Description
Discover the pivotal insights of 'The Money Formula', a critical exploration of quantitative finance that unveils the hidden workings of the global economy. This influential book guides readers through the intricate world of financial derivatives, starting from traditional bonds to complex credit default swaps. Written from a preventative perspective, 'The Money Formula' dissects how mathematical formulas have evolved beyond mere pricing mechanisms to become central to the financial landscape, sometimes overshadowing the real economy. Understanding these concepts is imperative for anyone looking to navigate the turbulent waters of modern finance. With an emphasis on preventing future financial crises, this book delves into the often-opaque realm of the shadow economy, equipping you with the knowledge needed to foresee and mitigate potential economic disruptions.
Inside these 264 pages, you will:
- Gain a comprehensive understanding of quantitative finance and its key principles.
- Explore the delicate balance between financial innovations and economic stability.
- Learn about the history and evolution of financial derivatives, providing context for their modern application.
- Discover the implications of quantitative finance on your investments and the future of our economy.
Ideal for investors, students of finance, or anyone curious about the dynamics of the economic system, 'The Money Formula' is both enlightening and essential. With free shipping available, please allow up to 6 weeks for delivery. Note: Once your order is placed, it cannot be cancelled.
Note: Shipping for this item is free. Please allow up to 6 weeks for delivery. Once your order is placed, it cannot be cancelled.
Condition: BRAND NEW
ISBN: 9781119358619
Year: 2017
Publisher: John Wiley & Sons (UK)
Pages: 264
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
Inside these 264 pages, you will:
- Gain a comprehensive understanding of quantitative finance and its key principles.
- Explore the delicate balance between financial innovations and economic stability.
- Learn about the history and evolution of financial derivatives, providing context for their modern application.
- Discover the implications of quantitative finance on your investments and the future of our economy.
Ideal for investors, students of finance, or anyone curious about the dynamics of the economic system, 'The Money Formula' is both enlightening and essential. With free shipping available, please allow up to 6 weeks for delivery. Note: Once your order is placed, it cannot be cancelled.
Note: Shipping for this item is free. Please allow up to 6 weeks for delivery. Once your order is placed, it cannot be cancelled.
Condition: BRAND NEW
ISBN: 9781119358619
Year: 2017
Publisher: John Wiley & Sons (UK)
Pages: 264
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