Tim Ferriss
Charlie Munger
Sam Altman
Read by Tim Ferriss, Charlie Munger, Sam Altman and 22 others
The (Mis)Behavior of Markets
A Fractal View of Risk, Ruin, and Reward
by Benoit B. Mandelbrot, Richard L. Hudson · 2004 · 328 pages
Recommended by 1 elite
4.1 (6K ratings)
Recommended by 1 Elite
Nassim Nicholas Taleb
About This Book
A mathematician and the father of fractal geometry challenges the core assumptions of modern financial theory, arguing that markets are far riskier than traditional models suggest. Using fractal tools, the authors demonstrate that price swings follow power laws and cluster in 'wild randomness' rather than a normal bell curve distribution.
Book Details
Published
2004
Pages
328
Language
en
ISBN
9780465043552
Awards & Recognition
getAbstract International Book Award (2004)
Audiobook Available
10h 6m
Narrated by Jason Olazabal
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Recommended by Nassim Nicholas Taleb