certain financial risks of chance Benoît B. Mandelbrot and Nassim N. Taleb an article from the Mandelbrot great mathematician, who died recently, an analysis on finance, savings, and some important observations, following :
Five years ago, October 9, 2005, the mathematician Benoit B. Mandelbrot with Nassim N. Taleb (author of the popular book "The Black Swan") wrote to Il Sole 24 Ore on Sunday the article we propose here. The mathematician, the father of fractals, warned the world economy and finance to pay attention. The great financial crisis had not yet broken out and Mandelbrot said that the gurus of finance were an inappropriate use of probabilistic concepts. But do not stop there: with Taleb gave instructions not to be overwhelmed by the clutter of the market, more and more risky than we think.
Your money is at risk ... [ continues ]
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