About this title: Mathematical superstar and inventor of fractal geometry, Benoit Mandelbrot, has spent the past forty years studying the underlying mathematics of space and natural patterns. What many of his followers don't realize is that he has also been watching patterns of market change. In The (Mis)Behavior of Markets, Mandelbrot joins with science journalist and former Wall Street Journal editor Richard L. Hudson to reveal what a fractal view of the world of finance looks like. The result is a revolutionary reevaluation of the standard tools and models of modern financial theory. Markets, we learn, ...
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Description: New. 0465043577 SATISFACTION GUARANTEED! NEW Book! May have remainder mark. Most orders ship within 1 BUSINESS DAY with ORDER CONFIRMATION. Great Book at a Great Value! read more
Description: Fine. No dust jacket as issued. No spine creasing, stamps or marks. No highlighting, underlining or notes. Mild edge wear includes tiny bump at lower front cover corner. Trade paperback (US). Glued binding. 328 p. Contains: Illustrations. Audience: General/trade. read more
Binding: Paperback
Publisher: Basic Books
Date Published: 2006-03-06
ISBN-13:9780465043576ISBN:0465043577
Description: Like New. A great book in like new condition. We provide USPS confirmmation tracking and email when we ship. We want your complete satisfaction. read more
Description: Very good. No dust jacket as issued. No spine creasing, stamps or marks. No highlighting, underlining or notes. Mild edge wear includes tiny bump at lower front cover corner. Trade paperback (US). Glued binding. 328 p. Contains: Illustrations. Audience: General/trade. read more
Description: Very good. No dust jacket as issued. No spine creasing, stamps or marks. No highlighting, underlining or notes. Mild edge wear includes tiny bump at lower front cover corner. Trade paperback (US). Glued binding. 328 p. Contains: Illustrations. Audience: General/trade. read more
Binding: Softcover
Publisher: Basic Books
Date Published: 2006-03-06
ISBN-13:9780465043576ISBN:0465043577
Description: NEW. Softcover. From an inventory that is 100% brand-new, 100% direct from the publishers' distribution channel. We carry NO pre-owned, NO remaindered. We pack in CARDBOARD to ensure the pristine quality is maintained. (Bubble-wrap alone is NOT sufficient to protect from USPS equipment. ) Guaranteed brand-NEW, protected with CARDBOARD, your satisfaction is guaranteed. BKLUVID: 9780465043576. read more
Binding: Paperback
Publisher: Basic Books
Date Published: 2006
ISBN-13:9780465043576ISBN:0465043577
Description: New. Brand New! Buy with confidence-your satisfaction is guaranteed at B-Logistics! Due to the large scale of our operation, we do not have access to the specific contents/condition of our items. Please note that Expedited shipping is not available at this time. read more
"I enjoyed his challenge of typical market theory and learning the new math. But like so many books, they are 10x better at criticizing what exists than actually proposing a successful alternative."
"This book has three characters in it: -Benoit Mandelbrot, author -The Market, the protagonist/antagonist/chorus as per Greek drama -Benoit Mandelbrot's ego
Maybe it's a side effect of some incident as a child but the author has no reservations about promoting himself. Whole paragraphs are devoted to his "enlightened breakthroughs" and profound understanding of market mechanics. An understanding so deep he proposes no significant market model and merely a direction.
He stands as the most cited author in the book and many of the references by other authors are sources that largely cite him.
Anyone with a whiff of exposure to authors who lambaste the GARCH and GCF will be familiar with the arguments waged here and there is little reason to read it unless you want to supplicate totally to the church of Mandelbrot. The one area that was interesting was the description of the Cauchy distribution and "long memory". The former a distribution with no finite mean or variance and the latter a phenomenon where correlation is exhibited over long (centuries) periods of time.
I can't stand self-aggrandizing authors, yet I made it through the book. I don't know if that's merely my weakness as a completist or a testament to the author's otherwise clarion writing."
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