Inside the Black Box, Rishi K. Narang
Inside the Black Box, Rishi K. Narang
List: $19.99 | Sale: $13.99
Club: $9.99

Inside the Black Box
The Simple Truth About Quantitative Trading

Author: Rishi K. Narang

Narrator: Richard J. Brewer

Unabridged: 7 hr 41 min

Format: Digital Audiobook Download

Publisher: Ascent Audio

Published: 07/20/2020

Includes: Bonus Material Bonus Material Included


Synopsis

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?

Reviews

Goodreads review by Katherine on December 04, 2013

Oh, Harry. Many people when they age take up hobbies. It would appear that Michael Connelly has taken up the hobby of Harry Bosch Book By Numbers writing. Because it's all here, in on handy volume 1. Gritty LA Death 2. Gruff Harry pursues the Case Nobody Believes In. 3. "You are a Crime Tourist" view o......more

Goodreads review by James on August 14, 2019

During the course of the L.A. riots in 1992, Harry Bosch, then a young detective, was the first investigator on the scene of the murder of Anneke Jespersen. Jespersen, an attractive photo-journalist from Denmark, was found executed in a dark ally in the middle of the riot zone by national guardsmen......more

Goodreads review by Jane on September 22, 2017

Excellent story, but dislike the audiobook narrator. I had one negative with the story, a question not answered at the end: On the second to last page Connelly wrote “She would not tell Bosch why she …” did something. That bothered me. It was important. The positive: One of the things he does so well is......more

Goodreads review by Scott on February 29, 2024

1992. Los Angeles. Third night of the riots. Harry Bosch was a fledgling detective, barely out of his patrolman’s uniform. He and his partner were called downtown, amidst confused and frightened beat cops, National Guardsmen, and police officers pulled out of their comfortable precincts to watch the......more