https://111qqz.com/en/tags/%E9%87%8F%E5%8C%96%E4%BA%A4%E6%98%93/Recent content in 量化交易 on 111qqz's blogHugo -- gohugo.ioenhust.111qqz@gmail.com (111qqz)hust.111qqz@gmail.com (111qqz)© 2011-2026 111qqzMon, 14 Sep 2026 21:30:00 +0800https://111qqz.com/en/post/%E9%87%91%E8%9E%8D/2026-09-14-quant-trading-is-a-system/Mon, 14 Sep 2026 21:30:00 +0800hust.111qqz@gmail.com (111qqz)https://111qqz.com/en/post/%E9%87%91%E8%9E%8D/2026-09-14-quant-trading-is-a-system/<h2 class="relative group">从一个让我愣住的问题说起 <div id="从一个让我愣住的问题说起" class="anchor"></div> <span class="absolute top-0 w-6 transition-opacity opacity-0 -start-6 not-prose group-hover:opacity-100 select-none"> <a class="text-primary-300 dark:text-neutral-700 !no-underline" href="#%e4%bb%8e%e4%b8%80%e4%b8%aa%e8%ae%a9%e6%88%91%e6%84%a3%e4%bd%8f%e7%9a%84%e9%97%ae%e9%a2%98%e8%af%b4%e8%b5%b7" aria-label="Anchor">#</a> </span> </h2> <p>2024 年我读过 Rishi K. Narang 的《打开量化投资的黑箱》（Inside the Black Box）。这篇不打算写书评，只提一件事：这本书给了我一张量化交易系统的地图，它把一个典型系统拆成几个组成部分——Alpha Model、Risk Model、Transaction Cost Model、Portfolio Construction Model、Execution Model，底下还有 Data 和 Research。</p>