The Algorithm of Loss
(Act I: The Variable) Julian lived in a world of floating point numbers and binary trees. In the high-frequency trading firm of QuantEdge, he was known as the "Glitch"—the mathematician whose predictions were always slightly off, whose presence in a trade was jokingly said to trigger a flash crash. He was a man of immense talent but zero luck. He lived in a minimalist apartment in Tribeca,...
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