The Quants

  • by Scott Patterson
  • Narrated by Mike Chamberlain
  • 14 hrs and 10 mins
  • Unabridged Audiobook

Publisher's Summary

In March 2006, the world's richest men sipped champagne in an opulent New York hotel. They were preparing to compete in a poker tournament with ­million-dollar stakes. At the card table that night was Peter Muller, who managed a fabulously successful hedge fund called PDT. With him was Ken Griffin, who was the tough-as-nails head of Citadel Investment Group. There, too, were Cliff Asness, the sharp-tongued, mercurial founder of the hedge fund AQR Capital Management, and Boaz Weinstein, chess "life master" and king of the credit-default swap.
Muller, Griffin, Asness, and Weinstein were among the best and brightest of a new breed, the quants. Over the past 20 years, this species of math whiz had usurped the testosterone-fueled, kill-or-be-killed risk takers who'd long been the alpha males of the world's largest casino. The quants believed that a cocktail of differential calculus, quantum physics, and advanced geometry held the key to reaping riches from the financial markets. And they helped create a digitized money-trading machine that could shift ­billions around the globe with the click of a mouse. Few realized that night, though, that in creating this extraordinary system, men like Muller, Griffin, Asness, and Weinstein had sown the seeds for history's greatest financial disaster.


What the Critics Say

"Scott Patterson has the ability to see things you and I don't notice. He does an admirable job of debunking the myths of black box traders and provides a very entertaining narrative in the process." (Nassim Nicholas Taleb, New York Times bestselling author of Fooled By Randomness and The Black Swan)


See More Like This

Customer Reviews

Most Helpful

Rubbish, goes around the same topics, same people

The book has no depth. It continues in a cycle of the same people, the same storys and never moves past some important questions that it asks but never answers.
Read full review


Fell in love with every aspect of this book.

This book motivates me on degree amazing!!! Good accounts of what happens and dramatisation of the process.
Read full review

- kieran

Book Details

  • Release Date: 02-02-2010
  • Publisher: Random House Audio