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PHYSICS OF WALL STREET,New
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Weatherall probes an epochal shift in financial strategizing with lucidity, explaining how it occurred and what it means for modern finance.Peter Galison, author of Einsteins Clocks, Poincares MapsAfter the economic meltdown of 2008, many pundits placed the blame on complex financial instruments and the physicists and mathematicians who dreamed them up. But how is it that physicists came to drive Wall Street? And were their ideas really the cause of the collapse?In The Physics of Wall Street, the physicist James Weatherall answers both of these questions. He tells the story of how physicists first moved to finance, bringing science to bear on some of the thorniest problems in economics, from bubbles to options pricing. The problem isnt simply that economic models have limitations and can break down under certain conditions, but that at the time of the meltdown those models were in the hands of people who either didnt understand their purpose or didnt care. It was a catastrophic misuse of science. However, Weatherall argues that the solution is not to give up on the models but to make them better. Both persuasive and accessible, The Physics of Wall Street is riveting history that will change how we think about our economic future.
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- Q: How many pages does 'Physics of Wall Street' have? A: The book has three hundred four pages. It provides an in-depth exploration of the intersection between physics and finance.
- Q: What is the binding type of this book? A: The binding type is paperback. This makes it lightweight and easy to handle for reading.
- Q: What are the dimensions of 'Physics of Wall Street'? A: The book measures five point thirty-one inches in length, zero point seventy-six inches in width, and eight inches in height. These dimensions make it a convenient size for reading.
- Q: Who is the author of 'Physics of Wall Street'? A: The author is James Weatherall. He is a physicist who discusses how physics has influenced financial strategies.
- Q: What genre does 'Physics of Wall Street' belong to? A: The book belongs to the Motivation & Self-Improvement genre. It aims to change perspectives on economics and finance.
- Q: Is 'Physics of Wall Street' suitable for beginners in finance? A: Yes, it is suitable for beginners. The author presents complex ideas in an accessible manner for all readers.
- Q: What themes are explored in 'Physics of Wall Street'? A: The book explores themes like financial modeling, the impact of physicists on finance, and the lessons learned from the 2008 financial crisis. These themes are relevant for understanding modern finance.
- Q: Can I read 'Physics of Wall Street' if I have no background in physics? A: Yes, you can read it without a physics background. The author explains concepts clearly for a general audience.
- Q: How should I store 'Physics of Wall Street' to keep it in good condition? A: Store the book in a cool, dry place away from direct sunlight. This will help preserve the cover and pages.
- Q: What is the recommended way to care for the paperback book? A: To care for the paperback, avoid bending the cover and keep it away from moisture. Gentle handling will maintain its condition.
- Q: What if 'Physics of Wall Street' arrives damaged? A: If the book arrives damaged, contact the seller for their return policy. Most sellers will offer a replacement or refund.
- Q: Is there a warranty for 'Physics of Wall Street'? A: No, books typically do not come with a warranty. However, check with the seller for specific return policies.
- Q: Where can I find reviews for 'Physics of Wall Street'? A: You can find reviews on major book retail websites and literary review platforms. These provide insights from other readers.
- Q: Is 'Physics of Wall Street' appropriate for all ages? A: Yes, it is appropriate for all ages. The content is educational and does not contain adult themes.
- Q: What makes 'Physics of Wall Street' unique compared to other finance books? A: Its unique perspective is that it combines physics with finance, explaining how scientific principles apply to economic models and strategies.