06. novembre 2023

Benoit Mandelbrot revolutionized finance with his fractal geometry insights, revealing that market prices are rough and self-similar across time scales, not smooth as traditional models suggest. His work, inspired by Hurst's Nile studies, shows markets exhibit 'wild randomness' with frequent large swings. Mandelbrot's methods, using the Hurst exponent, offer a new model for capturing the actual volatility and trends in financial markets. #Mandelbrot #Fractals #Finance #MarketVolatility