The Misbehavior of Markets age of darkness

The Misbehavior of Markets age of darknessA groundbreaking mathematician presents a new model for understanding financial markets Benoit B. Mandelbrot is world famous for inventing fractal geometry, making mathematical sense of a fact everybody knows but that geometers from Euclid on down had never assimilated: Clouds are not round, mountains are not cones, coastlines are not smooth. To these insights we can now add another example: Markets are not the safe bet your broker may claim.

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witty humor” (Jennifer L

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Published under a pseudonym

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Bush's America

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