If you like finance…but really, really like finance and want to understand it, you cannot avoid Mandelbrot. The importance of power-laws distributions to explain the market movements is something you need to at least be aware of. Enjoy these10 minutes interview with the FT! ps: The power laws are also used in one of the best books about strategy I read lately “Strategy Beyond the Hockey Stick”, look at my review in a previous post. https://youtu.be/vxbxXBrOPS8?si=50OZ1SoZfmQLixsr
- Pedro
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