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Old 11-27-2007, 10:47 AM
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petekoch petekoch is offline
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Re: The (Mis)behavior of Markets - Mandelbrot

Quote:
Originally Posted by raphbaph View Post
Great Book!
If you like what you're reading and don't mind some math read
Edgar E. Peters Chaos and Order in the capital markets.

There goes MPT for ya.
I truly enjoyed (Mis)behavior. I can't point to one thing that will help my investing, except knowing that Black Swans (or fat tails) are more common than advertised. Fractals, though, are terribly interesting.

According to Mandelbrot, the math for financial fractals hasn't been done yet and is a long way off (40 years??).
Hey, I'm patient and I plan to live forever. So far, so good.

(Thanks to Steven Wright for that one).

Just returned from the library. The Peters book isn't in the system. Rats!
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