The (Mis) Behaviour Of Markets: A Fractal View Of Risk, Ruin And Reward Cover Image

About the Author: Benoît B. Mandelbrot

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.


The (Mis) Behaviour Of Markets: A Fractal View Of Risk, Ruin And Reward Cover Image

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Paperback, Published in Apr 2009 by Profile Books(GB)

ISBN10: 1846682622 | ISBN13: 9781846682629

Page count: 326

Put simply, fractal geometry makes the complex simple. In this book the authors apply fractal geometry to the workings of financial markets. They show how stock prices, indexes, trading & exchange rates can be reduced to straightforward formulae that yield an accurate description of risk. This new edition includes material on the current market crisis, calling for an end to the tunnel vision of our bankers whose over-confidence in their understanding of markets ended in catastrophe. Benoit Mandelbrot is Sterling Professor of Mathematical Sciences at Yale University. Richard L. Hudson is a former managing editor of Wall Street Journal Europe.

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