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The Quants
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How the global economy was brought to the brink of collapse

About the Author

Scott Patterson worked for several years as a financial reporter at the Wall Street Journal. He lives in New York.

Reviews

"Mr Patterson is onto a big story that already begs follow-up" * New York Times *
"... a riveting account" * Financial Times *
"The Quants ... radiates with hubris, high stakes and pricey toys" * Business Week *
"[an] intriguing history of the Quants...[Patterson] explains how hedge funds combined techniques of arbitrage and hedging using complex computer-driven models (one was named Midas) to reduce the risk of making losing bets" -- Stephen Fay * TLS *
"Patterson paints a clear picture of the history and evolution of quantitative trading on Wall Street, before shifting focus to the 'crisis before the crisis' in which a number of quant funds almost collapsed in 2007...definitely worth reading for an in depth analysis of one of the points in recent financial history where things may have started to go awry" * Insider *

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