Book Description
Fischer Black and the Revolutionary Idea of Finance explores Fischer Black’s intellectual journey from Harvard to the offices of ADL, from the University of Chicago to MIT, and then to Goldman Sachs. Years of research and interviews with Black’s business and academic associates, as well as family and friends, are distilled into a scholarly yet personal story of the formation and development of the extraordinary mind and unique character of this unassuming renegade. This poignant book tells the story of one man’s intellectual adventure at the very center of modern finance. It is a story about the birth of quantitative finance and financial engineering. It is also the story about the continuing human quest to defeat the "dark forces of time and ignorance," as John Maynard Keynes famously put it.
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This vignette-based business biography captures the essence of an extraordinary man and a giant in the world of finance. After years of research and cooperation from nearly all of Black's associates, family members, and friends, author Mehrling explains the ground-breaking impact Fischer Black had on money, finance, and the world markets. You'll follow Black from his undergraduate studies in physics, mathematics, and computer programming to one of the most elite of firms on Wall Street, where he developed quantitative models that are still widely used today. Fischer Black and the Revolutionary Idea of Finance demystifies this genius and provides an engaging look at a man whose life's work encapsulates modern financial theory. Order your copy today.
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