By: Marcos López de Prado
Format: 400 pages, Kindle Edition
Learn to understand and implement the latest machine learning innovations to improve your investmen…
Want to Read $ 33.00"Many investment managers believe that the secret to riches is to implement an extremely complex ML algorithm. They are setting themselves up for a disappointment. If it was as easy as coding a state-of-the-art classifier, most people in Silicon Valley would be billionaires."-Marcos López de Prado, Advances in Financial Machine Learning
"Dollar bars are formed by sampling an observation every time a pre-defined market value is exchanged. Of course, the reference to dollars is meant to apply to the currency in which the security is denominated, but nobody refers to euro bars, pound bars, or yen bars (although gold bars would make for a fun pun)."-Marcos López de Prado, Advances in Financial Machine Learning
"Econometrics is the application of classical statistical methods to economic and financial series. The essential tool of econometrics is multivariate linear regression, an 18th-century technology that was already mastered by Gauss before 1794. Standard econometric models do not learn. It is hard to believe that something as complex as 21st-century finance could be grasped by something as simple as inverting a covariance matrix."-Marcos López de Prado, Advances in Financial Machine Learning
"Supervised learning algorithms typically require stationary features. The reason is that we need to map a previously unseen (unlabeled) observation to a collection of labeled examples, and infer from them the label of that new observation. If the features are not stationary, we cannot map the new observation to a large number of known examples. But stationary does not ensure predictive power. Stationarity is a necessary, non-sufficient condition for the high performance of an ML algorithm. The problem is, there is a trade-off between stationarity and memory. We can always make a series more stationary through differentiation, but it will be at the cost of erasing some memory, which will defeat the forecasting purpose of the ML algorithm."-Marcos López de Prado, Advances in Financial Machine Learning
If you liked the business plot in Advances in Financial Machine Learning by Marcos López de Prado , here is a list of 16 books like this:
By: William Poundstone
Format: 386 pages, Paperback
In 1956 two Bell Labs scientists discovered the scientific formula for getting rich. One was mathem… read more
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"The best on horses you think will lose are a valuable "insurance policy." When rare disaster strikes, you'll be glad you had the insurance. 71 The exponential growth of wealth in the Kelly system is …"-William Poundstone, Fortune's Formula: The Untold Story of the Scientific Betting System That Beat the Casinos and Wall Street
By: Nick Bostrom
Format: 192 pages, Hardcover
Superintelligence asks the questions: What happens when machines surpass humans in general intellig… read more
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By: Epictetus , Sharon Lebell
Format: None pages,
Epictetus was born into slavery about 55 C.E. in the eastern outreaches of the Roman Empire. Sold a… read more
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By: None
Format: None pages, Hardcover
An ex-Wall Street trader improved on Moneyball's famed sabermetrics to place bets that would beat t… read more
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By: Mihály Csíkszentmihályi
Format: 31 pages, Paperback
The world's foremost producer of personal development and motivational audio programs gives you the… read more
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By: James Montier
Format: 240 pages, Hardcover
A detailed guide to overcoming the most frequently encountered psychological pitfalls of investing … read more
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"Groups have powerful self-reinforcing mechanisms at work. These can lead to group polarization—a tendency for members of the group to end up in a more extreme position than they started in because th…"-James Montier, The Little Book of Behavioral Investing: How not to be your own worst enemy
"This focus on the short term is hard to reconcile with any fundamental view of investing. We can examine the drivers of equity returns to see what we need to understand in order to invest. At a one-y…"-James Montier, The Little Book of Behavioral Investing: How not to be your own worst enemy
By: Eric Schmidt , Jonathan Rosenberg
Format: 349 pages,
Both Eric Schmidt and Jonathan Rosenberg came to Google as seasoned Silicon Valley business executi… read more
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By: Brian Christian , Tom Griffiths
Format: None pages, Hardcover
A fascinating exploration of how insights from computer algorithms can be applied to our everyday l… read more
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By: Charles T. Munger , None
Format: 512 pages, Hardcover
EXPANDED THIRD EDITION includes Charlie's 2007 USC Law School Commencement address. Edited by Peter… read more
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"What are the secret of success? -one word answer :"rational"-Charles T. Munger, Poor Charlie's Almanack: The Wit and Wisdom of Charles T. Munger
"The best armour of old age is a well spent life preceding it."-Charles T. Munger, Poor Charlie's Almanack: The Wit and Wisdom of Charles T. Munger
"The best armour of old age is a well spent life perfecting it."-Charles T. Munger, Poor Charlie's Almanack: The Wit and Wisdom of Charles T. Munger
"How to find a good spouse? -the best single way is to deserve a good spouse."-Charles T. Munger, Poor Charlie's Almanack: The Wit and Wisdom of Charles T. Munger
By: Robert J. Shiller
Format: 360 pages, Hardcover
The reputation of the financial industry could hardly be worse than it is today in the painful afte… read more
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By: Robert C. Martin
Format: 224 pages, Paperback
Even bad code can function. But if code isn t clean, it can bring a development organization to its… read more
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By: Nassim Nicholas Taleb
Format: 363 pages, Paperback
Fooled by Randomness is a standalone book in Nassim Nicholas Taleb's landmark Incerto series, an in… read more
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By: Nassim Nicholas Taleb
Format: 272 pages, Hardcover
Written by a leading options trader and derivatives risk advisor to global banks and exchanges, thi… read more
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By: Annie Duke
Format: 288 pages, Hardcover
In Super Bowl XLIX, Seahawks coach Pete Carroll made one of the most controversial calls in footbal… read more
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By: Tom Hougaard
Format: 264 pages, Paperback
Best Loser Wins is an intimate insight into one of the most prolific high-stake retail traders in t… read more
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By: Shane Parrish
Format: 284 pages, Kindle Edition
AN INSTANT NEW YORK TIMES BESTSELLERFew things will change your trajectory in life or business as m… read more
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"Our desire to feel right overpowers our desire to be right."-Shane Parrish, Clear Thinking: Turning Ordinary Moments into Extraordinary Results
"The social rewards for going with the crowd are felt long before the benefits of going against it are gained."-Shane Parrish, Clear Thinking: Turning Ordinary Moments into Extraordinary Results
"Most people go through life assuming that we’re right about everything all the time and that people who don’t see things our way are wrong. We mistake how we want the world to be with how it actually…"-Shane Parrish, Clear Thinking: Turning Ordinary Moments into Extraordinary Results
By: Javier Blas
Format: 320 pages, Paperback
Meet the traders who supply the world with oil, metal and food - no matter how corrupt, war-torn or… read more
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"Little noticed and little scrutinised, the commodity traders have become essential cogs in the modern economy. Without them, petrol stations would run out of fuel, factories would grind to a halt and…"-Javier Blas, The World for Sale: Money, Power and the Traders Who Barter the Earth’s Resources
"Most of us take for granted the ease with which we can fill up our cars, buy a new smartphone or order a cup of Colombian coffee. But underpinning almost all of our consumption is a frenetic internat…"-Javier Blas, The World for Sale: Money, Power and the Traders Who Barter the Earth’s Resources
By: Gregory Zuckerman
Format: 359 pages, Paperback
Gregory Zuckerman, the bestselling author of The Greatest Trade Ever and The Frackers, answers the … read more
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By: Rob Copeland
Format: 352 pages, Hardcover
The unauthorized, unvarnished story of famed Wall Street hedge-fund manager Ray Dalio. Ray Dalio… read more
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By: Ray Dalio
Format: 456 pages, Kindle Edition
On the 10th anniversary of the 2008 financial crisis, one of the world's most successful investors,… read more
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By: Billy Walters
Format: 384 pages, Hardcover
NEW YORK TIMES BESTSELLER * “An insightful read…Walters is a larger-than-life character.” — Sports … read more
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By: Joe Reis
Format: 426 pages, Paperback
Data engineering has grown rapidly in the past decade, leaving many software engineers, data scient… read more
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By: John Brockman
Format: 320 pages, Hardcover
Science world luminary John Brockman assembles twenty-five of the most important scientific minds, … read more
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By: Marcos López de Prado
Format: 400 pages, Kindle Edition
Learn to understand and implement the latest machine learning innovations to improve your investmen… read more
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"Many investment managers believe that the secret to riches is to implement an extremely complex ML algorithm. They are setting themselves up for a disappointment. If it was as easy as coding a state-…"-Marcos López de Prado, Advances in Financial Machine Learning
"Dollar bars are formed by sampling an observation every time a pre-defined market value is exchanged. Of course, the reference to dollars is meant to apply to the currency in which the security is de…"-Marcos López de Prado, Advances in Financial Machine Learning
"Econometrics is the application of classical statistical methods to economic and financial series. The essential tool of econometrics is multivariate linear regression, an 18th-century technology tha…"-Marcos López de Prado, Advances in Financial Machine Learning
"Supervised learning algorithms typically require stationary features. The reason is that we need to map a previously unseen (unlabeled) observation to a collection of labeled examples, and infer from…"-Marcos López de Prado, Advances in Financial Machine Learning
By: Adam S. Iqbal
Format: 262 pages, Kindle Edition
One of the great challenges that many participants in foreign exchange (FX) markets face is sifting… read more
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By: Adam S Iqbal
Format: 208 pages, Hardcover
Gain a deep, intuitive and technical understanding of practical options theory The main challenges … read more
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By: Igor Tulchinsky
Format: 331 pages, Kindle Edition
Design more successful trading systems with this practical guide to identifying alphas Finding Alph… read more
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By: Giuseepe Paleologo
Format: 208 pages, Hardcover
You have great investment ideas. If you turn them into highly profitable portfolios, this book is f… read more
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By: John C. Hull
Format: 624 pages, Hardcover
A reader-friendly book with an abundance of numerical and real-life examples. Based on Hull's Opti… read more
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