understanding tools for analyzing data
I have never had any official training in Python and I am sure there are many other developers out there like me who came from a different language and easily picked up Python on their own. A very intuitive way of learning a new language is by using them to solve real world problems one …
Continue reading “Book Review: Head First Python by Paul Berry”
One of the first few books that I read about asset management firms and hedge funds was Inside the Black Box (Review | Amazon) by Rishi Narang. It was a great high level book which covered all the different components of a hedge fund such as market data, backtester, order management system, risk models, portfolio …
Continue reading “Book Review: Efficiently Inefficient by Lasse Heje Pedersen”
Note: You can now subscribe to my blog updates here to receive latest updates. If you had asked me to discuss bonds on the first day of my first job, I would have probably started talking about ionic or covalent bonds that I had learnt in my high school chemistry class. I knew close to …
Continue reading “Book Review: The WSJ Complete Money and Investing Guidebook”
Every day, I work on a platform that captures intraday and end-of-day tick data from multiple exchanges. Some of them are very popular like NYSE and NASDAQ but they themselves have several different feeds such as NYSE ARCA, NYSE MKT and NASDAQ TOTALVIEW-ITCH. Then, there are some other ones that are not as popular but …
Continue reading “Book Review: Dark Pools by Scott Patterson”
For anyone working in the financial industry, the events that unfolded in 2007/2008 were nothing but extraordinary. During that time, I had just started my first semester in college and barely knew anything about the financial industry. Every day, I would catch the express train and read about another bank either being acquired or going …
Continue reading “Book Review: Too Big To Fail by Andrew Ross Sorkin”
I remember what a big deal Flash Boys (amazon) was when it was released in 2014. Everyone I knew was talking about it (I was working at an investment bank back then). I am two years late but I finally finished reading it and have to say, it’s a really interesting book. There is no denying that …
Regardless of which industry you are employed in, it’s always a good idea to know the background and history of that industry. The Quants by Scott Patterson is one such book which covers the origins of quantitative trading through the lives of some of most famous quant researchers. The book focuses on the story of Ed …
I stumbled upon this book called Fooled by randomness: The hidden role of chance in life and in markets and decided to give it a shot. As the title suggests, the book is about the role of randomness in our life and in markets. The book is written by Nassim Nicholas Taleb who is a trader and …
Ever since I made the switch from investment bank to hedge fund, my interest in quantitative trading and hedge funds has grown tremendously. At my new firm, there is barely any discretionary trading (almost none). All positions are based on some quantitative model that has been extensively tested prior to going live. To get myself …