Inside the Black Box (3rd Edition)

A Simple Guide to Systematic Investing

By: Rishi K. Narang

Narrated by: Michael Kirby

Master the basics and intricacies of quant and high-frequency trading with the latest edition of this accessible and widely-enjoyed guide

In 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 research

- Newer and more effective approaches to portfolio optimization

- The frontiers of quantitative investing

PLEASE NOTE: When you purchase this title, the accompanying PDF will be available in your Audible Library along with the audio.

©2024 Rishi K. Narang (P)2024 Ascent Audio

Very high level

No details, could probably be compressed several times. Overall, decent bedtime read rather than something educational.