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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 ...
>
> http://plus.maths.org/issue37/reviews/book1/index.html
Must-watch video on bogus models:
http://www.youtube.com/watch?v=F-QA2rkpBSY&feature=related
- --
~~ Best of wishes
Roy S. Schestowitz | Partition if an operating $ysteM must be set aside
http://Schestowitz.com | Free as in Free Beer | PGP-Key: 0x74572E8E
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