Benoit Mandelbrot

A good talk by the author of the study of complexity in financial markets. Also see these three books about chaos theory, roughness and fractals (all on the CW reading list): Benoit Mandelbrot – The Misbehavior of Markets Mark…

Bubbles are important for the country because there is nothing more dangerous and damaging to an economy than a great asset bubble that breaks. And this is something the Fed never seems to get. … We looked back as far as we could, , 32…

Subscribe to Our News Feed CBS posts $12.5 billion loss with writedown - Reuters NEW YORK (Reuters) - CBS Corp reported a massive quarterly loss on Thursday, as a rapidly deteriorating advertising market tarnished the TV and radio…