Discover the ins and outs of designing predictive trading modelsDrawing on the expertise of WorldQuant’s global network, this new edition of Finding Alphas: A Quantitative Approach to Building Trading Strategies contains significant changes and updates to the original material, with new and updated data and examples.Nine chapters have been added about alphas – models used to make predictions regarding the prices of financial instruments. The new ch...

Learn from a master of quantitative finance the rules that made him a success.The UnRules presents the dynamic rules for success in the age of exponential information. Written by Igor Tulchinsky, the trader behind global quantitative investment management firm WorldQuant, this book is more than just another Big Data guide for financial wonks — it’s a prescriptive, inspirational book for everyone navigating the tidal waves of the information age. Data is ev...

The power of the ever-increasing tools and algorithms for prediction and their paradoxical effects on risk.The Age of Prediction is about two powerful, and symbiotic, trends: the rapid development and use of artificial intelligence and big data to enhance prediction, as well as the often paradoxical effects of these better predictions on our understanding of risk and the ways we live. Beginning with dramatic advances in quantitative investing and precision...

Learn from a master of quantitative finance the rules that made him a success.The UnRules presents the dynamic rules for success in the age of exponential information. Written by Igor Tulchinsky, the trader behind global quantitative investment management firm WorldQuant, this book is more than just another Big Data guide for financial wonks—it's a prescriptive, inspirational book for everyone navigating the tidal waves of the information age. Data is ever...

The human brain has some capabilities that the brains of other animals lack. It is to these distinctive capabilities that our species owes its dominant position. Other animals have stronger muscles or sharper claws, but we have cleverer brains. If machine brains one day come to surpass human brains in general intelligence, then this new superintelligence could become very powerful. As the fate of the gorillas now depends more on us humans than on the gorillas themselves, so the fate of our...

In this urgent and “thrillingly written” book, there is a case and solution for humanity’s last shot at survival (Sunday Times).**Humanity’s future is at risk. We face existential catastrophes, climate change, nuclear war, and more. If we do not act fast to reach a place of safety, it will soon be too late.Drawing on over a decade of research, The Precipice explores the cutting-edge science behind the risks we face. And it points the way ...

'Startling in scope and bravado.' The New York TimesA radical and optimistic view of the future course of human development from the bestselling author of How to Create a Mind and who Bill Gates calls 'the best person I know at predicting the future of artificial intelligence.'For over three decades, Ray Kurzweil has been one of the most respected and provocative advocates of the role of technology in our future. In his classic The Age...

“This Will Change Everything offers seemingly radical but actually feasible ideas with the potential to change the world.”—Jared Diamond, Pulitzer Prize-winning author of Guns, Germs, and SteelEditor John Brockman continues in the same vein as his popular compilations What Are You Optimistic About and What Have You Changed Your Mind About with This Will Change Everything. Brockman asks 150 intellectual superstars “what game-changing scientific ideas and developments do you expect t...

Drawing from the horizons of science, today's leading thinkers reveal the hidden threats nobody is talking about—and expose the false fears everyone else is distracted by.What should we be worried about? That is the question John Brockman, publisher of Edge.org ("The world's smartest website"—The Guardian), posed to the planet's most influential minds. He asked them to disclose something that, for scientific reasons, worries them—particularly scenarios that aren't on the popular ra...

A fascinating, practical guide to making better decisions with our money, health and personal lives from Gerd Gigerenzer, the author of Reckoning with Risk.Risk-taking is essential for innovation, fun, and the courage to face the uncertainties in life. Yet for many important decisions, we're often presented with statistics and probabilities that we don't really understand and we inevitably rely on experts in the relevant fields - policy makers, financial advisors, doctors ...

"Empowering and thoroughly researched, this book offers useful contemporary analysis and possible solutions to one of the greatest threats to democracy." — Kirkus ReviewsEditors' choice, The New York Times Book ReviewRecommended reading, Scientific AmericanWhy should we care about having true beliefs? And why do demonstrably false beliefs persist and spread despite bad, even fatal, consequenc...

New insights from the science of scienceFacts change all the time. Smoking has gone from doctor recommended to deadly. We used to think the Earth was the center of the universe and that the brontosaurus was a real dinosaur. In short, what we know about the world is constantly changing.Samuel Arbesman shows us how knowledge in most fields evolves systematically and predictably, and how this evolution unfolds in a fascinating way that can have a powerful impa...