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The Mis Behaviour of Markets Book PDF Summary

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.

Detail Book of The Mis Behaviour of Markets PDF

The  Mis Behaviour of Markets
  • Author : Benoit B. Mandelbrot
  • Release : 01 October 2010
  • Publisher : Profile Books
  • ISBN : 9781847651556
  • Genre : Business & Economics
  • Total Page : 352 pages
  • Language : English
  • PDF File Size : 8,5 Mb

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