James Owen Weatherall examines the history of maths and physics which has underpinned not only the rise of Wall Street but all other financial exchanges and markets. It’s an informative read that feels lite even though it delves into deep and complex maths.
Increasingly financial models have been blamed for many market crashes and are even described as Weapons of Mass Destruction. In this easily accessible book, James convincingly argues that financial models should not be abandoned but constantly tweaked and improved. They are essential to the mechanics of our international exchanges.
Definitely, a book to read.