Pricing the future: How we value derivatives

Our Weekly Read column features Fortune staffers’ and contributors’ takes on recently published books about the business world and beyond. We’ve invited the entire Fortune family — from our writers and editors to our photo editors and designers — to weigh in on books of their choosing based on their individual tastes or curiosities. In this installment, senior editor-at-large Geoff Colvin reviews Pricing the Future: Finance, Physics, and the 300-Year Journey to the Black-Scholes Equation, George G. Szpiro’s account of how derivatives get priced.