MAFFIA - The Mathematical Investor [Resources] by math-trail

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· @math-trail · (edited)
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MAFFIA - The Mathematical Investor [Resources]
The [Mathematical Investor](http://www.financial-math.org/blog/), aka Mathematicians Against Fraudulent Financial and Investment Advice (MAFFIA), is a blog, a collection of essays and research papers on financial mathematics.

<center>http://i.imgur.com/dVAYnhm.jpg</center>

>This site was created out of growing concern with the usage of less-than-fully rigorous mathematical and statistical methodologies in the financial/investment world. [...] Indeed, such statistical errors are likely the primary reason that investment strategies which look good on paper often fall flat in practice.

It's a fairly detailled and also rather caustic look at the world of quants, pseudo-quants and (occasionally) a genuine mathematician. Indeed, a very funny recent article takes a swipe at [pseudo-quants](http://www.financial-math.org/blog/2017/05/pseudo-quants/) for their inability to tell a real trend from noise. Just as a resonator can pick up a frequency from white noise, so pseudo-quants fabricate pseudo-patterns that eventually lead to entropic investment strategies. (Hey! I can write this stuff too!)

Enjoy!
👍  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 99 others
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@math-trail ·
Sorry, messed up the title! had to edit.
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