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The cover of The (Mis)Behavior of Markets: A Fractal View of Financial Turbulence

The (Mis)Behavior of Markets: A Fractal View of Financial Turbulence

See why extreme market moves occur more often than standard models predict, and how fractal thinking describes volatility without promising reliable price forecasts.

15 parts, about 30 minutes to read.

At a glance

Author
Benoît B. Mandelbrot, Richard L. Hudson
Parts
15 parts
Reading time
about 30 minutes
The whole book
Also to read in full

What the summary covers

  1. Prelude: Introducing a Maverick in Science1 min
  2. Risk, Ruin, and Reward2 min
  3. By the Toss of a Coin or the Flight of an Arrow?2 min
  4. Bachelier and His Legacy2 min
  5. The House of Modern Finance2 min
  6. The Case Against the Modern Theory of Finance3 min
  7. Turbulent markets: a preview1 min
  8. Studies in roughness: a fractal primer2 min
  9. A fractal gallery1 min
  10. The mystery of cotton2 min
  11. Long memory, from the Nile to the marketplace2 min
  12. Noah, Joseph, and market bubbles2 min
  13. The multifractal nature of trading time2 min
  14. Ten Heresies of Finance4 min
  15. In the Lab2 min

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