Read The (Mis)Behaviour of Markets: A Fractal View of Risk, Ruin and Reward by Benoît B. Mandelbrot Free Online


Ebook The (Mis)Behaviour of Markets: A Fractal View of Risk, Ruin and Reward by Benoît B. Mandelbrot read! Book Title: The (Mis)Behaviour of Markets: A Fractal View of Risk, Ruin and Reward
Language: English
Format files: PDF
The size of the: 32.58 MB
City - Country: No data
The author of the book: Benoît B. Mandelbrot
Edition: Profile Books
Date of issue: November 6th 2008
ISBN: 1846682622
ISBN 13: 9781846682629
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Reader ratings: 3.2

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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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Ebook The (Mis)Behaviour of Markets: A Fractal View of Risk, Ruin and Reward read Online! Benoît B. Mandelbrot was a French mathematician, best known as the father of fractal geometry. He was Sterling Professor of Mathematical Sciences, Emeritus at Yale University; IBM Fellow Emeritus at the Thomas J. Watson Research Center; and Battelle Fellow at the Pacific Northwest National Laboratory. He was born in Poland, but his family moved to France when he was a child; he was a dual French and American citizen and was educated in France.


Reviews of the The (Mis)Behaviour of Markets: A Fractal View of Risk, Ruin and Reward


KAI

A wonderful book, like all the works of this author.

MATILDA

Compelling book!

BEATRICE

Interesting read for true fans




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