Book Review: Neural Networks in Finance
Mark Rzepczynski reviews Neural Networks in Finance: Gaining Predictive Edge in the Markets in the January/February 2007 issue of the Financial Analysts Journal. He says “Any effective book on this topic should address the criticisms and display how the technique can be resurrected to solve forecasting problems. Even with this high hurdle, author Paul D. McNelis, of Fordham University, does an excellent job.”
Rzepczynski describes the book as short and dense, and likely to prove a difficult read for those not already versed in econometric methods. Nonetheless, he describes it as ideal for those who desire the clearest presentation of the technique and who want to gain a predictive edge.
For more information, see all articles on: Book Reviews See also:
The Intelligent Investor: The Classic Text on Value Investing
Financial Statement Analysis: A Practitioner's Guide, 3rd Edition
Managing Investment Portfolios: A Dynamic Process (CFA Institute Investment Series)
