Books Reviews

The Misbehavior

The Misbehavior of Markets

Review The Misbehavior of Markets: A Fractal View of Financial Turbulence by BENOIT B. MANDELBROT and RICHARD L. HUDSON Description Before engaging in the field of finance, the author Benoit Mandelbrot initially endeavored in researches and academic pursuits relative to the mathematics of space, figures, and natural patterns. Though he is an esteemed figure in […]

The Signal and the Noise

The Signal and the Noise

Review The Signal and the Noise: Why So Many Predictions Fail–but Some Don’t by NATE SILVER Description Nate Silver largely contributed to prediction practices through his system capable of accurately predicting baseball matches. He also predicted the 2008 poll and, after which, became a renowned figure in the world of blogging. Presently, he is now […]

The Kelly Capital1

The Kelly Capital Growth Investment Criterion

Review The Kelly Capital Growth Investment Criterion by LEONARD C. MCLEAN, EDWARD O. THORP, WILLIAM T. ZIEMBA Description This book is solely dedicated to intensively discuss the principles and application of the fortune’s formula or more commonly known as the Kelly Capital Growth Criterion. This strategy is systematic in a way that it stretches long-term […]

Calculated Bets

Calculated Bets

Review Calculated Bets: Computers, Gambling, and Mathematical Modeling to Win by STEVEN SKIENA Description If you are looking for a primer that will efficiently help you in designing, developing, and implementing a gambling system capable of exponential profits, then Calculated Bets: Computers, Gambling, and Mathematical Modeling to Win is the guide you need. True to […]

The Research Driven

The Research Driven Investor

Review The Research Driven Investor: How to Use Information, Data and Analysis for Investment Success  by TIMOTHY HAYES Description Market volatility has been the perennial adversity of traders and investors in the financial markets. A solid, well-thought-out trading strategy is a good weapon to battle volatility. In search of reference materials containing a set of […]

Manias Panics

Manias, Panics, and Crashes

Review Manias, Panics, and Crashes: A History of Financial Crises by ROBERT Z. ALIBER, CHARLES P. KINDLEBERGER Description Author Robert Z. Aliber’s “Manias, Panics, and Crashes” documents the financial failure states and pitfalls of the financial industries around the world. With its 7th edition including a foreword and afterword from Robert Solow and Lord Robert […]

Superforecasting

Superforecasting: The Art and Science of Prediction

Review Superforecasting: The Art and Science of Prediction  by PHILIPP E. TETLOCK and DAN GARDNER Description Taken from experts of various fields, the book, “Superforecasting: The Art and Science of Prediction,” was written with one thing in mind: how one can cultivate foresight to his or her personal and financial development. The book’s contents have […]

Unholy Grails

Unholy Grails – A New Road to Wealth

Review Unholy Grails – A New Road to Wealth by NICK RADGE Description The fastest way to dispose of money and to put it all to waste is to follow what the majority of people do. The author had long abolished this kind of habit as he tries to thread a less-traveled path. While in […]

Pit Bull

Pit Bull: Lessons from Wall Street’s Champion Trader

Review Pit Bull: Lessons from Wall Street’s Champion Trader by MARTIN SCHWARTZ Description In the world of Martin Schwartz, he was known to some as “Buddy,” but to many, he was “Pit Bull” of Wall Street. This book follows the narrative of how Schwartz conquered Wall Street and was ranked to be the best among […]

What Works

What Works on Wall Street

Review What Works on Wall Street: A Guide to the Best-Performing Investment Strategies of All Time  by JAMES P. O’SHAUGHNESSY Description A shortcut to a must-take road of financial pilgrimage in Wall Street, What Works on Wall Street gives investors the easy way of finding out what really works, including those that don’t on Wall […]