The Misbehavior of Markets : A Fractal View of Financial Turbulence Brookings Press It is electricity
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It is electricity
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The Misbehavior of Markets : A Fractal View of Financial Turbulence Brookings Press It is electricityA groundbreaking mathematician presents a new model for understanding financial marketsBenoit 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 Clouds are not round, mountains are not cones, coastlines are not smooth. To these insights we can now add another Markets are not the safe bet your broker may claim. Mandelbrot, with co author
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