The (Mis)Behaviour of Markets: A Fractal View of Risk, Ruin and Reward

Author: Benoit B. Mandelbrot Format: Paperback Number of Pages: 352 Benoit Mandelbrot, father of fractal geometry, revolutionised our understanding of the models of modern financial theory. 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. Fractal geometry is the mathematics of roughness: how to reduce the outline of a jagged leaf or static in a computer connection to...Read more