The (Mis)Behaviour of Prices : A Fractal View of Risk, Ruin and Reward
Mandelbrot, Benoit B.; Hudson Richard L.
ISBN 10: 1861977654 ISBN 13: 9781861977656
Published by Profile Books LTD, 2004
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From the world-famous inventor of fractal geometry, a revolutionary new theory that turns on its head our understanding of how markets work. Fractal geometry is the mathematics of roughness: how to reduce the outline of a jagged leaf, a rocky coastline or static in a computer connection to a few simple mathematical properties - to make the complex simple. With his fractal tools, Benoit Mandelbrot has got to the bottom of how financial markets really work. He finds they have a shifting sense of time, a unique dimension and a wild kind of behaviour that makes them volatile, dangerous - and also beautiful. In Mandelbrot's fractal models, the complex gyrations of IBM's stock price, the FTSE 100, cotton trading and exchange rates can be reduced to straightforward formulae that yield a much more accurate description of the risks involved.
About the Author: Richard L. Hudson is a former managing editor of Wall Street Journal Europe.
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Title: The (Mis)Behaviour of Prices : A Fractal ...
Publisher: Profile Books LTD
Publication Date: 2004
Binding: Hardcover
Condition: Very Good
Dust Jacket Condition: 16365759
Signed: 2/14/2025 12:22:34 PM
Edition: 1739535754.
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The (mis)Behaviour of Markets: A Fractal View of Risk, Ruin and Reward
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Profile Books Ltd, United Kingdom, London, 2004
ISBN 10: 1861977654
ISBN 13: 9781861977656
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Paperback. Condition: Good. From the world-famous inventor of fractal geometry, a revolutionary new theory that turns on its head our understanding of how markets work. Fractal geometry is the mathematics of roughness: how to reduce the outline of a jagged leaf, a rocky coastline or static in a computer connection to a few simple mathematical properties - to make the complex simple. With his fractal tools, Benoit Mandelbrot has got to the bottom of how financial markets really work. He finds they have a shifting sense of time, a unique dimension and a wild kind of behaviour that makes them volatile, dangerous - and also beautiful. In Mandelbrot's fractal models, the complex gyrations of IBM's stock price, the FTSE 100, cotton trading and exchange rates can be reduced to straightforward formulae that yield a much more accurate description of the risks involved. The book has been read but remains in clean condition. All pages are intact and the cover is intact. Some minor wear to the spine. Seller Inventory # GOR005025777
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The (mis)Behaviour of Markets: A Fractal View of Risk, Ruin and Reward
Published by
Profile Books Ltd, United Kingdom, London, 2004
ISBN 10: 1861977654
ISBN 13: 9781861977656
Used
Paperback
Seller: WorldofBooks, Goring-By-Sea, WS, United Kingdom
Seller rating 5 out of 5 stars
Paperback. Condition: Very Good. From the world-famous inventor of fractal geometry, a revolutionary new theory that turns on its head our understanding of how markets work. Fractal geometry is the mathematics of roughness: how to reduce the outline of a jagged leaf, a rocky coastline or static in a computer connection to a few simple mathematical properties - to make the complex simple. With his fractal tools, Benoit Mandelbrot has got to the bottom of how financial markets really work. He finds they have a shifting sense of time, a unique dimension and a wild kind of behaviour that makes them volatile, dangerous - and also beautiful. In Mandelbrot's fractal models, the complex gyrations of IBM's stock price, the FTSE 100, cotton trading and exchange rates can be reduced to straightforward formulae that yield a much more accurate description of the risks involved. The book has been read, but is in excellent condition. Pages are intact and not marred by notes or highlighting. The spine remains undamaged. Seller Inventory # GOR001597354
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The (mis)Behaviour of Prices: A Fractal View of Risk, Ruin, and Reward
Published by
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ISBN 10: 1861977654
ISBN 13: 9781861977656
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The (Mis) Behaviour of Markets: A Fraactaal View of Risk, Ruin and Reward
Published by
Profile Books LTD, London, 2004
ISBN 10: 1861977654
ISBN 13: 9781861977656
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Hardcover. Condition: Very Good. Dust Jacket Condition: Very Good Jacket. First Edition. 328pp. Tips and spine ends are bumped and rubbed. Top edge of rear board is bumped. Edges of jacket have creases. Jacket has heavy scratches. Text is unmarked. Seller Inventory # 33355