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Copy Link: https://sitellon-emas.blogspot.com/?axis=B004PYDBEO Book Synopsis : 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. To these insights we can now add another example: Markets are not the safe bet your broker may claim. Mandelbrot, with co-author Richard L. 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 financier in the world--simply does not work. He uses fractal geometry to propose a new, more accurate way of describing market behavior. From the gyrations of the Dow to the dollar-euro exchange rate, Mandlebrot shows how to understand the volatility of markets in far more accurate terms than the failed theories that have repeatedly brought the financial system to the brink of disaster. The result is no less than the foundation for a new science of finance.   Product details ASIN ‏ : ‎ B004PYDBEO Publisher ‏ : ‎ Basic Books (March 22, 2007) Publication date ‏ : ‎ March 22, 2007 Language ‏ : ‎ English File size ‏ : ‎ 2421 KB Text-to-Speech ‏ : ‎ Enabled Screen Reader ‏ : ‎ Supported Enhanced typesetting ‏ : ‎ Enab

Copy Link: https://sitellon-emas.blogspot.com/?axis=B004PYDBEO

Book Synopsis :
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. To these insights we can now add another example: Markets are not the safe bet your broker may claim.

Mandelbrot, with co-author Richard L. 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 financier in the world--simply does not work. He uses fractal geometry to propose a new, more accurate way of describing market behavior. From the gyrations of the Dow to the dollar-euro exchange rate, Mandlebrot shows how to understand the volatility of markets in far more accurate terms than the failed theories that have repeatedly brought the financial system to the brink of disaster. The result is no less than the foundation for a new science of finance.
 

Product details
ASIN ‏ : ‎ B004PYDBEO
Publisher ‏ : ‎ Basic Books (March 22, 2007)
Publication date ‏ : ‎ March 22, 2007
Language ‏ : ‎ English
File size ‏ : ‎ 2421 KB
Text-to-Speech ‏ : ‎ Enabled
Screen Reader ‏ : ‎ Supported
Enhanced typesetting ‏ : ‎ Enab

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The Misbehavior of Markets: A Fractal View of

Financial Turbulence by Benoit Mandelbrot


|Richard L Hudson Format: Kindle Edition

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DOWNLOAD THIS BOOK

Product details

ASIN : B004PYDBEO

Publisher : Basic Books (March 22, 2007)

Publication date : March 22, 2007

Language : English

File size : 2421 KB

Text-to-Speech : Enabled

Screen Reader : Supported

Enhanced typesetting : Enabled

X-Ray : Not Enabled

Word Wise : Enabled

Print length : 429 pages

Lending : Not Enabled

Best Sellers Rank: #86,868 in Kindle Store (See Top 100 in Kindle Store)

#10 in Fractal Mathematics

#13 in Statistics Economics

#23 in Corporate Finance (Kindle Store)

Customer Reviews:

4.6 out of 5 stars 686 ratings

Description :


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. To these insights we can now add

another example: Markets are not the safe bet your broker may claim.

Mandelbrot, with co-author Richard L. 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 financier in

the world--simply does not work. He uses fractal geometry to propose a new,

more accurate way of describing market behavior. From the gyrations of the

Dow to the dollar-euro exchange rate, Mandlebrot shows how to understand

the volatility of markets in far more accurate terms than the failed theories

that have repeatedly brought the financial system to the brink of disaster. The

result is no less than the foundation for a new science of finance.

COPY LINK IN DESCRIPTION TO DOWNLOAD THIS BOOK

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