The Misbehavior Of Markets: A Fractal View Of Financial Turbulence,New Chen In This Work

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The Misbehavior Of Markets: A Fractal View Of Financial Turbulence,New Chen In This WorkA Groundbreaking Mathematician Presents A New Model For Understanding Financial Marketsbenoit B. Mandelbrot Is Worldfamous 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.