Post
Topic
Board Trading Discussion
Re: The Misbehavior of Markets
by
Mauser
on 18/10/2021, 09:33:08 UTC
by Benoit Mandelbrot

Anybody read this? More generally how might his insights be incorporated into a quant strategy?

I didn't read this book. Is it good? It's already a bit old, maybe there is something more current for crypto currencies? Mandelbrot was a very famous mathematician and kind of the godfather of quantitative finance. He did a lot of research into price modelling in the 80s and 90s. Back at university we looked at some of his papers, very technical stuff. However what was inefficient 20 years ago is probably not anymore today. I would be careful building an investment strategy on such older theory.