icneu
2025/10/23
5 / 5
This is an excellent book, likely to become a standard reference for quant investing. It starts with foundational topics such as returns modeling and factor analysis and procedes to practical areas such as portfolio optimization and performance attribution. It's accessible to students with undergrad-level math, but has enough novel information that it will be valuable to experts as well. The main chapters are entertaining and easy to read considering the technical subject matter, but each chapter also has an appendix with the underlying math and proofs that will be valuable if you're going deep on a topic.
I've worked in fundamental and quant investing for 20 years and have rarely found a book like this which combine academic rigor with a practical approach.
