Inside the Black Box : Summary

The book is divided in to three parts. The first part of the book gives a basic primer to the Quant world which includes some description about the benefits of quant trading and intro to the structure of a basic quantitative trading system. The second part of the book deals with the key elements of the black box and the third part of the book is relevant to investors / managers who would want to evaluate various quant trading strategies.

Quote for the day

“ People focus on role models; It is more effective to find antimodels – people you don’t want to resemble when you grow up.” - Taleb

Jim Simons @ MIT

Creativity, Technology and Culture of openness – Key to Renaissance story http://mitworld.mit.edu/flash/player/Main.swf?host=cp58255.edgefcs.net&flv=mitw-01375-school-of-sci-simons-math-09dec2010&preview=http://mitworld.mit.edu//uploads/mitwstill01375schoolofscisimonsmath09dec2010.jpg