The Adventures of a Modern Renaissance Academic in Investing and Gambling (World Scientific Series in Finance)
| Author | : | |
| Rating | : | 4.84 (789 Votes) |
| Asin | : | 9813148284 |
| Format Type | : | paperback |
| Number of Pages | : | 350 Pages |
| Publish Date | : | 2017-03-14 |
| Language | : | English |
DESCRIPTION:
The book proceeds by weaving these aspects of the financial markets in the modern era into a story of the author's academic, professional and personal life. Readers at all levels will benefit from his analysis and many real life examples and experiences. Risk arbitrage and mean reversion strategies are described through actual use. The teaching and research into various financial and gambling markets takes the reader to interesting places around the world. The author uses racetrack bias ideas in behavorial finance in trading index futures and options. Details of various important events and how they evolved are described. The coverage is broad and there is considerable discussion on ways to stay out of trouble, protect oneself and grow one's assets. His work with horse racing syndicates took him to Australia and Hong Kong. Eight mini crashes including the January-February 2016, Brexit and the Trump election that are plausible but largely unpredictable are described and how they were dealt with successfully. Asset-liability models for pension funds, insurance companies and other financial institutions devised by the author are described. The author, a successful and experienced trader, who among other things won the 2015 battle of the quants futures contest held in New York, shares how one can navigate today's dangerous financial markets and be successful. The author was instrumental in viewing racing as a stock market. This book tells the
It recounts Bill's adventures throughout his life, and the amazing number of things he has done, places he has visited and people he has known and worked with. "Bill's many interests have taken him through the worlds of academia, investing and gambling. His story covers a lot of what happened in the financial markets over the last 50 or so years. Many of those people were among the most brilliant in their respective fields, and Bill recounts his interactions, adventures and often collaborations with them. All throughout this book you will find interesting stories and creative solutions in various markets with very colorful people, many of whom have been extremely successful focusing on the data and research. Ziemba strives for more. It's an amazing journey that very few have been willing to take. This memoir a