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Daily Archives: January 21, 2011

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Book review: The (Mis) Behavior of Markets: A Fractal View of Risk, Ruin and Reward

This book falls into the category of MUST READ especially for financial market participants, risk managers and those responsible for risk assessment. A page turner no doubt for its clear and non-mathematical narrative, but a thought provoking book too whose objective appears to be the fostering of a healthy debate on the relevance of existing market behavior models. It advocates deeper thought about their use rather than the blind faith currently accorded to them.