Tag Archives: best book

Books for Business best book places for us entrepreneurs, investors or business? Amazon? World’s largest business books site?

Is Toronto’s Books for Business best book places for us entrepreneurs, investors or business? Amazon? World’s largest business books site?

In downtown Toronto on Adelaide, you will find a really cool store called Books for Business. It is quite decent with a huge selection for investors or business people. The physical presence of these kind of books is awesome instead of some crummy dinky selection you find at Chapters or Indigo. It just seems they have some great thick heavy hernia producing text books. I love those. Hahaha. Anyhow, check them out. Little book stores like this need our support. Amazon rules but so do smaller indie book stores like this.

http://ca.booksforbusiness.com/contact/

World’s largest business books?

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Need to learn Linux or UNIX? Get UNIX Unleashed is the easily the best book for quants in Linux

Need to learn Linux or UNIX? Get UNIX Unleashed is the easily the best book for quants in Linux

My version of this book is pretty old. It is the third edition but I have noticed that there are two more books from this original. According to Amazon, there is a fourth edition paper back which seems more geared to software development and the other is a hardback for administrators. The third edition is very old which might be dated somewhat as it does not include things like web services, and other modern components.

As it stands, this third edition I got is from 1998 but it is still one of the best ways to learn about core technologies found in Linux, HP-UX,AIX, or Solaris. These are still used throughout the quant world in large investment banks and even bulge bracket shops. So don’t think that the age of this edition is no good. I have seen many jobs from open source prop shops that require heavy usage of Perl, awk, etc. It even has decent section on C and C++. These are dated technologies from the world of Linux or Unix, but they are used throughout industry. You definitely need to have these skills if you want to go places.

Fortunately this book covers all those core technologies where you cannot learn elsewhere. It is very technical but very easily absorb. I also find this book could become a bible in understanding how Unix is set up with their account type, directory structure, named pipes etc, These are so important if you decide to venture into this line of work. There is a great topic on primitive kernel tuning. I have not seen any resource as detailed as this.

The fortunate/unfortunate aspect of this is that UNIX does not age too quickly as compared to Microsoft Windows or .NET technologies. Either way, you can do no wrong in getting this book. I would encourage those to find the third edition of this one. Don’t waste your time in any other books if you really need to learn about UNIX admin, networking, or development.

http://www.flipkart.com/unix-unleashed-robin-burk-salim-book-0672314118

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

What are the best book for quant algo traders and those starting out in it?

What are the best book for quant algo traders and those starting out in it?

These were reference from Linked In as usual.
Hans Róbert Hlynsson • Execution: http://www.amazon.com/Algorithmic-Trading-DMA-introduction-strategies/dp/0956399207/

Infrastructure: http://www.amazon.com/Inside-Black-Box-Quantitative-Trading/dp/0470432063/

Conceptualization and herding concerns: http://www.amazon.com/Chasing-Same-Signals-Black-Box-Influences/dp/0470824883/
• Ernie Chan, “Quantitative Trading: How to Build Your Own Algorithmic Trading Business” published by Wiley
http://astore.amazon.com/algortradifor-20/detail/0956399207
A great resource from:
http://www.thetradenews.com/trade-handbooks
Some say that Barry Johnson’s book is excellent while Ernie Chan’s is great for beginners. Obvisouly those advanced in the trade think Ernie Chan’s is crap.
Barry Johnson put the reference of Tom Middleton (X-Citi Quant Head – Europe) , I was one of the lucky guy who came across the actual implementations of his strategies. I can not reveal any secret of it ( reason is obvious)
However I can give you the reference of his contribution in this book (http://www.thetradenews.com/trade-handbooks ), the 2005 edition is free. He has contributed couple of chapters in that book

Some opinion on investment banks vs prop shops.
a) Agency Flow – Sell side firms offer couple of strategies (VWAP/TWAP/MOC/IS blah blah) to Mutual funds / Pension funds/ Institutional investors

All the major banks are in this war to get maximum client flow and earn the commission out of it.

B) Prop Trading – I am not expert but I think all the prop traders maintain their portfolio and design some kind of mathematic model to maintain that (Portfolio Analytics).

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!