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Fischer Black and the Revolutionary Idea of Finance

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( 154 ratings, 8 reviews)
Book Hero Magic crafted this summary to help describe this book. While it's new and still learning, it may not be perfect - your feedback is welcome! Summary
Fischer Black and the Revolutionary Idea of Finance by Perry Mehrling and Aaron Brown explores the life and ideas of Fischer Black, a pivotal figure in the world of finance. The book delves into Black's unconventional theories and influential work, which transformed financial markets and risk management. It provides insights into his contributions to the development of the Black-Scholes formula and examines how his innovative thinking reshaped modern finance.
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Format: Paperback / softback
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Book Hero Magic created this recommendation. While it's new and still learning, it may not be perfect - your feedback is welcome! IS THIS YOUR NEXT READ?

This book may appeal to you if you're fascinated by groundbreaking financial theories and the individuals behind them. It offers an engaging exploration of Fischer Black's innovative ideas, blending finance, history, and biography to provide insights into modern financial markets. Ideal for anyone interested in the evolution of financial thought and its real-world applications.

Book Hero thinking about your next read

The definitive story of Fischer Black, one of the greatest financial minds of all time Besides revolutionizing finance with the Black-Scholes option pricing model, Fischer Black forever changed Wall Street by developing what is now known as quantitative finance.

Book Hero Magic formatted this description to make it easier to read. While it's new and still learning, it may not be perfect - your feedback is welcome! Description

praise for Fischer Black and the Revolutionary Idea of Finance

"The story of Fischer Black... is remarkable both because of the creativity of the man and because of the revolution he brought to Wall Street. Mehrling's book is fascinating."
—FINANCIAL TIMES

"A fascinating history of things we take for granted in our everyday financial lives."
—THE NEW YORK TIMES

"Mehrling's book is essential reading for anyone interested in the development of modern finance or the life of an idiosyncratic creative genius."
—PUBLISHERS WEEKLY

"Fischer Black was more than a vital force in the development of finance theory. He was also a character. Perry Mehrling has captured both sides of the picture: the evolution of thinking about the pricing of risk and time, as well as the thinkers, especially this fascinating eccentric, who worked it out."
—ROBERT M. SOWLO, Nobel laureate and Institute Professor of Economics, Emeritus, Massachusetts Institute of Technology

"Although I worked closely with Fischer for nine years at Goldman Sachs and clearly recognised both his genius and the breadth and originality of his ideas, until I read this book, I had only the vaguest grasp of the source of his inspiration and no understanding at all of the source of his many idiosyncrasies."
—BOB LITTERMAN, Partner, Kepos Capital

"Perry Mehrling has done a remarkable job of tracing the intellectual and personal development of one of the most original and complex thinkers of our generation. Fischer Black deserved it: a charming and brilliant book about a charming and brilliant man."
—ROBERT E. LUCAS JR., Nobel laureate and Professor of Economics, The University of Chicago

Book Hero Magic summarised reviews for this book. While it's new and still learning, it may not be perfect - your feedback is welcome! HOW HAS THIS BEEN REVIEWED?

Fischer Black and the Revolutionary Idea of Finance is praised for offering an insightful look into the life and work of Fischer Black, a pivotal figure in financial economics. Reviews commend the book for its thorough research and the way it captures Black's influence on modern finance, particularly through his role in developing the Black-Scholes model. It is noted for making complex financial concepts accessible to a wide audience, appealing to both academics and finance enthusiasts.

Book Hero reading reviews

Book Details

INFORMATION

ISBN: 9781118203569

Publisher: John Wiley & Sons Inc

Format: Paperback / softback

Date Published: 27 January 2012

Country: United States

Imprint: John Wiley & Sons Inc

Audience: General / adult

DIMENSIONS

Spine width: 28.0mm

Width: 154.0mm

Height: 230.0mm

Weight: 485g

Pages: 400

About the Author

Perry Mehrling is Professor of Economics at Barnard College of Columbia University. He holds a PhD from Harvard University and is the author of The Money Interest and the Public Interest: American Monetary Thought, 1920-1970 , and The New Lombard Street: How the Fed became the Dealer of Last Resort . Dr. Mehrling's specialty is the study of financial theory and the history of economics.

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