The Money Formula paperback english - 12 Jun 2017
Now:
AED 107.00 Inclusive of VAT
Only 2 left in stock
Get it by 29 Dec
Pay 4 interest-free payments of AED 26.75.Learn more
Split in 4 payments of AED 26.75. No interest. No late fees.Learn more
1
Free delivery on Lockers & Pickup Points
Learn more
Enjoy hassle free returns with this offer.
Item as Described
70%
Partner Since
7+ YearsSpecifications
| Publisher | John Wiley & Sons Inc |
| ISBN 13 | 9781119358619 |
| ISBN 10 | 1119358612 |
| Book Subtitle | Dodgy Finance, Pseudo Science, And How Mathematicians Took Over The Markets |
| Book Description | Explore the deadly elegance of finance's hidden powerhouse The Money Formula takes you inside the engine room of the global economy to explore the little-understood world of quantitative finance, and show how the future of our economy rests on the backs of this all-but-impenetrable industry. Written not from a post-crisis perspective but from a preventative point of view this book traces the development of financial derivatives from bonds to credit default swaps, and shows how mathematical formulas went beyond pricing to expand their use to the point where they dwarfed the real economy. You'll learn how the deadly allure of their ice-cold beauty has misled generations of economists and investors, and how continued reliance on these formulas can either assist future economic development, or send the global economy into the financial equivalent of a cardiac arrest. Rather than rehash tales of post-crisis fallout, this book focuses on preventing the next one. By exploring the heart of the shadow economy, you'll be better prepared to ride the rough waves of finance into the turbulent future. * Delve into one of the world's least-understood but highest-impact industries * Understand the key principles of quantitative finance and the evolution of the field * Learn what quantitative finance has become, and how it affects us all * Discover how the industry's next steps dictate the economy's future How do you create a quadrillion dollars out of nothing, blow it away and leave a hole so large that even years of "quantitative easing" can't fill it and then go back to doing the same thing? Even amidst global recovery, the financial system still has the potential to seize up at any moment. The Money Formula explores the how and why of financial disaster, what must happen to prevent the next one. |
| Editorial Review | Anyone interested in investment theory (and that should be everyone working in financial services) would find it worth reading. (International Investment, June 2017) "Irrevent and fun, it is at the same time very rigorous in explaining how soem fairly basic mathematics has hijacked the world of finance." (Marketing Moving, June 2017) "a great description of what has happened, a thorough explanation of what is currently going on, and a solid argument for what should be done in the future." (Significance, April 2018) |
| Language | English |
| Author | Paul Wilmott, David Orrell |
| Publication Date | 12 Jun 2017 |
| Number of Pages | 264 |
The Money Formula paperback english - 12 Jun 2017
Added to cart
Cart Total AED 107.00
