The Misbehavior of Markets, (Paperback)

from fliesbath

It's kind of a popular economics/popular science book about fractals and markets.

from RamiFaour

This book offers some key points on fractals, by the pen of it's creator (the person that formalized it into a theory, more correctly), it offers a fruitful introduction to the topic, and what it lacks in rigor, it makes up in relating theory to events in the real world.

from RamiFaour

This book offers some key points on fractals, by the pen of it's creator (the person that formalized it into a theory, more correctly), it offers a fruitful introduction to the topic, and what it lacks in rigor, it makes up in relating theory to events in the real world.

from justindtapp

Mandelbrot is the "father of fractal geometry." He's a mathematician who has spent much of his career looking at prices and markets. He argues pretty forcefully that any of the risk management techniques used by Wall Street are based on false assumptions and have been proven to fail time and agai...

from dvf1976

I understood a lot more of this book than I thought I would... Which is to say, I followed it about 3/4's of the way. The way that markets work don't follow a "Random Walk" model and their changes do not follow a bell curve. If investors believe either of the above two aren't right, then they're ...