The author explains exceptionally well the Efficient Market Hypothesis and the debate surrounding it. Technical analysis according to him should be renamed trend analysis, as it consists in graphing and extrapolating current stock price trends. Your recently viewed items and featured recommendations In A Mathematician Plays the Stock Market best-selling author John Allen Paulos demonstrates what the tools of mathematics can tell us about the vagaries of the stock market. He simply did not apply any mathematical methods, or any method for that matter, during his compulsive purchase of WorldComm shares. By John Allen Paulos. Includes bibliographical references and index. Start by marking “A Mathematician Plays The Stock Market” as Want to Read: The game theory examples quoted were very apt and reasoning is also good.Easily digestible, but a guide to mathematical finance it ain't.An entertaining introduction to the mathematics of the stock market. In A Mathematician Plays the Stock Market best-selling author John Allen Paulos demonstrates what the tools of mathematics can tell us about the vagaries of the stock market. Through the use of thought experiments, he attempts to re-wire the readers to comprehend the true nature of randomness, which is more ordered than most people's expectations. The section on technical analysis is particularly poor, as his arguments were rather superficial, and amounted to simply saying technical analysts have not provided convincing prove - he does not feel he needs to go any further. If you've been in the market and want to try to understand some of the craziness that results this is a good book for it. Prof. Paulos does a wonderful job of debunking many of the misconceptions about investing in a humorous and understandable way.
Your recently viewed items and featured recommendations Trading Stocks - A Mathematician Plays The Stock Market - J A Paulos (Basic Books) - 2003 The major reason I liked this book was that I got to learn about a lot of rival--and antithetical--theories of the stock market and how to make (and lose) money on it. But those who do will not find illumination in the disordered paragraphs Paulos provides.Or further, where he could have scored a major contribution on the lively topic of investors' obsession with quarterly earnings estimates, Paulos makes the limp assertion that "probably companies sometimes 'back in' to their earnings. 2.
Stock exchanges—Mathematical models. So anyone hoping for case studies would be let down. Prime members enjoy FREE Delivery and exclusive access to music, movies, TV shows, original audio series, and Kindle books. Find helpful customer reviews and review ratings for A Mathematician Plays the Market at Amazon.com. The contradiction on the efficient market theory was very enlightening. Amazon calculates a product’s star ratings based on a machine learned model instead of a raw data average. The writer was able to break down all the money making methods (technical analysis, financial analysis, decimal vs. fraction, etc.) A broad survey at novice level of main ideas in math-financial markets; almost no direct mathReviewed in the United States on September 19, 2015This is a non-technical first introduction-sort of survey of many big ideas that are told for understanding the behavior of assets, markets and investors. This book could very easily be used as a text book for most standard Security Analysis courses, and do a better job of teaching the subject matter The author takes a bit of a survey approach in discussing the various ways and methods used in forecasting and/or valuing stocks. Goodreads helps you keep track of books you want to read. Takes a look of the stock market from a I find Paulos to be very readable, if not incredibly well organized. Well, I bought this on a whim. Select your address Welcome back. With WorldCom as his centerpiece, he paints Bernard Ebbers simply as one of the single-minded predators inevitably found in the corporate jungle, their ilk omnipresent and dangerous.But in his haste to catch the times, Paulos has a book hastily written and under-edited. What is confusing to me, is that he rejects technical analysis despite giving a marvellous introduction, and goes on to explain how and why technical patterns form, as well as admitting throughout the book that the psychology of the market is what moves prices - one of several core principles of technical analysis.
Really neat book! Can a renowned mathematician successfully outwit the stock market? Disabling it will result in some disabled or missing features. After viewing product detail pages, look here to find an easy way to navigate back to pages you are interested in.After viewing product detail pages, look here to find an easy way to navigate back to pages you are interested in. It is wrapped into the author's story of some truly primitive mistakes on the way to losing on an investment in WorldCom in the dot-bomb bust.Bad news is not that mathematical; good news no formulas!A broad survey at novice level of main ideas in math-financial markets; almost no direct mathReviewed in the United States on September 19, 2015
Your recently viewed items and featured recommendations Trading Stocks - A Mathematician Plays The Stock Market - J A Paulos (Basic Books) - 2003 The major reason I liked this book was that I got to learn about a lot of rival--and antithetical--theories of the stock market and how to make (and lose) money on it. But those who do will not find illumination in the disordered paragraphs Paulos provides.Or further, where he could have scored a major contribution on the lively topic of investors' obsession with quarterly earnings estimates, Paulos makes the limp assertion that "probably companies sometimes 'back in' to their earnings. 2.
Stock exchanges—Mathematical models. So anyone hoping for case studies would be let down. Prime members enjoy FREE Delivery and exclusive access to music, movies, TV shows, original audio series, and Kindle books. Find helpful customer reviews and review ratings for A Mathematician Plays the Market at Amazon.com. The contradiction on the efficient market theory was very enlightening. Amazon calculates a product’s star ratings based on a machine learned model instead of a raw data average. The writer was able to break down all the money making methods (technical analysis, financial analysis, decimal vs. fraction, etc.) A broad survey at novice level of main ideas in math-financial markets; almost no direct mathReviewed in the United States on September 19, 2015This is a non-technical first introduction-sort of survey of many big ideas that are told for understanding the behavior of assets, markets and investors. This book could very easily be used as a text book for most standard Security Analysis courses, and do a better job of teaching the subject matter The author takes a bit of a survey approach in discussing the various ways and methods used in forecasting and/or valuing stocks. Goodreads helps you keep track of books you want to read. Takes a look of the stock market from a I find Paulos to be very readable, if not incredibly well organized. Well, I bought this on a whim. Select your address Welcome back. With WorldCom as his centerpiece, he paints Bernard Ebbers simply as one of the single-minded predators inevitably found in the corporate jungle, their ilk omnipresent and dangerous.But in his haste to catch the times, Paulos has a book hastily written and under-edited. What is confusing to me, is that he rejects technical analysis despite giving a marvellous introduction, and goes on to explain how and why technical patterns form, as well as admitting throughout the book that the psychology of the market is what moves prices - one of several core principles of technical analysis.
Really neat book! Can a renowned mathematician successfully outwit the stock market? Disabling it will result in some disabled or missing features. After viewing product detail pages, look here to find an easy way to navigate back to pages you are interested in.After viewing product detail pages, look here to find an easy way to navigate back to pages you are interested in. It is wrapped into the author's story of some truly primitive mistakes on the way to losing on an investment in WorldCom in the dot-bomb bust.Bad news is not that mathematical; good news no formulas!A broad survey at novice level of main ideas in math-financial markets; almost no direct mathReviewed in the United States on September 19, 2015