{"id":311,"date":"2012-05-16T20:15:52","date_gmt":"2012-05-17T00:15:52","guid":{"rendered":"http:\/\/markkirkwood.com\/?p=311"},"modified":"2012-05-17T11:02:51","modified_gmt":"2012-05-17T15:02:51","slug":"some-good-reads","status":"publish","type":"post","link":"https:\/\/blog.markkirkwood.com\/?p=311","title":{"rendered":"Some good reads&#8230;"},"content":{"rendered":"<p>On the heels of JPM&#8217;s $2 bil. [3\/17\u2014now $3 bil.] &#8220;hedge&#8221; snafu (It was a directional bet\/trade, not a &#8220;hedge,&#8221; by the way&#8230;), I am reminded of two very good reads regarding situations such as these. The two books are:<\/p>\n<ol>\n<li><em><strong><a title=\"The Black Swan\" href=\"https:\/\/en.wikipedia.org\/wiki\/The_Black_Swan_(Taleb_book)\">The Black Swan<\/a><\/strong><\/em><\/li>\n<li><em><strong><a title=\"The Quants\" href=\"http:\/\/www.scottpattersonreports.com\/book\/\">The Quants<\/a><\/strong><\/em><\/li>\n<\/ol>\n<p>If you are interested in Wall Street, and the JPM situation&#8230;, you will enjoy reading both books; as both background and as &#8220;net-new&#8221; information&#8230;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On the heels of JPM&#8217;s $2 bil. [3\/17\u2014now $3 bil.] &#8220;hedge&#8221; snafu (It was a directional bet\/trade, not a &#8220;hedge,&#8221; by the way&#8230;), I am reminded of two very good reads regarding situations such as these. The two books are: The Black Swan The Quants If you are interested in Wall Street, and the JPM [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[1],"tags":[7],"class_list":["post-311","post","type-post","status-publish","format-standard","hentry","category-uncategorized","tag-books"],"_links":{"self":[{"href":"https:\/\/blog.markkirkwood.com\/index.php?rest_route=\/wp\/v2\/posts\/311","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.markkirkwood.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.markkirkwood.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.markkirkwood.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.markkirkwood.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=311"}],"version-history":[{"count":0,"href":"https:\/\/blog.markkirkwood.com\/index.php?rest_route=\/wp\/v2\/posts\/311\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.markkirkwood.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=311"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.markkirkwood.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=311"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.markkirkwood.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=311"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}