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Just as it didn’t matter whether a company made widgets or tanks, or whether its leaders were visionaries or buffoons, the specifics of a country’s politics, leadership, or natural resources had only a tangential bearing on the view from a quant trader’s desk. A quantitative approach could be applied not only to a country’s stocks and bonds but also to its currencies, commodities, derivatives, whatever.
The Quants: How a New Breed of Math Whizzes Conquered Wall Street and Nearly Destroyed It
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