Quants | The Alchemists of Wall Street | VPRO documentary
Why Hacker News recommends it
HN recommends it as an insider-style look at quants and high-frequency trading and their effect on markets.
What it is
A VPRO documentary on quantitative analysts who designed the mathematical models and high-speed trading systems behind modern finance. It features figures such as Paul Wilmott and asks what risks come from treating markets as a machine.
Recommended by 2 HN commenters across 2 different months, 2013 to 2021.
What Hacker News said
Recommends chinmoy · 2013-10 · on “How to Get a Job at a High Frequency Trading Firm”
I'm happy to see this pop up on HN since HFT is something I've been looking into lately. If you're interested to dig deeper into HFT and algorithmic trading, 'Inside the Black Box' will be a good read. Link: www.amazon.com/Inside-Black-Box-Quantitative-Frequency/dp/1118362411 If you want to take your reading further, there are some great recommendations on the review section. And just to get an insider look into quant traders and the effect HFT can have on the market, I also recommend these two short documentaries made by the dutch national TV: 1. Quants: The Alchemists of Wall Street [this video] 2. Money & Speed: Inside the Black Box [LINK]
Recommends kratom_sandwich · 2021-01 · on “Ask HN: Best Resources on (Computational) Finance”
Check out the works of Paul Wilmott, which include textbooks and a magazine of the same name which is (or at least used to be) the most expensive magazine subscription there is. Wikipedia: [LINK] Documentary on "quants" featuring him: [this video] For finance in general, I recommend "Corporate Finance" by Berk & de Marzo or the CFA study material, which is quite accessible (at least for Level 1).
Cites emrehan · 2020-08 · on “Ethereum Is a Dark Forest”
Good point but it won’t stop DeFi’s growth. In my opinion, such risks shouldn’t stop DeFi’s growth neither. Similar risks have been present in conventional finance and economy too. Relevant: [this video] Instead of fearing from the risks we should quantify and analyze them.