The Misbehavior of Markets
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A Fractal View of Financial Turbulence
| 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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- Language
- English
- Type
- Paper Book
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A Fractal View of Financial Turbulence