Tag: Benoit Mandelbrot
2 posts tagged "Benoit Mandelbrot".
French-American mathematician (1924–2010) who coined the term "fractal" and pioneered the study of roughness and self-similarity in nature, finance, and geometry — work distilled in The (Mis)Behavior of Markets. He showed that financial returns are not tame and bell-curved but wild and fat-tailed, with catastrophic moves vastly more common than orthodox models allow, a direct challenge to the efficient markets orthodoxy of Eugene Fama. This insight is foundational to the blog's thinking about tail risk and behavioral finance, and it shaped his student Nassim Taleb, who calls him an intellectual mentor. His Fractal Geometry of Nature made the visual language of fractals famous far beyond mathematics.
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Beware of Geeks Bearing Formulas
The history of finance is a history of brains splattered on the pavement. Just how safe is the buy-and-hold index funds orthodoxy?
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Meditations on Momentum
First, work your butt off to get some momentum behind you. Keep a watchful eye out for entropy. Then, focus your efforts on helping other people up.
