The Physics of Wall Street: A Brief History of Predicting the Unpredictable

The Physics of Wall Street is a groundbreaking book that reveals the untold story of how physicists have revolutionized finance, from options pricing to bubbles.

This book takes readers on a fascinating journey through history, from fin-de-siècle Paris to Rat Pack–era Las Vegas, and shows how physicists successfully brought their science to bear on some of the thorniest problems in economics.

The crisis of 2008 was not just a failure of mathematical modeling but also a failure of sophisticated financial institutions to think like physicists.

This book reveals the people and ideas on the cusp of a new era in finance, including a geophysicist using a model designed for earthquakes to predict a massive stock market crash and a physicist-run hedge fund earning 2,478.6% over the course of the 1990s.

The Physics of Wall Street will change how we think about our economic future and is a must-read for anyone interested in understanding the complex world of finance.