The Quants

In March 2006, some of the world’s top hedge fund managers and financial experts gathered for a high-stakes poker tournament, symbolizing the rise of a new wave of quantitative traders—known as quants—who relied on advanced mathematics and technology to dominate the markets. These brilliant minds revolutionized the financial industry, building a digitized trading system capable of shifting billions with ease. However, this technological and mathematical innovation also laid the groundwork for one of the most significant financial crises in history.