The Misbehavior of Markets

The Misbehavior of Markets

Author: Benoit Mandelbrot

Publisher: Basic Books

ISBN: 0465043577

Category: Mathematics

Page: 368

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Mathematical superstar and inventor of fractal geometry, Benoit Mandelbrot, has spent the past forty years studying the underlying mathematics of space and natural patterns. What many of his followers don't realize is that he has also been watching patterns of market change. In The (Mis)Behavior of Markets, Mandelbrot joins with science journalist and former Wall Street Journal editor Richard L. Hudson to reveal what a fractal view of the world of finance looks like. The result is a revolutionary reevaluation of the standard tools and models of modern financial theory. Markets, we learn, are far riskier than we have wanted to believe. From the gyrations of IBM's stock price and the Dow, to cotton trading, and the dollar-Euro exchange rate--Mandelbrot shows that the world of finance can be understood in more accurate, and volatile, terms than the tired theories of yesteryear.The ability to simplify the complex has made Mandelbrot one of the century's most influential mathematicians. With The (Mis)Behavior of Markets, he puts the tools of higher mathematics into the hands of every person involved with markets, from financial analysts to economists to 401(k) holders. Markets will never be seen as "safe bets" again.
The Misbehavior of Markets
Language: en
Pages: 368
Authors: Benoit Mandelbrot, Richard L. Hudson
Categories: Mathematics
Type: BOOK - Published: 2006-03-07 - Publisher: Basic Books

Mathematical superstar and inventor of fractal geometry, Benoit Mandelbrot, has spent the past forty years studying the underlying mathematics of space and natural patterns. What many of his followers don't realize is that he has also been watching patterns of market change. In The (Mis)Behavior of Markets, Mandelbrot joins with
Misbehavior of Markets
Language: en
Pages: 360
Authors: Benoit B. Mandelbrot, Richard L. Hudson
Categories: Business & Economics
Type: BOOK - Published: 2004-08-03 - Publisher: Basic Books (AZ)

The originator of "fractal geometry" applies his theory to the stock market, revealing the chaos underneath commonly accepted patterns of rise and fall in the market, creating the foundations for a new "science of finance" in the process. 100,000 first printing.
The Misbehavior of Markets
Language: en
Pages: 368
Authors: Benoit Mandelbrot, Richard L Hudson
Categories: Mathematics
Type: BOOK - Published: 2007-03-22 - Publisher: Hachette UK

A 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.
The (Mis)Behaviour of Markets
Language: en
Pages: 326
Authors: Benoit B. Mandelbrot, Richard L. Hudson
Categories: Capital market
Type: BOOK - Published: 2008 - Publisher: Profile Books(GB)

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
Forbes Guide to the Markets
Language: en
Pages: 312
Authors: Forbes LLC, Marc M. Groz
Categories: Business & Economics
Type: BOOK - Published: 2009-08-25 - Publisher: John Wiley & Sons

From the leader in financial information, a fully updated guide to investing in today's markets This accessible book is a practical guide to the financial markets. Designed to help both the new and experienced investor gain sufficient understanding and knowledge to invest wisely and confidently in today's turbulent markets, it