Inside the Black Box: A Simple Guide to Systematic Investing (Wiley Finance)

Inside the Black Box: A Simple Guide to Systematic Investing (Wiley Finance)
by: Rishi K. Narang (Author)
Publisher: Wiley
Edition: 3rd
Publication Date: 2024/7/11
Language: English
Print Length: 368 pages
ISBN-10: 1119931894
ISBN-13: 9781119931898
Book Description
Master the basics and intricacies of quant and high-frequency trading with the latest edition of this accessible and widely-read guideIn the newly revised third edition of Inside the Black Box: A Simple Guide to Systematic Investing, veteran practitioner and investor Rishi K Narang delivers another insightful discussion of how quantitative and algorithmic trading strategies work in non-mathematical terms. As with prior editions, this third edition is full of timeless concepts and timely updates. Supplemented by compelling anecdotes and real-world stories, the book explains the most relevant developments in the discipline since the publication of the second edition in 2013. You'll find out about the explosion in machine learning for alphas, signal mixing, data extraction, and execution, as well as the proliferation of alt data and a discussion of how to use it appropriately. You'll also discover: Updated discussions of approaches to researchNewer and more effective approaches to portfolio optimizationThe frontiers of quantitative investingAn essential and accessible treatment of a complicated and of-the-moment topic, Inside the Black Box remains the gold standard for non-mathematicians seeking to understand the ins and outs of one of the most fascinating and lucrative trading strategies, as well as quants from disciplines outside of finance looking for a conceptual framework on which to build profitable systematic trading strategies.
About the Author
Master the basics and intricacies of quant and high-frequency trading with the latest edition of this accessible and widely-read guideIn the newly revised third edition of Inside the Black Box: A Simple Guide to Systematic Investing, veteran practitioner and investor Rishi K Narang delivers another insightful discussion of how quantitative and algorithmic trading strategies work in non-mathematical terms. As with prior editions, this third edition is full of timeless concepts and timely updates. Supplemented by compelling anecdotes and real-world stories, the book explains the most relevant developments in the discipline since the publication of the second edition in 2013. You'll find out about the explosion in machine learning for alphas, signal mixing, data extraction, and execution, as well as the proliferation of alt data and a discussion of how to use it appropriately. You'll also discover: Updated discussions of approaches to researchNewer and more effective approaches to portfolio optimizationThe frontiers of quantitative investingAn essential and accessible treatment of a complicated and of-the-moment topic, Inside the Black Box remains the gold standard for non-mathematicians seeking to understand the ins and outs of one of the most fascinating and lucrative trading strategies, as well as quants from disciplines outside of finance looking for a conceptual framework on which to build profitable systematic trading strategies. Read more