The Misbehavior of Markets: A Fractal View of Risk, Ruin, and Reward

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The Misbehavior of Markets: A Fractal View of Risk, Ruin, and Reward - Mandelbrot, Benoit B, and Hudson, Richard L
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In his first book for a general audience, Mandelbrot, with co-author Hudson, shows how the dominant way of thinking about the behavior of markets--a set of mathematical assumptions a century old and still learned by every MBA and financer in the world--simply does not work.

The Misbehavior of Markets: A Fractal View of Risk, Ruin, and Reward 2004, Basic Books, New York, NY

ISBN-13: 9780465043552

Hardcover

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