Mark's Reviews > The Quants: How a New Breed of Math Whizzes Conquered Wall Street and Nearly Destroyed It

The Quants by Scott Patterson
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Mar 28, 10


Mr Patterson presents a story of math-maniacs taken by both their own egos as well as a massive dose of human greed. The book does not offer any amazing insight, but does add some detail to what most of us expected.
That being said, the devil is in the details, and in that sense the book is interesting, and even important in some ways. It is not life-changing, but no information that is as esoteric as the stock market ever is.
The reader finds himself both amazed at the mathematical prowess, the analogies between compulsive gambling and the economic market, the abilities of massive intellectual heads and the idiocy involved in the story, and pure disgust by the egomaniacal attitudes of those involved. The book, if it offers anything else, reminds us of the futility of the government to control any one or anything with enough money and motivation to make even more.
In the end, it is yet another story of the lost human possibility.
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