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____/ Doug Mentohl on Tuesday 03 March 2009 14:31 : \____
This book chronicles Mandelbrot's forty-year quest to understand how the
stock market works, and his search for a better mathematical model ..
According to Mandelbrot, all this work is fundamentally flawed as it
underestimates the wild behaviour of financial markets, which makes them
so risky ...
Must-watch video on bogus models: