#3,402 in Business & money books
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Reddit mentions of Adaptive Markets: Financial Evolution at the Speed of Thought

Sentiment score: 1
Reddit mentions: 4

We found 4 Reddit mentions of Adaptive Markets: Financial Evolution at the Speed of Thought. Here are the top ones.

Adaptive Markets: Financial Evolution at the Speed of Thought
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    Features:
  • University Press Group Ltd
Specs:
Height9.5 Inches
Length6.5 Inches
Number of items1
Release dateMay 2017
Weight1.81219979364 Pounds
Width1.25 Inches

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Found 4 comments on Adaptive Markets: Financial Evolution at the Speed of Thought:

u/zebulo · 8 pointsr/finance

I would check out Paul de Grauwe's lectures. A good history on Behavioural Finance, including pioneers and specific papers, can be found in Richard Thaler's Misbehaving. Andrew Lo's Adaptive Markets is the most recent book for specifically markets. But all these books on markets tend to discuss the same anecdotes from Kahnemann and Tversky, without giving much thought to applicable models. De Gauwe's book on the other hand offers some ready-made code for matlab even.

u/curtains · 6 pointsr/FinancialCareers

I would keep it. Studying biology teaches you to approach problem solving from a rational, scientific perspective. That method of approaching markets will be useful. Plus, if you believe Andrew Lo, markets are adaptive much like biology. He just wrote a compelling book called Adaptive Markets. Perhaps you should read it to help you decide. https://www.amazon.com/Adaptive-Markets-Financial-Evolution-Thought/dp/0691135142

u/pjaylan · 3 pointsr/wallstreetbets

I actually read a tremendous book Adaptive Markets by Andrew Lo and one of the chapters discusses game theory and other prominent trading strategies. Basically, if enough people believe TA works, then there will be millions of trades at those important levels because of those people. All of a sudden TA really works because those people are having an influence on the market price of a particular stock when they see a triangle form.

The sad news is once people catch onto a particular strategy you get a smaller and smaller slice of the pie as people move to that strategy. To combat this, play with margin so your numbers can stay high even if your slice of the pie is smaller. And then at the end of the day the house of cards falls and we start over