The Wrong Answer Faster The Inside Story of Making the Machine that Trades Trillions

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Michael Goodkin, "The Wrong Answer Faster: The Inside Story of Making the Machine that Trades Trillions"
English | ISBN: 1118133404 | 2012 | 326 pages | EPUB | 2 MB
The fascinating story behind the machines that trade trillions of dollars every day

"A Bildungsroman, one jacket blurb calls this book-and sure, it's a traditional coming-of-age tale. But the story itself is anything but conventional. The pleasures of the book lie in the story of their bumpy path to success." Canadian Business
In 1968, Michael Goodkin is about to graduate from Columbia University. While his classmates interview for jobs, he daydreams of seeing the world as a man of independent means. Noticing that there are no computers on Wall Street and drawing on his experiences as a failed teenage investor and successful gambler, he has an epiphany: since no one knows the right price for anything, the only way to beat the market is to make a computer that comes up with the wrong answer faster than the professionals.
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