The Misbehavior of Markets Audiobook by Benoit Mandelbrot, Richard L Hudson
Professional traders often speak of a “fast” market or a “slow” one, depending on how they judge the volatility at that moment. Black Swans are extremely unpredictable events that have massive impacts on human society. These include positive Black Swans, like the invention of the Internet and the discovery of antibiotics, as well as negative…
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