<< 1 >>
Rating: 
Summary: A Good Read!
Review: Author Stephen R. Waite is a Wall Street veteran, but despite its title Quantum Investing is not about investing (the few investor-oriented tips are at the end of each chapter and at the book's conclusion). Rather, it is a futurist manifesto, an infectious, heady hodgepodge of science textbook and thought experiment, which reads like a sequel to Future Shock. Waite takes you on a whirlwind tour of quantum theory, which has enabled astounding technological advances (note the glossary of physics terms and the timeline of relevant scientific developments). He assesses the accounting industry as hopelessly out-of-date when it comes to valuing intangible assets, and offers a thought-provoking discussion of the stock market, chaos theory and complex systems. You'll probably be skeptical of - but intrigued by - the discoveries he predicts for the twenty-first century. We from getAbstract recommend this to executives who are interested in a big-picture treatment of the economic evolution, or who are science (or science-fiction) buffs.
Rating: 
Summary: Seeing Into the Quantum Future
Review: Quantum Investing provides investors a road map for understanding the impact of innovations in science and technology on businesses. It's a must-read for those looking for an eloquent and cogent synthesis of the forces of quantum physics, complexity science and intellectual assets on the business world.
Steve Waite builds a very strong case for the expectation that these forces will combine to unleash a powerful wave of innovation that will wash over nearly all parts of our scoiety. Though the tech bubble has burst in the stock market, it is important to recognize that we have only begun to benefit from recent advances in science and technology. Steve Waite makes it very clear that the real power of recent advances lies in how they combine to drive faster and faster rates of innovation and improvements in productivity. Having better tools enables us not only to do more with less but also to create even better tools. This virtuous cycle is just getting its footing as we begin to taste the benefits of consilience.
The stock market may be down over the short-term, but Steve Waite shows that it will rise again on the shoulders of scientific breakthroughs that will reshape our world.
Rating:
Summary: Investors Must be Cognizant
Review: Science is taking society on a magical trip that has tremendous consequences in the way that we plan our futures. Investors to be successful must prepare their trading day by first being cognizant of the drastic changes that science is providing us everyday. A technological breakthrough may mean that the stock that you highly value today becomes the stock that you are ashamed of tomorrow. Quantum Investing is an incredible asset to own as you change over your investing philosophy to one that mindful of the power of science over our lives. Stephen Waite's writing style is smooth and easy I eagerly recommend this book. Rick Torres
Rating: 
Summary: Quite disappointed. Not an investment book at all.
Review: Though the authors emphasized that the purpose of the book was to pursue what Munger of Bershire Hathaway preached about the "lattice of models" approach to investing that successful investors should read as much as he could on as many diverse subjects as possible, and that development in Quantum physics would bring 2/3 of the existing 30 DJI stocks out of their places in the index in less than 2 decades. this book was far too repetitive and clumsy in elaborating the same idea of the importance of Quantum Physics. The amateur knowledge and so so writing skill of the authors would drive nearly half of the readers to confusion because they would still have close to nothing clue about Quantum Physics, whilst those who know Quantum Physics would be bored to coma. Perhaps the best part of the book was the definition they quoted from Feynman, that it was the description of the behaviour of matter and light in all its details and, in particular, of the happenings on an atomic scale. Besides that, the whole book read like a product of copy and paste here and there from science journals more than anything else. Despite the above, the authors were clever at choosing the right facts and figures. Some astounding items include:- 1. The only original DJI stock left behind after a century was General Electric.
2. In 1989, Intel launched i486, a chip that features 1.2 million transistors. In 2001, Intel launched P4 which contains 43 million transistors.
3. In 1997, IBM installed Deep Blue. It could evaluate 200 million chess positions per second, and defeated the world chess champion Gary Kasparov. In 2001, IBM installed ASCI White, which is 1000 times faster than Deep Blue. In short, this book is far from what the title projects to say. Little is talked about investment at all. The authors could have written a much better book with much fewer words. To make it better, the authors should have written much more on how complexity theory, a branch in Quantum Physics could really help market and investment analysis.
<< 1 >>
| 
