Wednesday, November 12, 2008

Excess and the bull...

Micheal Lewis who wrote the book Liar's Poker recently wrote this interesting article: "The end of Wall Street's Boom" based on his experiences at Wall St. Note that there is profanity in it.

As an aside he also wrote the book Moneyball: The art of winning an unfair game that provides an interesting insight into the use of statistical information in baseball recruiting to aid in the selection of undervalued players and avoiding overvalued players (much like what we are seeking to understand in a market setting with quantitative analysis).

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