Elie Ayache: 2 books

Book cover of The Blank Swan

The Blank Swan

The End of Probability

by Elie Ayache
Language: English
Release Date: May 5, 2010

October 19th 1987 was a day of huge change for the global finance industry. On this day the stock market crashed, the Nobel Prize winning Black-Scholes formula failed and volatility smiles were born, and on this day Elie Ayache began his career, on the trading floor of the French Futures and Options...
Book cover of The Medium of Contingency

The Medium of Contingency

An Inverse View of the Market

by Elie Ayache
Language: English
Release Date: June 15, 2016

In The Medium of Contingency Elie Ayache builds upon his ground-breaking book The Blank Swan, in exploring the intersection of philosophy and finance, introducing new notions of price and market. Inverting the received view, he now sees a creation of matter in both the market and its metaphysics,...
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