Airplane Reading

Most of the way through The Quants and it is delicious reading.  While a lot is review for someone who is well versed in quant history, there are some interesting tidbits.  Like how the quant grandfather Thorp (also known as probably #2 top performing HF of all time next to Rentec’s Simons) reviewed Madoff’s performance and trades way back in 1991 and decided they were impossible.

I got a few books ordered before my self imposed book buying ban, and two landed today.

How Markets Fail: The Logic of Economic Calamities – by Cassidy

Financial Market Bubbles and Crashes – Vogel

Should be good reading for this looong plane ride to Munchen.  Also printed and taking with my new picture taker the paper Economists, Crises, and Cartoons – Levy and Peart