Markets are Chaotic

That the markets lately are chaotic, i.e. volatile and seemly meaningless goes without saying.  And Chaos Theory (AKA non-linear dynamics) does a much better job of describing their statistics than Gaussian Probability (the Bell-shaped Curve stuff).  For an easy entry into the subject, read Mandelbrot Beats Economics in Fathoming Markets.

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One Response to Markets are Chaotic

  1. Thanks for the hard work of digging out the relevant and the unexpected. Keep it up.


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