The Misbehavior of Markets

[DaC0nsumeR]

by Benoit Mandelbrot

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

[Cryptoababe]

Can you add the link to your post so that we can read?.
Because i think nobody read this  🤣

[DaC0nsumeR]

Can you add the link to your post so that we can read?.
Because i think nobody read this  🤣

It's the name of a book that you can find wherever you look for books.

[mk4]

Can you add the link to your post so that we can read?.
Because i think nobody read this  🤣

Amazon: https://www.amazon.com/The-Misbehavior-of-Markets-audiobook/dp/B07PCSM62Z/
Book Depository(international): https://www.bookdepository.com/Misbehavior-Markets-Benoit-Mandelbrot/9780465043576

[Mauser]

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. Nassim Nicholas Taleb goes into a similar direction and has more up to date books, maybe he could be helpful too for a new staretgy.

[mindrust]

by Benoit Mandelbrot

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

You seem to know about the book you are talking about. Why don't give us some insight so we can tell you if it is doable or not? I didn't read the book and I don't think I will. I am pretty sure most people who post in this forum haven't too. If you are going to build a quant strategy you need help from the professionals. I am not sure if random posters in the forum can help you in this. Have you talked to Charles Schwab or Goldman Sachs? I heard they have great quants.

[slaman29]

Markets always misbehave. Because markets are strongly depending on human factor, which is always misbehaving. Banks and financial systems realized this. Hence the failure of all predictive systems to predict crashes for the past 100 years.

For anyone interested to see the author's strategies in trading BTC being discussed by real traders please have a look here: https://www.tradingview.com/ideas/mandelbrot/

Your thank yous are appreciated

[doremonchina]

Markets are a lot less secure than a great many people or most financial experts realize Modern financial hypothesis lays on powerless foundations he shortcoming of generally acknowledged financial speculations infers an extreme weakness in the worldwide financial system Modern financial hypothesis expects that costs move haphazardly in an ordinary range But costs are not arbitrary, and typical doesn't envelop all value fluctuations Market experts say that market timing is a simpleton's down however the realities demonstrate in any case. Many enormous market moves comprise of a progression of comparative moves bunched in a brief timeframe.
Just fractals prevail with regards to catching the truth of the business sectors.

[tulusikhlas]

Make one quote and conclusion that you at least draw from the book and then discuss it here. Because not everyone knows the information listed in its entirety in the book. If you are talking about a trading theory, then clearly there must be some basis to substantiate the argument. It's helpful if you've read it and give us an inducement to think.

[crwth]

Can you add the link to your post so that we can read?.
Because i think nobody read this   🤣

It seems many people have already rated the book in the link given by mk4. It's an audiobook, so it's pretty easy to absorb it anytime you have free time, like possibly while driving.


For those interested in the quant strategy, I did a quick search.

https://coresignal.com/blog/quantitative-investing/


If we are talking about incorporating quant strategy, maybe it's all about how you check on a particular asset and what's behind it. But the fact is that it applies to companies on how well they are doing or any balance sheets that are made publicly available and all that, and thinking of that would require you more historical data compared to just form a quantitative strategy. I guess it could help you analyze the behavior of the market, not precisely pinpointing the background of the company, etc.