[PDF] The Wrong Answer Faster eBook

Author : Michael Goodkin
Publisher : John Wiley & Sons
Page : 306 pages
File Size : 42,38 MB
Release : 2012-01-18
Category : Business & Economics
ISBN : 1118238575

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The fascinating story behind the machines that trade trillions of dollars every day “A Bildungsroman, one jacket blurb calls this book—and sure, it’s a traditional coming-of-age tale. But the story itself is anything but conventional. The pleasures of the book lie in the story of their bumpy path to success.” Canadian Business In 1968, Michael Goodkin is about to graduate from Columbia University. While his classmates interview for jobs, he daydreams of seeing the world as a man of independent means. Noticing that there are no computers on Wall Street and drawing on his experiences as a failed teenage investor and successful gambler, he has an epiphany: since no one knows the right price for anything, the only way to beat the market is to make a computer that comes up with the wrong answer faster than the professionals. And thus begins a journey that takes this provincial Midwesterner from nearly broke to opulent Park Avenue. The Wrong Answer Faster is the story of unintended consequences: how a technique originally created to minimize market risk spiraled into a multi-trillion dollar game with unparalleled risks. Having founded and sold a firm that changed the world, Goodkin left New York to travel and play backgammon—only to return to found another groundbreaking firm, Numerix, a software company that substituted computational physics for econometrics to better manage derivative risk. The story of the computerization of Wall Street by the man at the helm Packed with keen insights, based almost entirely on poker, backgammon and game theory Goodkin's unique insight to the markets is that everyone has the wrong answers The solution is not to try to beat the market but to come up with the wrong answers faster The epic tale of the untold story how one man with a great idea decided not to play the market but to revolutionize the financial world for generations to come by creating the most ground breaking tool for market players since the ticker tape.

Author : Robert Bryce
Publisher : PublicAffairs
Page : 401 pages
File Size : 34,44 MB
Release : 2014-05-13
Category : Business & Economics
ISBN : 161039206X

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In the face of today's environmental and economic challenges, doomsayers preach that the only way to stave off disaster is for humans to reverse course: to de-industrialize, re-localize, ban the use of modern energy sources, and forswear prosperity. But in this provocative and optimistic rebuke to the catastrophists, Robert Bryce shows how innovation and the inexorable human desire to make things Smaller Faster Lighter Denser Cheaper is providing consumers with Cheaper and more abundant energy, Faster computing, Lighter vehicles, and myriad other goods. That same desire is fostering unprecedented prosperity, greater liberty, and yes, better environmental protection. Utilizing on-the-ground reporting from Ottawa to Panama City and Pittsburgh to Bakersfield, Bryce shows how we have, for centuries, been pushing for Smaller Faster solutions to our problems. From the vacuum tube, mass-produced fertilizer, and the printing press to mobile phones, nanotech, and advanced drill rigs, Bryce demonstrates how cutting-edge companies and breakthrough technologies have created a world in which people are living longer, freer, healthier, lives than at any time in human history. The push toward Smaller Faster Lighter Denser Cheaper is happening across multiple sectors. Bryce profiles innovative individuals and companies, from long-established ones like Ford and Intel to upstarts like Aquion Energy and Khan Academy. And he zeroes in on the energy industry, proving that the future belongs to the high power density sources that can provide the enormous quantities of energy the world demands. The tools we need to save the planet aren't to be found in the technologies or lifestyles of the past. Nor must we sacrifice prosperity and human progress to ensure our survival. The catastrophists have been wrong since the days of Thomas Malthus. This is the time to embrace the innovators and businesses all over the world who are making things Smaller Faster Lighter Denser Cheaper.

Author :
Publisher :
Page : 428 pages
File Size : 46,67 MB
Release : 1928
Category : Education
ISBN :

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Includes the sections "Educational readings" and "Books to read."

Author : Janet Engle
Publisher : Atlantic Publishing Company
Page : 290 pages
File Size : 23,1 MB
Release : 2008
Category : Education
ISBN : 1601382170

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With many students today participating in extracurricular activities, jobs, clubs, and responsibilities at home, it is common to find an area that is lacking studying. Teachers have identified that poor study skills are often to blame. On the other hand, students have found that many of the textbooks and worksheets forced upon them are either boring or difficult to understand. Whether it is bad habits or complicated materials that prevent you from studying well, this book can help you to improve the effectiveness of your studying. After all, effectiveness is not measured by the length of time spent studying, but by the level of comprehension. In this new book, you will learn how to make a study schedule, how to design an effective study space, how to read for comprehension, how to get organised, how to find your learning style, how to listen better in class, how to use reference sources, how to boost your concentration, and how to stay motivated. You will learn effective note taking strategies, where to study, when to study, time management skills, strategies for reading novels and text books, memorisation techniques, and organisational skills. Additionally, you will find out how to stay awake while studying, how to change your current habits, and how to make studying more enjoyable. We will provide you with various studying methods, including flashcards, quizzes, summarising, outlining, answering study guide questions, and the proven SQ3R method, as well as exercises to help improve your skills. Furthermore, the book is full of tips from students just like you, as well as teachers. No two people learn the same way, and no one study method will work for everyone. While this book introduces you to different study methods, the aim is to improve your learning, your understanding, and, ultimately, your grades.

Author : John Paul Mueller
Publisher : John Wiley & Sons
Page : 435 pages
File Size : 17,10 MB
Release : 2017-04-11
Category : Computers
ISBN : 1119330521

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Discover how algorithms shape and impact our digital world All data, big or small, starts with algorithms. Algorithms are mathematical equations that determine what we see—based on our likes, dislikes, queries, views, interests, relationships, and more—online. They are, in a sense, the electronic gatekeepers to our digital, as well as our physical, world. This book demystifies the subject of algorithms so you can understand how important they are business and scientific decision making. Algorithms for Dummies is a clear and concise primer for everyday people who are interested in algorithms and how they impact our digital lives. Based on the fact that we already live in a world where algorithms are behind most of the technology we use, this book offers eye-opening information on the pervasiveness and importance of this mathematical science—how it plays out in our everyday digestion of news and entertainment, as well as in its influence on our social interactions and consumerism. Readers even learn how to program an algorithm using Python! Become well-versed in the major areas comprising algorithms Examine the incredible history behind algorithms Get familiar with real-world applications of problem-solving procedures Experience hands-on development of an algorithm from start to finish with Python If you have a nagging curiosity about why an ad for that hammock you checked out on Amazon is appearing on your Facebook page, you'll find Algorithm for Dummies to be an enlightening introduction to this integral realm of math, science, and business.

Author : Daniel Kahneman
Publisher : Farrar, Straus and Giroux
Page : 511 pages
File Size : 23,83 MB
Release : 2011-10-25
Category : Psychology
ISBN : 1429969350

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Major New York Times bestseller Winner of the National Academy of Sciences Best Book Award in 2012 Selected by the New York Times Book Review as one of the ten best books of 2011 A Globe and Mail Best Books of the Year 2011 Title One of The Economist's 2011 Books of the Year One of The Wall Street Journal's Best Nonfiction Books of the Year 2011 2013 Presidential Medal of Freedom Recipient Kahneman's work with Amos Tversky is the subject of Michael Lewis's The Undoing Project: A Friendship That Changed Our Minds In his mega bestseller, Thinking, Fast and Slow, Daniel Kahneman, the renowned psychologist and winner of the Nobel Prize in Economics, takes us on a groundbreaking tour of the mind and explains the two systems that drive the way we think. System 1 is fast, intuitive, and emotional; System 2 is slower, more deliberative, and more logical. The impact of overconfidence on corporate strategies, the difficulties of predicting what will make us happy in the future, the profound effect of cognitive biases on everything from playing the stock market to planning our next vacation—each of these can be understood only by knowing how the two systems shape our judgments and decisions. Engaging the reader in a lively conversation about how we think, Kahneman reveals where we can and cannot trust our intuitions and how we can tap into the benefits of slow thinking. He offers practical and enlightening insights into how choices are made in both our business and our personal lives—and how we can use different techniques to guard against the mental glitches that often get us into trouble. Winner of the National Academy of Sciences Best Book Award and the Los Angeles Times Book Prize and selected by The New York Times Book Review as one of the ten best books of 2011, Thinking, Fast and Slow is destined to be a classic.

Author : Stuart Jonathan Russell
Publisher : Penguin Books
Page : 354 pages
File Size : 16,55 MB
Release : 2019
Category : Business & Economics
ISBN : 0525558616

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A leading artificial intelligence researcher lays out a new approach to AI that will enable people to coexist successfully with increasingly intelligent machines.

Author : James Gleick
Publisher : Vintage
Page : 354 pages
File Size : 22,71 MB
Release : 2000-09-05
Category : Technology & Engineering
ISBN : 067977548X

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From the bestselling, National Book Award-nominated author of Genius and Chaos, a bracing new work about the accelerating pace of change in today's world. Most of us suffer some degree of "hurry sickness." a malady that has launched us into the "epoch of the nanosecond," a need-everything-yesterday sphere dominated by cell phones, computers, faxes, and remote controls. Yet for all the hours, minutes, and even seconds being saved, we're still filling our days to the point that we have no time for such basic human activities as eating, sex, and relating to our families. Written with fresh insight and thorough research, Faster is a wise and witty look at a harried world not likely to slow down anytime soon.

Author : Aileen M. Carroll
Publisher : Walch Publishing
Page : 118 pages
File Size : 13,60 MB
Release : 2001
Category : Juvenile Nonfiction
ISBN : 9780825142475

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Uses Howard Gardner's theory of multiple intelligences to accommodate and develop a wide range of learning styles 11 units designed for verbal, logical, visual, kinesthetic, musical, interpersonal, intrapersonal, and naturalist learners Easy-to-use lessons that will enhance students' study skills and habits in any subject area Material that emphasizes self-understanding and growth, across the range of learning styles Additional activities that include role-playing, memorizing, letter writing, team games, and more Materials that is designed to help any student make the most productive use of both classroom and home-study time