Kyle Harrison
to-read

The Misbehavior of Markets

The Misbehavior of Markets: A Fractal View of Financial Turbulence
Author
Benoit Mandelbrot and Richard L. Hudson
Published
2004
Recommended
3 times
Buy on Amazon ↗

Why it’s on the list: Mandelbrot’s case against the bell-curve assumptions underneath modern finance — O’Shaughnessy says it is worth reading for the chapter on the case against modern financial theory alone.

Where I heard about it

  • Recommended in Jim O’Shaughnessy’s investing book-recommendations thread on X (started February 2019, extended through 2021); in April 2020 — 1 Some book recommendations Rules… (tweet).
  • In Patrick O’Shaughnessy’s Full Reading List (Investor Field Guide, 2016) — the archive of his monthly book-club recommendations, saved by Kyle in April 2020 — Full Reading List (Investor Field Guide).
  • In Patrick O’Shaughnessy’s A Curriculum for the Modern Investor, saved by Kyle in April 2020 — A Curriculum for the Modern Investor (Patrick O’Shaughnessy).

Connections

  • 1 Some book recommendations Rules… (tweet) — the thread that recommended it.