The Crisis of Crowding

The Crisis of Crowding

Quant Copycats, Ugly Models, and the New Crash Normal

Book - 2012
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"The financial markets are dangerously over-crowded. Investors follow popular trends or latch onto profitable new strategies with herd-like single-mindedness, and an increasingly globalized and interconnected world has only exacerbated the problem. [The author] explores how the dramatic overcrowding we've seen over the last quarter century has yielded terrifying results, including the 2008 financial crisis that continues to reverberate around the globe"--Jacket flap.
Publisher: Hoboken, N.J. : Bloomberg Press, c2012.
ISBN: 9781118250020
1118250028
Characteristics: xxvii, 478 p. : ill. ; 24 cm.

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