The Economist Audio Edition [December 21, 2013]
19 December 2013, 22:35
English | MP3@48 kbps + EPUB + MOBI | 211.92MB
The audio edition contains word-for-word recordings of all articles published in The Economist, read by professional broadcasters and actors. It is ideal for anyone who wants to listen to articles while travelling, exercising or just relaxing.
The Economist is an English-language weekly news and international affairs publication owned by "The Economist Newspaper Ltd" and edited in London. It has been in continuous publication since James Wilson established it in September 1843. As of summer 2007, its average circulation topped 1.2 million copies a week, about half of which are sold in North America. Consequently it is often seen as a transatlantic (as opposed to solely British) news source.
The aim of The Economist is "to take part in a severe contest between intelligence, which presses forward, and an unworthy, timid ignorance obstructing our progress."Subjects covered include international news, economics, politics, business, finance, science, technology, and the arts. The publication is targeted at the high-end "prestige" segment of the market and counts among its audience influential business and government decision-makers.
It takes a strongly argued editorial stance on many issues, especially its support for free trade and fiscal conservatism; it can thus be considered as a magazine which practises advocacy journalism.
Religions in the Modern World [EPUB]
19 December 2013, 22:28
2001 | EPUB + MOBI | 7.17/6.47MB
This comprehensive guide offers an unrivalled introduction to recent work in the study of religion, from the religious traditions of Asia and the West, to new forms of religion and spirituality such as New Age.
With an historical introduction to each religion and detailed analysis of its place in the modern world, Religions in the Modern World is ideal for newcomers to the study of religion. It incorporates case-studies and anecdotes, text extracts, chapter menus and end-of-chapter summaries, glossaries and annotated further reading sections. Topics covered include:
- religion, colonialism and postcolonialism
- religious nationalism
- women and religion
- religion and globalization
- religion and authority
- the rise of new spiritualities.
Islamic Fundamentalism since 1945 [EPUB]
19 December 2013, 22:22
2005 | EPUB + MOBI | 3.67/1.07MB
Beverley Milton-Edwards analyzes the roots and emergence of new Islamic movements and the main thinkers that inspired them.
Providing a much-needed historical overview, the main facets of Islamic fundamentalism are put in a global context, with a thematic debate of issues such as:
- the effects of colonialism on Islam
- secularism and the Islamic reaction
- Islam and violence
- globalization and transnational Islamic movements
- Islam in the wake of 9/11.
Inside Islam: A Guide for Catholics [EPUB]
19 December 2013, 07:37
2011 | EPUB | 3.2MB
Islam. For some, the word is frightening; for others, mysterious. For all, it is a religious force that cannot be ignored. Now here’s a question-and-answer book on Islam written specifically for Catholics. Inside Islam addresses Islam’s controversial teachings on God, jihad, the role of women, and more.
The Japanese Mind [EPUB]
19 December 2013, 07:33
2002 | EPUB | 1.5MB
In The Japanese Mind, Roger Davies offers Westerners an invaluable key to the unique aspects of Japanese culture. Readers of this book will gain a clear understanding of what really makes the Japanese, and their society, tick.
Among the topics explored: aimai (ambiguity), amae (dependence upon others' benevolence), amakudari (the nation's descent from heaven), chinmoku (silence in communication), gambari (perseverence), giri (social obligation), haragei (literally, obelly arto; implicit, unspoken communication), kenkyo (the appearance of modesty), sempai-kohai (seniority), wabi-sabi (simplicity and elegance), and zoto (gift giving), as well as discussions of child-rearing, personal space, and the roles of women in Japanese society. Includes discussion topics and questions after each chapter.
All in all, this book is an easy-to-use introduction to the distinguishing characteristics of Japanese society; an invaluable resource for anyone—business people, travelers, or students—perfect for course adoption, but also for anyone interested in Japanese culture.
Europe in the Looking Glass [EPUB]
19 December 2013, 07:28
2012 | EPUB | 3.35MB
Three rich young Englishmen cross pre-World War II Europe in an old car with a mixture of laugh-out-loud humor and perceptive commentary on art and architecture.
Best known as the author of The Road to Oxiana, published in 1937, Robert Byron had developed his considerable writing skills on this travel book which has not been in print since 1926. It describes a journey Byron made with three friends, driving across Europe between two world wars, and mixes political and historical analysis with architectural insights, classical scholarship, and the day-to-day adventures of three young and not very experienced travelers. For fans of Robert Byron’s work this will be a discovery; for others it will be an introduction. Includes nine original sketches made by the author during his travels.
Film Studies: An Introduction [EPUB]
19 December 2013, 07:22
2009 | EPUB | 6.93MB
Ed Sikov builds a step-by-step curriculum for the appreciation of all types of narrative cinema, detailing the essential elements of film form and systematically training the spectator to be an active reader and critic. Sikov primes the eye and mind in the special techniques of film analysis. His description of mise-en-scene helps readers grasp the significance of montage, which in turn reveals the importance of a director's use of camera movement. He treats a number of fundamental factors in filmmaking, including editing, composition, lighting, the use of color and sound, and narrative.
Film Studies works with any screening list and can be used within courses on film history, film theory, or popular culture. Straightforward explanations of core critical concepts, practical advice, and suggested assignments on particular technical, visual, and aesthetic aspects further anchor the reader's understanding of the formal language and anatomy of film.
The History of Jazz, 2nd Edition [EPUB]
19 December 2013, 07:15
2011 | EPUB + MOBI | 3.67/2.01MB
Ted Gioia's History of Jazz has been universally hailed as a classic--acclaimed by jazz critics and fans around the world. Now Gioia brings his magnificent work completely up-to-date, drawing on the latest research and revisiting virtually every aspect of the music, past and present.
Gioia tells the story of jazz as it had never been told before, in a book that brilliantly portrays the legendary jazz players, the breakthrough styles, and the world in which it evolved. Here are the giants of jazz and the great moments of jazz history--Jelly Roll Morton, Louis Armstrong, Duke Ellington at the Cotton Club, cool jazz greats such as Gerry Mulligan, Stan Getz, and Lester Young, Charlie Parker and Dizzy Gillespie's advocacy of modern jazz in the 1940s, Miles Davis's 1955 performance at the Newport Jazz Festival, Ornette Coleman's experiments with atonality, Pat Metheny's visionary extension of jazz-rock fusion, the contemporary sounds of Wynton Marsalis, and the post-modernists of the current day. Gioia provides the reader with lively portraits of these and many other great musicians, intertwined with vibrant commentary on the music they created. He also evokes the many worlds of jazz, taking the reader to the swamp lands of the Mississippi Delta, the bawdy houses of New Orleans, the rent parties of Harlem, the speakeasies of Chicago during the Jazz Age, the after hours spots of corrupt Kansas city, the Cotton Club, the Savoy, and the other locales where the history of jazz was made. And as he traces the spread of this protean form, Gioia provides much insight into the social context in which the music was born.
365 Guitars [EPUB]
19 December 2013, 07:14
2013 | EPUB | 91.59MB
Guitarists love guitars. Few own just one, and most are dreaming of their next acquisition. To help them out, here is the ultimate bucket list of guitars—plus guitar amps and various guitar effects—that aficionados must play.
Included are the classics, such as the great Fender guitars, the Stratocaster and Telecaster, and the stylish Gibson Les Paul. Included as well are the dream creations—masterpieces from D’Angelico and Gretsch. And then there are the weird guitars—the outrageous, rare, and so-strange-they’re-cool, and your beloved childhood guitar that you first learned on. Included as well are the guitar amps, from vintage to current, rare to essential, plus the stompboxes, foot pedals, and guitar effects that you simply have to take for a ride.
Each instrument is profiled along with a short description of its history, technical features, and what it’s like to play. Photographs and rare memorabilia add the crowning touch, making this the perfect impulse buy or giftbook for any and all guitarists.
The Fender Stratocaster [PDF]
19 December 2013, 07:10
2013 | PDF | 95.12MB
Fender’s Stratocaster is arguably the number-one instrument icon of the guitar world. When introduced in 1954, its offset space-age lines, contoured body, and three-pickup configuration set the music world on its ear—it was truly unlike any guitar that had come before. In the hands of the world’s most beloved players, the Stratocaster has since become a popular weapon of choice among rock, blues, jazz, and country players and, not coincidentally, is also one of the most copied electric guitars of all time.
In this authoritatively written, painstakingly curated, and gloriously presented tribute to the 60-year-old Fender Stratocaster, author Dave Hunter covers the guitar’s history from concept, design, and model launch through its numerous variations and right up to the present. The story is illustrated with archival images of Stratocasters and their players in action, studio shots of Stratocasters of varied vintage and provenance, memorabilia associated with famous players, and profiles of over 30 noted Strat slingers through the ages. Influential rock’n’ rollers like Buddy Holly, Hank Marvin, Ike Turner, and Dick Dale; blues players like Buddy Guy, Eric Clapton, Stevie Ray Vaughan, Robert Cray, Bonnie Raitt, and John Mayer; metal gods Richie Blackmore, Yngwie Malmsteen, and Dave Murray; esteemed rockers Jeff Beck, David Gilmour, Ronnie Wood, Robbie Robertson, Rory Gallagher, Mark Knopfler, and Wayne Kramer; and post-punk heroes The Edge, John Frusciante, and Billy Corgan are all included. And so, of course, is Jimi Hendrix. With its unprecedented level of detail and stunning visuals, The Fender Stratocaster is the only book tribute worthy of the world’s greatest guitar.
The Coming Bond Market Collapse [EPUB]
19 December 2013, 06:56
2013 | EPUB | 2.73MB
The coming financial apocalypse and what government and individuals can do to insulate themselves against the worst shocks.
In this controversial book a noted adherent of Austrian School of Economics theories advances the thesis that the United States is fast approaching the end stage of the biggest asset bubble in history. He describes how the bursting of the bubble will cause a massive interest rate shock that will send the US consumer economy and the US government—pumped up by massive Treasury debt—into bankruptcy, an event that will send shockwaves throughout the global economy. Michael Pento examines how policies followed by both the Federal Reserve and private industry have contributed to the impending interest rate disaster and highlights the similarities between the US and European debt crisis. But the book isn't all doom and gloom. Pento also provides well-reasoned solutions that, government, industry and individuals can take to insulate themselves against the coming crisis.
- Paints an alarmingly vivid picture of the massive interest rate shock which soon will send consumers and the government into bankruptcy
- Backed by a wealth of historical and economic data, Pento explains how the bubble was created and what the U.S. can do to mitigate the impending crisis
- Provides investors with sound strategies for protecting themselves and their assets against the coming financial apocalypse
- Explains why retirees, in particular, will be at risk as real estate prices decline, pensions weaken, and the bond bubble bursts
Venture Deals [Audiobook]
19 December 2013, 06:49
2011 | MP3@128 kbps + EPUB + MOBI | 7 hrs 23 mins | 402.43MB
As each new generation of entrepreneurs emerges, there is a renewed interest in how venture capital deals come together. Yet there really is no definitive guide to venture capital deals. Nobody understands this better than authors Brad Feld and Jason Mendelson. For more than seventeen years, they've been involved in hundreds of venture capital financings, and now, with Venture Deals, they share their experiences in this field with you.
Inspired by a series of blog posts - created by the authors after a particularly challenging deal - this reliable resource demystifies the venture capital financing process and helps you gain a practical perspective of this dynamic discipline.
Whether you're an experienced or aspiring entrepreneur, venture capitalist, or lawyer who partakes in these particular types of deals, you can benefit from the insights found throughout this book. Engaging and informative, Venture Deals skillfully outlines the essential elements of the venture capital term sheet - from terms related to economics to terms related to control. Feld and Mendelson strive to give a balanced view of the particular terms along with the strategies to getting to a fair deal. In addition to examining the nuts and bolts of the term sheet, Venture Deals also introduces you to the various participants in the process, discusses how fundraising works, reveals how VC firms operate, and describes how to apply different negotiating tactics to your deals. You'll also gain valuable insights into several common legal issues most startups face and, as a bonus, discover what a typical letter of intent to acquire your company looks like.
The Alpha Masters [Audiobook]
19 December 2013, 06:47
2012 | MP3@128 kbps + EPUB + MOBI | 7 hrs 47 mins | 428.2MB
The ultimate behind-the-curtain look at the hedge fund industry, unlocking the most valuable stories, secrets, and lessons directly from those who have played the game best.
Written by Maneet Ahuja, the hedge fund industry insider, The Alpha Masters brings the secretive world of hedge funds into the light of day for the first time. As the authority that the biggest names in the business, including John Paulson, David Tepper, and Bill Ackman, go to before breaking major news, Ahuja has access to the innermost workings of the hedge fund industry. For the first time, in Alpha Masters, Ahuja provides both institutional and savvy private investors with tangible, analytical insight into the psychology of the trade, the strategies and investment criteria serious money managers use to determine and evaluate their positions, and special guidance on how the reader can replicate this success themselves.
There are few people with access to the inner chambers of the hedge fund industry, and as a result it remains practically uncharted financial territory. Alpha Masters changes all that, shedding light on star fund managers and how exactly they consistently outperform the market. The book:
- Contains easy-to-follow chapters that are broken down by strategy--Long/Short, Event Arbitrage, Value, Macro, Distressed, Quantitative, Commodities, Activist, pure Short, Fund of Funds.
- Includes insights from the biggest names in the trading game, including Ray Dalio, Marc Lasry, Jim Chanos, Sonia Gardner, Pierre Lagrange, and Tim Wong.
- Features contributions from industry icon Mohamed El-Erian
Many of the subjects profiled in this groundbreaking new book have never spoken so candidly about their field, providing extremely provocative, newsworthy analysis of today's investing landscape.
Hedge Fund Market Wizards [Audiobook]
19 December 2013, 06:43
2012 | MP3@128 kbps + EPUB | 16 hrs 15 mins | 888.37MB
This audiobook provides fascinating insights into the hedge fund traders who consistently outperform the markets, in their own words.
From best-selling author, investment expert, and Wall Street theoretician Jack Schwager comes a behind-the-scenes look at the world of hedge funds, from 15 traders who've consistently beaten the markets. Exploring what makes a great trader a great trader, Hedge Fund Market Wizards breaks new ground, giving readers rare insight into the trading philosophy and successful methods employed by some of the most profitable individuals in the hedge fund business.
- Presents exclusive interviews with 15 of the most successful hedge fund traders and what they've learned over the course of their careers
- Includes interviews with Jamie Mai, Joel Greenblatt, Michael Platt, Ray Dalio, Colm O'Shea, Ed Thorp, and many more
- Explains 40 key lessons for traders
- Joins Stock Market Wizards, New Market Wizards, and Market Wizards as the fourth installment of investment guru Jack Schwager's acclaimed best-selling series of interviews with stock market experts
A candid assessment of each trader's successes and failures, in their own words, the book shows readers what they can learn from each, and also outlines 40 essential lessons - from finding a trading method that fits an investor's personality to learning to appreciate the value of diversification - that investment professionals everywhere can apply in their own careers.
Bringing together the wisdom of the true masters of the markets, Hedge Fund Market Wizards is a collection of timeless insights into what it takes to trade in the hedge fund world.
Working Together [Audiobook]
19 December 2013, 06:37
2010 | MP3@64 kbps | 7 hrs 55 mins | 215.12MB
Dig deep and you will find the most compelling argument for working together: Happiness.
In business there are always unique individual achievers, but pull down the veil and you'll often find someone alongside them. Michael Eisner does just that in Working Together. Using his own collaboration with Frank Wells at Disney as a launching point for examining other famously successful partnerships, Eisner offers us an intimate and deeply personal look at some of the most rewarding business partnerships, uncovering what makes them tick and offering unconventional wisdom and unexpected insights.
In this essential book for businesspeople everywhere, Eisner shines a light on these startlingly long-lasting and enriching partnerships, weaving together 10 separate narratives - from investment gurus to entertainment impresarios, from fashion designers to big-box retailers - into a larger story about the true nature of achievement in life and in business. Ten stories, ten magical partnerships:
- Michael D. Eisner and Frank Wells (Disney)
- Warren Buffett and Charlie Munger (Berkshire Hathaway)
- Bill and Melinda Gates (The Gates Foundation)
- Brian Grazer and Ron Howard (Imagine Entertainment)
- Valentino and Giancarlo Giammetti (Valentino)
- Ian Schrager and Steve Rubell (Studio 54)
- Arthur Blank and Bernie Marcus (The Home Depot)
- Susan Feniger and Mary Sue Milliken (restaurateurs)
- Joe Torre and Don Zimmer (New York Yankees)
- John Angelo and Michael Gordon (finance)
Collectively, the stories you'll hear form a blueprint for building partnerships that matter, that last, and that allow each of us to do our very best work.
Great by Choice [Audiobook]
19 December 2013, 06:35
2011 | MP3@192 kbps + EPUB + MOBI | 8 hrs 45 mins | 720.46MB
The new question: Ten years after the worldwide best seller Good to Great, Jim Collins returns to ask: Why do some companies thrive in uncertainty, even chaos, and others do not? In Great by Choice, Collins and his colleague, Morten T. Hansen, enumerate the principles for building a truly great enterprise in unpredictable, tumultuous, and fast-moving times.
The new study: Great by Choice distinguishes itself from Collins's prior work by its focus on the type of unstable environments faced by leaders today.
The new findings:
- The best leaders were more disciplined, more empirical, and more paranoid.
- Following the belief that leading in a "fast world" always requires "fast decisions" and "fast action" is a good way to get killed.
- The great companies changed less in reaction to a radically changing world than the comparison companies.
This book is classic Collins: contrarian, data-driven, and uplifting. He and Hansen show convincingly that, even in a chaotic and uncertain world, greatness happens by choice, not by chance.
Good to Great [Audiobook]
19 December 2013, 06:26
2005 | MP3@128 kbps + EPUB + MOBI | 10 hrs 05 mins | 402.7MB
Built to Last, the defining management study of the nineties, showed how great companies triumph over time and how long-term sustained performance can be engineered into the DNA of an enterprise from the verybeginning.
But what about the company that is not born with great DNA? How can good companies, mediocre companies, even bad companies achieve enduring greatness?
For years, this question preyed on the mind of Jim Collins. Are there companies that defy gravity and convert long-term mediocrity or worse into long-term superiority? And if so, what are the universal distinguishing characteristics that cause a company to go from good to great?
Using tough benchmarks, Collins and his research team identified a set of elite companies that made the leap to great results and sustained those results for at least fifteen years. How great? After the leap, the good-to-great companies generated cumulative stock returns that beat the general stock market by an average of seven times in fifteen years, better than twice the results delivered by a composite index of the world's greatest companies, including Coca-Cola, Intel, General Electric, and Merck.
The research team contrasted the good-to-great companies with a carefully selected set of comparison companies that failed to make the leap from good to great. What was different? Why did one set of companies become truly great performers while the other set remained only good?
Over five years, the team analyzed the histories of all twenty-eight companies in the study. After sifting through mountains of data and thousands of pages of interviews, Collins and his crew discovered the key determinants of greatness -- why some companies make the leap and others don't.
The findings of the Good to Great study will surprise many readers and shed light on virtually every area of management strategy and practice. The findings include:
- Level 5 Leaders: The research team was shocked to discover the type of leadership required to achieve greatness.
- The Hedgehog Concept (Simplicity within the Three Circles): To go from good to great requires transcending the curse of competence.
- A Culture of Discipline: When you combine a culture of discipline with an ethic of entrepreneurship, you get the magical alchemy of great results. Technology Accelerators: Good-to-great companies think differently about the role of technology.
- The Flywheel and the Doom Loop: Those who launch radical change programs and wrenching restructurings will almost certainly fail to make the leap.
“Some of the key concepts discerned in the study,” comments Jim Collins, "fly in the face of our modern business culture and will, quite frankly, upset some people.”
Perhaps, but who can afford to ignore these findings?
Built to Last [Audiobook]
19 December 2013, 05:32
2004 | MP3@128 kbps + EPUB + MOBI | 11 hrs 26 mins | 344.19MB
"This is not a book about charismatic visionary leaders. It is not about visionary product concepts or visionary products or visionary market insights. Nor is it about just having a corporate vision. This is a book about something far more important, enduring, and substantial. This is a book about visionary companies." So write Jim Collins and Jerry Porras in this groundbreaking book that shatters myths, provides new insights, and gives practical guidance to those who would like to build landmark companies that stand the test of time.
Drawing upon a six-year research project at the Stanford University Graduate School of Business, Collins and Porras took eighteen truly exceptional and long-lasting companies -- they have an average age of nearly one hundred years and have outperformed the general stock market by a factor of fifteen since 1926 -- and studied each company in direct comparison to one of its top competitors. They examined the companies from their very beginnings to the present day -- as start-ups, as midsize companies, and as large corporations. Throughout, the authors asked: "What makes the truly exceptional companies different from other companies?"
What separates General Electric, 3M, Merck, Wal-Mart, Hewlett-Packard, Walt Disney, and Philip Morris from their rivals? How, for example, did Procter & Gamble, which began life substantially behind rival Colgate, eventually prevail as the premier institution in its industry? How was Motorola able to move from a humble battery repair business into integrated circuits and cellular communications, while Zenith never became dominant in anything other than TVs? How did Boeing unseat McDonnell Douglas as the world's best commercial aircraft company -- what did Boeing have that McDonnell Douglas lacked?
By answering such questions, Collins and Porras go beyond the incessant barrage of management buzzwords and fads of the day to discover timeless qualities that have consistently distinguished out-standing companies. They also provide inspiration to all executives and entrepreneurs by destroying the false but widely accepted idea that only charismatic visionary leaders can build visionary companies.
Filled with hundreds of specific examples and organized into a coherent framework of practical concepts that can be applied by managers and entrepreneurs at all levels, Built to Last provides a master blueprint for building organizations that will prosper long into the twenty-first century and beyond.
The Risk of Trading [Audiobook]
19 December 2013, 05:15
2012 | MP3@128 kbps | 9 hrs 13 mins | 506.44MB
Develop the skills to manage risk in the high-stakes world of financial speculation.
The Risk of Trading is a practical resource that takes an in-depth look at one of the most challenging factors of trading—risk management. The book puts a magnifying glass on the issue of risk, something that every trader needs to understand in order to be successful.
Most traders look at risk in terms of a "stop-loss" that enables them to exit a losing trade quickly. In The Risk of Trading, Michael Toma explains that risk is ever-present in every aspect of trading and advocates that traders adopt a more comprehensive view of risk that encompasses the strategic trading plan, account size, drawdowns, maximum possible losses, psychological capital, and crisis management.
- Shows how to conduct a detailed statistical analysis of an individual's trading methodology through back-testing and real-time results so as to identify when the methodology may be breaking down in actual trading
- Reveals why traders should think of themselves as project managers who are strategically managing risk
- The book is based on the author's unique 'focus on the risk' approach to trading using data-driven risk statistical analytics
Using this book as a guide, traders can operate more as business managers and learn how to avoid market-busting losses while achieving consistently good results.
Book Yourself Solid [Audiobook]
19 December 2013, 05:08
2008 | MP3@128 kbps + EPUB | ~ 8 hrs | 414.98MB
According to the Small Business Administration, ninety percent of service businesses will fail within the first five years. They fail not because they don't offer great services and products, but because the owners are extremely uncomfortable with traditional marketing and sales. The result is a frustrated, isolated, and overwhelmed business owner who does not know there is an entirely different, highly successful approach to marketing and sales available—and it's laid out in the pages of Book Yourself Solid.
Book Yourself Solid is based on Michael Port's proven system for getting more clients. And it works. In fact, ninety-three percent of business owners who have used the system have experienced a thirty-four percent increase in their total number of clients and a forty-two percent increase in sales in the first year alone.
Original, wildly inspiring, personal, and provocative, Book Yourself Solid is an easy-to-follow road map for starting and growing your service business based on seven core self-promotion strategies. Through verbal and written exercises, you'll not only learn how to develop a strong marketing plan and brand identity, but you'll also learn why self-promotion is absolutely critical to your success—and how to do it with passion and purpose. Even if you hate the idea of marketing and selling yourself, this practical, inspirational guide will lift you up and give you the confidence you need to comfortably and authentically market yourself and your services, tap into an endless supply of quality referrals, and watch your business grow.
If you're a seasoned professional, you'll find the fresh ideas and tactics you need to keep bringing in new business for years to come. If you're a novice service professional looking for a complete business building system, you'll have the keys to unlock long-lasting business prosperity, security, and abundance for yourself and your family. Once you make a name for yourself using the seven core strategies for self-promotion, you'll be able to run a profitable, meaningful, and absolutely booked-solid business overflowing with as many clients as your heart desires.
Book Yourself Solid is a one-of-a-kind, step-by-step guide to building a successful service business from the ground up. These proven methods have helped thousands of service professionals realize their dreams. And they will do the same for you.
Inside the Black Box [Audiobook]
19 December 2013, 05:05
2012 | MP3@128 kbps + PDF | 7 hrs 40 mins | 421.64MB
Quantitative trading strategies—known to many as “black boxes”—have gained a reputation of being difficult to explain and even harder to understand. While there is a certain level of complexity to this approach, with the right guidance, you can successfully overcome potential obstacles and begin to excel in this arena.
That’s why expert fund manager Rishi Narang has created Inside the Black Box. In a straightforward, nontechnical style—supplemented by real-world examples and informative anecdotes—this reliable resource takes you on a detailed tour through the black box. It skillfully sheds light upon the work that “quants” do, lifting the veil of mystery around quantitative trading and allowing anyone interested in doing so to understand quants and their strategies.
Divided into three comprehensive parts, Inside the Black Box opens with an accessible introduction to the discipline of quantitative trading and quickly moves on to demonstrate that what many call a black box is in fact transparent, intuitively sensible, and readily understandable. Along the way, it also explains how quant strategies can fit into your portfolio and why they are so important.
Whether you’re an institutional investor or high-networth individual, the lessons learned here will help you gain an edge in today’s turbulent market. Some of the tough questions answered throughout these pages include:
- How do quants capture alpha?
- What is the difference between theory-driven systems and data-mining strategies?
- How do quants model risk?
- What can be learned about investing in general from quantitative trading?
- And much more.
Given both the difficulty of the market environment over the past few years and the negativity surrounding hedge funds in general and quant funds in particular, there has never been a better time to become more familiar with what quantitative trading is really about. With the help of the framework found here, you can gain a firm understanding of quant strategies, discern which are more likely to succeed, and ascertain how to use specific strategies in a portfolio, to help improve the performance of your investment process.