Benoit Mandelbrot
What’s inside
This book explores the unpredictability of financial markets, criticizing traditional financial theories while introducing fractal geometry as a tool for understanding market behavior.
You’ll Learn
- Understanding complex market dynamics
- Challenging traditional financial assumptions
- Learning about fractal analysis in finance
- Gaining insight into risk management strategies
Key Points
- Critique of Modern Portfolio Theory
- Limits of the Efficient Market Hypothesis
- Introduction to Fractal Geometry
- Mandelbrot’s Multifractal Model of Asset Returns
- Case Studies of Financial Turbulence
- Implications for Risk Management
- Recommendations for Revised Market Models
Who’s it For
- Economists
- Financial analysts
- Investors
- Mathematicians
- Students of finance
About the author
Benoit Mandelbrot was a revolutionary mathematician, known for developing the theory of fractal geometry and its applications.