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Quants: The Alchemists of Wall Street

Published on 11/03/10
by willpate

This video by Dutch national public broadcasting corporation VPRO is a great introduction to quants, algorithmic trading and what part they played in the financial crisis.

From the description:“Quants are the math wizards and computer programmers in the engine room of our global financial system who designed the financial products that almost crashed Wall st. The credit crunch has shown how the global financial system has become increasingly dependent on mathematical models trying to quantify human (economic) behavior.”

That's it. What Next?

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