extract useful information for investment and trading from textual sources in Part Three: Artificial Intelligence and Intelligence Amplification\u003c\/li\u003e \u003cli\u003eConsiders the roles of technology in contributing to the crisis of 2008, as well as its use to avoid future mishaps in Part Four (Epilogue): Nerds Gone Wild? Wired Markets in Distress\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eBeing a successful investor-whether individual or institutional-involves more than stock picking, asset allocation, or market timing: it involves technology. And through this story, Leinweber helps you go beyond the numbers to see exactly how advanced technology has become a bigger part of modern markets.\u003c\/p\u003e \u003cp\u003eIt's getting harder every day to see the difference between financial markets and computer networks. Hopefully, after reading this book, you'll have a better sense of how technology shapes today's markets, and how to best participate in the future of electronic finance.\u003c\/p\u003e\u003ch3\u003eBack Jacket\u003c\/h3\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003eTechnology has transformed global markets, but this is nothing new. Markets have been shaped by machinery for hundreds of years, and this continues at a rapid pace today. \u003c\/p\u003e\u003cp\u003eAuthor David Leinweber--a computer scientist who accidentally stumbled upon Wall Street and became an innovator in the application of modern information technology in trading and investing--is a well-qualified guide to the nerds of greater Wall Street. And now, in this engaging and entertaining new book, he tells the tale of the ongoing technological transformation of the world's financial markets. \u003c\/p\u003e\u003cp\u003eThe impact of technology on investing is profound, and Leinweber provides an intriguing look at where technology on Wall Street has been, what it has meant, and how it will impact the markets of tomorrow, and its role in the multifaceted crises of today. In essence, the financial game has changed and will continue to change due entirely to technology. Throughout these pages, Leinweber takes a detailed look at the new \"players,\" human or otherwise, that offer both unprecedented opportunities and debilitating dangers in this ever-evolving environment. \u003c\/p\u003e\u003cp\u003eDivided into four parts, this lively exploration of markets and machines: \u003c\/p\u003e\u003cul\u003e \u003cli\u003eIllustrates the history of technology upheavals in markets and deals with electronic markets and algorithmic trading in Part One: Wired Markets\u003c\/li\u003e \u003cli\u003eExplores the use of wired markets, and anything else you can find, to outperform market averages in Part Two: Alpha as Life\u003c\/li\u003e \u003cli\u003eExamines how humans and machines can work together to extract useful information for investment and trading from textual sources in Part Three: Artificial Intelligence and Intelligence Amplification\u003c\/li\u003e \u003cli\u003eConsiders the roles of technology in contributing to the crisis of 2008, as well as its use to avoid future mishaps in Part Four (Epilogue): Nerds Gone Wild? Wired Markets in Distress\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eBeing a successful investor--whether individual or institutional--involves more than stock picking, asset allocation, or market timing: it involves technology. And through this story, Leinweber helps you go beyond the numbers to see exactly how advanced technology has become a bigger part of modern markets. \u003c\/p\u003e\u003cp\u003eIt's getting harder every day to see the difference between financial markets and computer networks. Hopefully, after reading this book, you'll have a better sense of how technology shapes today's markets, and how to best participate in the future of electronic finance.\u003c\/p\u003e\u003ch3\u003eAuthor Biography\u003c\/h3\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003cb\u003eDAVID LEINWEBER\u003c\/b\u003e is a Haas Fellow in Finance at the Haas School of Business at UC Berkeley, and founding Director of the Center for Innovative Financial Technology at Berkeley. He is the founder of two pioneering financial technology firms and successfully managed multibillion-dollar institutional portfolios for many years. Dr. Leinweber has consulted, published, and lectured widely on the use of advanced technology, artificial intelligence, and intelligence amplification in finance--always in an easy and accessible way--and has earned the reputation as \"class clown of the quantitative investing industry.\" He received BS degrees in physics and electrical engineering from the Massachusetts Institute of Technology and a PhD in applied mathematics from Harvard University.\u003c\/p\u003e\u003cdiv\u003e\n\u003cstrong\u003eNumber of Pages:\u003c\/strong\u003e 400\u003c\/div\u003e\u003cdiv\u003e\n\u003cstrong\u003eDimensions:\u003c\/strong\u003e 1.6 x 9 x 6.2 IN\u003c\/div\u003e\u003cdiv\u003e\n\u003cstrong\u003ePublication Date:\u003c\/strong\u003e June 01, 2009\u003c\/div\u003e","brand":"Books by splitShops","offers":[{"title":"Default Title","offer_id":42133624422535,"sku":"9780471369462","price":39.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0601\/2623\/2711\/files\/04747779570e8fcd52662eadef1c44f7.webp?v=1732635453","url":"https:\/\/booksby.splitshops.com\/products\/nerds-on-wall-street-math-machines-and-wired-markets-hardcover","provider":"Books by splitShops","version":"1.0","type":"link"}