The (Mis)Behaviour of Markets : A Fractal View of Risk, Ruin and Reward EPUB
by Mandelbrot Benoit B. Mandelbrot, Hudson Richard L. Hudson
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This international bestseller, which foreshadowed a market crash, explains why it could happen again if we don't act now.
Fractal geometry is the mathematics of roughness: how to reduce the outline of a jagged leaf or static in a computer connection to a few simple mathematical properties.
With his fractal tools, Mandelbrot has got to the bottom of how financial markets really work.
He finds they have a shifting sense of time and wild behaviour that makes them volatile, dangerous - and beautiful.
In his models, the complex gyrations of the FTSE 100 and exchange rates can be reduced to straightforward formulae that yield a much more accurate description of the risks involved.
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- Format:EPUB
- Publisher:Profile
- Publication Date:01/10/2010
- Category:
- ISBN:9781847651556
Information
-
Download Now
- Format:EPUB
- Publisher:Profile
- Publication Date:01/10/2010
- Category:
- ISBN:9781847651556