The Physics of Finance: Predicting the Unpredictable: Can Science Beat the Market? by James Owen Weatherall

The Physics of Finance: Predicting the Unpredictable: Can Science Beat the Market? by James Owen Weatherall

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ISBN: 9781780721392

Short Books Ltd l 7 February 2013

Paperback | 288 pages

The Physics of Finance: Predicting the Unpredictable: Can Science Beat the Market? by James Owen Weatherall examines how physicists and mathematicians shaped modern financial theory and Wall Street modelling. After the economic meltdown of 2008, many blamed complex financial instruments and the scientists behind them, but Weatherall investigates whether that narrative is fair. He traces the history of financial modelling from physics-inspired equations to real-world trading systems, showing how these models helped both advance and destabilise modern finance when misunderstood or misapplied.