"Advances in Financial Machine Learning" (Marcos Lopez de Prado)

"Advances in Financial Machine Learning" by Marcos Lopez de Prado explores how modern machine learning techniques can improve decision-making in finance. It discusses methods to handle complex market data, reduce errors, and avoid overfitting—where a model performs well on past data but poorly on new data. The book emphasizes rigorous testing, robust algorithms, and proper data management to create more reliable trading models. Overall, it bridges cutting-edge machine learning with practical financial application, helping professionals develop smarter, more resilient tools for investment and risk management.