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

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

Richard L. Hudson Benoit Mandelbrot

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Description:From the world-famous inventor of fractal geometry, a revolutionary new theory that turns on its head our understanding of how markets work. Fractal geometry is the mathematics of roughness: how to reduce the outline of a jagged leaf, a rocky coastline or static in a computer connection to a few simple mathematical properties - to make the complex simple. With his fractal tools, Benoit Mandelbrot has got to the bottom of how financial markets really work. He finds they have a shifting sense of time, a unique dimension and a wild kind of behaviour that makes them volatile, dangerous - and also beautiful. In Mandelbrot's fractal models, the complex gyrations of IBM's stock price, the FTSE 100, cotton trading and exchange rates can be reduced to straightforward formulae that yield a much more accurate description of the risks involved.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with The (Mis)Behaviour of Markets : A Fractal View of Risk, Ruin and Reward. To get started finding The (Mis)Behaviour of Markets : A Fractal View of Risk, Ruin and Reward, you are right to find our website which has a comprehensive collection of manuals listed.
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ISBN: 1861977905

Description: From the world-famous inventor of fractal geometry, a revolutionary new theory that turns on its head our understanding of how markets work. Fractal geometry is the mathematics of roughness: how to reduce the outline of a jagged leaf, a rocky coastline or static in a computer connection to a few simple mathematical properties - to make the complex simple. With his fractal tools, Benoit Mandelbrot has got to the bottom of how financial markets really work. He finds they have a shifting sense of time, a unique dimension and a wild kind of behaviour that makes them volatile, dangerous - and also beautiful. In Mandelbrot's fractal models, the complex gyrations of IBM's stock price, the FTSE 100, cotton trading and exchange rates can be reduced to straightforward formulae that yield a much more accurate description of the risks involved.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with The (Mis)Behaviour of Markets : A Fractal View of Risk, Ruin and Reward. To get started finding The (Mis)Behaviour of Markets : A Fractal View of Risk, Ruin and Reward, you are right to find our website which has a comprehensive collection of manuals listed.
Our library is the biggest of these that have literally hundreds of thousands of different products represented.

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

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

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