Benoit Mandelbrot

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description: a mathematician known for his work on fractals

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The Misbehavior of Markets: A Fractal View of Financial Turbulence

by Benoit Mandelbrot and Richard L. Hudson  · 7 Mar 2006  · 364pp  · 101,286 words

M. Gruskin, H. Kanzer, and M. Logan. PRELUDE by Richard L. Hudson Introducing a Maverick in Science INDEPENDENCE IS A GREAT VIRTUE. To illustrate that, Benoit Mandelbrot relates how, during the German occupation of France in World War II, his father escaped death. One day, a band of Resistance fighters attacked the

.: Berkshire Hathaway Inc. Burton, Jonathan. 1998. Revisiting the capital asset pricing model. Dow Jones Asset Manager May-June: 20-28. Calvet, Laurent, Adlai Fisher, and Benoit Mandelbrot. 1997. Large deviations and the distribution of price changes. Cowles Foundation Discussion Paper 1165 (September). Calvet, Laurent and Adlai Fisher. 2002. Multifractality in asset returns

Research Foundation. 2003. Valuing Employee Stock Options: A Comparison of Alternative Models. Research report available at: http://www.ferf.org. Fisher, Adlai, Laurent Calvet, and Benoit Mandelbrot. 1997. Multifractality of Deutschemark/US dollar exchange rates. Cowles Foundation Discussion Paper 1166. Frame, Michael and Benoit B. Mandelbrot. 2002. Fractals, Graphics and Mathematics Education

The Fractalist

by Benoit Mandelbrot  · 30 Oct 2012

Copyright © 2012 by The Estate of Benoit Mandelbrot Afterword copyright © by Michael Frame All rights reserved. Published in the United States by Pantheon Books, a division of Random House, Inc., New York, and

colophon are registered trademarks of Random House, Inc. Library of Congress Cataloging-in-Publication Data Mandelbrot, Benoit B. The fractalist : memoir of a scientific maverick / Benoit Mandelbrot. p. cm. eISBN: 978-0-307-37860-6 1. Mandelbrot, Benoit B. 2. Mathematicians—France—Biography. 3. Fractals. I. Title. QA29.M34A3 2012 510.92

—dc22 [B] 2012017896 www.pantheonbooks.com Cover image Benoit Mandelbrot. Emilio Segre Visual Archives/American Institute of Physics/Photo Researchers, Inc. Cover design by Peter Mendelsund v3.1 My long, meandering ride through life has

from its dangerously conspicuous summa to an adequate magna. One day, a student approached. “I hear that you come from Tulle. You must have known Benoit Mandelbrot.” “Of course, of course, I know him well.” “Is it true that he is un crack who got a summa at the bachot?” Back in

the École Polytechnique to the general commanding the armed forces in Paris. They knew each other, and the letter said: “Dear Friend. A graduating student, Benoit Mandelbrot, needs an exit visa to take a scholarship in the United States. His military record looks ridiculously complicated. I take it upon myself to inform

mature. And to remain embattled. How come? Perhaps by fluke, but I think mostly for a reason. Afterword Michael Frame, professor of mathematics, Yale University BENOIT MANDELBROT died shortly before he could make final revisions to this memoir. Aliette, his wife of many years, asked me to write this afterword. I hope

, bm1.20 bm1.21 Courtesy E. R. Weibel, Institute of Anatomy, University of Bern: bm1.13 ABOUT THE AUTHOR A graduate of the École Polytechnique, Benoit Mandelbrot received his doctorate in mathematics from the University of Paris and spent thirty-five years at IBM as a research scientist and seventeen years as

The Physics of Wall Street: A Brief History of Predicting the Unpredictable

by James Owen Weatherall  · 2 Jan 2013  · 338pp  · 106,936 words

Samuelson and his students, but also in the work of others who, like Bachelier, had come to economics from other fields, such as the mathematician Benoît Mandelbrot and the astrophysicist M.F.M. Osborne. Change was afoot in both the academic and financial worlds that would bring these later prophets the kind

Chaos: Making a New Science

by James Gleick  · 18 Oct 2011  · 396pp  · 112,748 words

on sand, a shape on the side of a hill. —WALLACE STEVENS “Connoisseur of Chaos” A PICTURE OF REALITY built up over the years in Benoit Mandelbrot’s mind. In 1960, it was a ghost of an idea, a faint, unfocused image. But Mandelbrot recognized it when he saw it, and there

have seemed apt to anyone who knew him in his later years, with his high imposing brow and his list of titles and honors, but Benoit Mandelbrot is best understood as a refugee. He was born in Warsaw in 1924 to a Lithuanian Jewish family, his father a clothing wholesaler, his mother

’s work, Scholz was precisely the kind of pragmatic, working scientist most ready to pick up the tools of fractal geometry. He had stumbled across Benoit Mandelbrot’s name in the 1960s, when Mandelbrot was working in economics and Scholz was an M.I.T. graduate student spending a great deal of

Liebig. Hamilton. Charles Darwin, of course. Virchow. Cantor. Einstein. Minkowski. Von Laue. Alfred Wegener—continental drift. Compton. Just. James Watson—the structure of DNA. And Benoit Mandelbrot. To pure mathematicians, however, Mandelbrot remained an outsider, contending as bitterly as ever with the politics of science. At the height of his success, he

to float up or down depending on the scale from which they were viewed. It seemed absurd. Yet it was an exact analogue of what Benoit Mandelbrot was realizing about geometrical shapes and the coastline of England. Their length could not be measured independent of scale. There was a kind of relativity

broadly influential as Yorke’s work, for example. In 1984, Feigenbaum was invited to address the Nobel Symposium in Sweden, and there the controversy swirled. Benoit Mandelbrot gave a wickedly pointed talk that listeners later described as his “antifeigenbaum lecture.” Somehow Mandelbrot had exhumed a twenty-year–old paper on period-doubling

the Germans invaded Paris, Libchaber was born there, the son of Polish Jews, the grandson of a rabbi. He survived the war the same way Benoit Mandelbrot did, by hiding in the countryside, separated from his parents because their accents were too dangerous. His parents managed to survive; the rest of the

whole unexplored family of pictures that reflected the behavior of forces in the real world. Michael Barnsley was looking at other members of the family. Benoit Mandelbrot, as both men soon learned, was discovering the granddaddy of all these shapes. BOUNDARIES OF INFINITE COMPLEXITY. When a pie is cut into three slices

color it black. Soon enough, you will have a shape that consists of a black line from 0 to 1. THE MANDELBROT SET EMERGES. In Benoit Mandelbrot’s first crude computer printouts, a rough structure appeared, gaining more detail as the quality of the computation improved. Were the buglike, floating “molecules” isolated

essayed.” —HERMAN MELVILLE, Moby-Dick TWO DECADES AGO Edward Lorenz was thinking about the atmosphere, Michel Hénon the stars, Robert May the balance of nature. Benoit Mandelbrot was an unknown IBM mathematician, Mitchell Feigenbaum an undergraduate at the City College of New York, Doyne Farmer a boy growing up in New Mexico

the Royal Society and chief scientific adviser to the government of the U.K. and, in 2001, was created Baron May of Oxford. As for Benoit Mandelbrot, a “Vita” he published on his Yale Web page in 2006 listed twenty-four awards, prizes, and medals, two decorations, nineteen “diplomas, honoris causa & the

little; the former is perhaps a bit more historically oriented. For anyone interested in the origins of fractal geometry, the indispensable, encyclopedic, exasperating source is Benoit Mandelbrot, The Fractal Geometry of Nature (New York: Freeman, 1977). The Beauty of Fractals, Heinz-Otto Peitgen and Peter H. Richter (Berlin: Springer-Verlag, 1986), delves

Joseph Klafter Thomas S. Kuhn Mark Laff Oscar Lanford James Langer Joel Lebowitz Cecil E. Leith Herbert Levine Albert Libchaber Edward N. Lorenz Willem Malkus Benoit Mandelbrot Arnold Mandell Syukuro Manabe Arnold J. Mandell Philip Marcus Paul C. Martin Robert M. May Francis C. Moon Jürgen Moser David Mumford Michael Nauenberg Norman

Mathematical Models,” p. 467. “THE MATHEMATICAL INTUITION” Ibid. A GEOMETRY OF NATURE A PICTURE OF REALITY Mandelbrot, Gomory, Voss, Barnsley, Richter, Mumford, Hubbard, Shlesinger. The Benoit Mandelbrot bible is The Fractal Geometry of Nature (New York: Freeman, 1977). An interview by Anthony Barcellos appears in Mathematical People, ed. Donald J. Albers and

SOMETHING Smale. THE FIELD DEVELOPS Peitgen. PIONEER-BY–NECESSITY “Second Stage,” p. 5. THIS HIGHLY ABSTRACT Mandelbrot; Fractal Geometry, p. 74; J. M. Berger and Benoit Mandelbrot, “A New Model for the Clustering of Errors on Telephone Circuits,” IBM Journal of Research and Development 7 (1963), pp. 224–36. THE JOSEPH EFFECT

in crucial ways. Among those who contributed to the illustrations in these pages were Heinz-Otto Peitgen, Peter Richter, James Yorke, Leo Kadanoff, Philip Marcus, Benoit Mandelbrot, Jerry Gollub, Harry Swinney, Arthur Winfree, Bruce Stewart, Fereydoon Family, Irving Epstein, Martin Glicksman, Scott Burns, James Crutchfield, John Milnor, Richard Voss, Nancy Sterngold, and

Mapmatics: How We Navigate the World Through Numbers

by Paulina Rowinska  · 5 Jun 2024  · 361pp  · 100,834 words

B. Scale: The Universal Laws of Growth, Innovation, Sustainability, and the Pace of Life in Organisms, Cities, Economies, and Companies. New York: Penguin Press, 2017. Benoit Mandelbrot and Fractals Gleick, James. Chaos: Making a New Science. New York: Viking, 1987. Lesmoir-Gordon, Nigel, ed. The Colours of Infinity: The Beauty and Power

. Mandelbrot, Benoît. ‘Drawing; The Ability to Think in Pictures and Its Continuing Influence’. Web of Stories videos, 24 January 2008, https://www.webofstories.com/play/benoit.mandelbrot/8. Coastline Paradox Stoa, Ryan B. ‘The Coastline Paradox’. Rutgers University Law Review 72, no. 2 (Winter 2019): 351–400. 4. Distanced Underground Map Guo

, November/December 2004, http://archives.yalealumnimagazine.com/issues/2004_11/mandelbrot.html. took care of his education: John J. O’Connor and Edmund F. Robertson, ‘Benoit Mandelbrot’, MacTutor (Maths History), School of Mathematics and Statistics, University of St Andrews, July 1999, https://mathshistory.st-andrews.ac.uk/Biographies/Mandelbrot/. the École Polytechnique

: Benoît Mandelbrot, ‘École Normale and Thought in Mathematics’, Web of Stories video, 24 January 2008, https://www.webofstories.com/play/benoit.mandelbrot/16. (and getting married in the meantime): Nigel Lesmoir-Gordon, ‘Benoît Mandelbrot Obituary’, The Guardian, 17 October 2010. very complicated and very simple

at the same time: Benoit Mandelbrot, ‘Fractals and the Art of Roughness’, TED Talks video, February 2010, https

://www.ted.com/talks/benoit_mandelbrot_fractals_and_the_art_of_roughness?language=en. no possible

’, Annual Review of Fluid Mechanics 30, no. 1 (January 1998): xiii–xxxvi, https://doi.org/10.1146/annurev.fluid.30.1.0. incomprehensible modern monographs?: ‘Benoit Mandelbrot’, interview by Anthony Barcellos, in Mathematical People: Profiles and Interviews, ed. Donald J. Albers and Gerald L. Alexanderson, 2nd ed. (Wellesley, MA: A. K. Peters

. looks over Rio de Janeiro from ‘41204668869’: S2 Region Coverer Online Viewer, accessed 4 February 2024, https://igorgatis.github.io/ws2/?cells=00997fd59c5. purposefully incomprehensible: Benoit Mandelbrot, ‘How Long Is the Coast of Britain? Statistical Self-Similarity and Fractional Dimension’, Science 156, no. 3775 (5 May 1967): 636–8, https://doi.org

The Myth of the Rational Market: A History of Risk, Reward, and Delusion on Wall Street

by Justin Fox  · 29 May 2009  · 461pp  · 128,421 words

price series that he had criticized Maurice Kendall for bothering to study. He brought this avocation with him to Harvard, where one day in 1960 Benoit Mandelbrot came calling. Mandelbrot was a mathematician who had emigrated from France to work at IBM’s research center in Yorktown Heights, New York, studying—like

them. With this experience he gravitated toward the random walk work begun by statistics professor Harry Roberts. He also hooked up with wandering IBM mathematician Benoit Mandelbrot. His first published work was a Mandelbrot-guided exploration of the statistical distribution of stock price changes. Fama stayed on for his doctorate, and under

zero—as they would in a true bell curve. The tendency of fat-tail events to follow upon one another is called dependence. IBM MATHEMATICIAN BENOIT MANDELBROT SAW fat tails and dependence in a chart of cotton futures prices at Harvard in 1960. Mandelbrot was a Polish Jew who had emigrated to

the search for better models of volatility was now on in earnest. One starting point was the statistical framework assembled twenty-five years before by Benoit Mandelbrot. Mandelbrot hadn’t predicted black Monday. He hadn’t written anything about finance in years. But anyone who had studied his market writings from the

of the millennium, all he was really espousing was the old random walk. Or not even quite that since, as a one-time protégé of Benoit Mandelbrot, he knew as well as anybody that markets didn’t really follow a random walk. He was simply saying that market movements were hard to

several papers with mainstream finance scholars and launching a new journal, Quantitative Finance, that included Robert Merton and Myron Scholes (along with Kenneth Arrow and Benoit Mandelbrot) on its advisory board. But his work has yet to really penetrate the academic mainstream either.30 Still, even as they resist the incursions from

Malkiel Princeton economist and former Wall Street investment banker whose 1973 book, A Random Walk Down Wall Street, popularized the new academic approach to investing. Benoit Mandelbrot Legendary Polish-French mathematician who was a key member of the group of scholars studying stock market random walks in the 1960s, but whose observations

, David Laibson, Josef Lakonishok, Dean LeBaron, Marty Leibowitz, David Leinweber, Hayne Leland, Baruch Lev, Stan Levine, Arthur Lipper III, Andrew Lo, James Lorie, Louis Lowenstein, Benoit Mandelbrot, Henry Manne, Harry Markowitz, Paul Marsh, Mac McQuown, Robert Merton, Arnold Moore, William Niskanen, Terrance Odean, John O’Brien, Charles Plott, S. J. Prais, Alfred

./Oct. 1976): 20–23. CHAPTER 8: FISCHER BLACK CHOOSES TO FOCUS ON THE PROBABLE 1. Mandelbrot tells the story of encountering Zipf’s work in Benoit Mandelbrot and Richard L. Hudson, The (Mis)behavior of Markets: A Fractal View of Risk, Ruin, and Reward (New York: Basic Books, 2004), 150–59. The

. C. Willis and G. U. Yule, “Some Statistics of Evolution and Geographical Distribution in Plants and Animals, and Their Significance,” Nature (1922): 177–179. 3. Benoit Mandelbrot, “Forecasts of Future Prices, Unbiased Markets, and ‘Martingale’ Models, Journal of Business (Jan. 1966): 242–55. 4. Paul Cootner, The Random Character of Stock Prices

Makes Stock Prices Move?” 72. 13. Jens Carsten Jackwerth and Mark Rubinstein, “Recovering Probability Distributions from Equity Prices,” Journal of Finance (Dec. 1996): 2. 14. Benoit Mandelbrot, interview with the author. 15. Gregg A. Jarrell, “En-Nobeling Financial Economics,” Wall Street Journal, Oct. 17, 1990, A14. 16. Myron S. Scholes, “Derivatives in

The Quants

by Scott Patterson  · 2 Feb 2010  · 374pp  · 114,600 words

Wilmott, quant guru extraordinaire and founder of the mathematical finance program at Oxford University. In 2000, Wilmott began warning of a mathematician-led market meltdown. Benoit Mandelbrot, mathematician who as early as the 1960s warned of the dangers wild market swings pose to quant models—but was soon forgotten in the world

in August 2007. The flaw had already been identified decades earlier by one of the most brilliant mathematicians in the world: Benoit Mandelbrot. When German tanks rumbled into France in 1940, Benoit Mandelbrot was sixteen years old. His family, Lithuanian Jews, had lived in Warsaw before moving to Paris in 1936 amid a spreading

by pure human fear, the kind that can’t be captured in a computer model or complex algorithm. The wild, fat-tailed moves discovered by Benoit Mandelbrot in the 1950s seemed to be happening on an hourly basis. Nothing like it had ever been seen before. This wasn’t supposed to happen

, a sudden swing in prices can change everything. This is Taleb’s world of “Extremistan.” Income distributions, for instance, exhibit signs of Extremistan, a discovery Benoit Mandelbrot had made more than half a century before. Measure the wealth of a thousand people plucked off the street. On a typical day, the distribution

Munger. “They’re usually doing the devil’s work.” For years, critics on the fringes of the quant world had warned that trouble was brewing. Benoit Mandelbrot, for instance, the mathematician who decades earlier had warned the quants of the wild side of their mathematical models—the seismic fat tails on the

with Mandelbrot in the summer of 2008. Many also come from the book The (Mis)Behavior of Markets: A Fractal View of Financial Turbulence, by Benoit Mandelbrot and Richard L. Hudson (Basic Books, 2006). “I realized that the existence of the smile”: My Life as a Quant, by Emanuel Derman (John Wiley

a highly unlikely “black swan” event not captured by the bell curve, and visually is captured by a bulge on either side of the curve. Benoit Mandelbrot first devised methods to describe such extreme market events in the 1960s, but he was largely ignored. Gaussian copula: A model developed by financial engineer

army of traders and professors helped me better understand the world of the quants, including Mark Spitznagel, Nassim Taleb, Paul Wilmott, Emanuel Derman, Aaron Brown, Benoit Mandelbrot, and so many others. Ed Thorp devoted far too much time to help me understand the true nature of trading and risk management, as well

When Einstein Walked With Gödel: Excursions to the Edge of Thought

by Jim Holt  · 14 May 2018  · 436pp  · 127,642 words

Theorem would take a truly terrible form: 0 = 1. Yet, oddly enough, e-commerce and financial derivatives would be left untouched. 8 Benoit Mandelbrot and the Discovery of Fractals Benoit Mandelbrot, the brilliant Polish-French-American mathematician who died in 2010, had a poet’s taste for complexity and strangeness. His genius for noticing

Mathematician’s Apology (Cambridge, 1940). Michael Harris, Mathematics Without Apologies: Portrait of a Problematic Vocation (Princeton, 2015). 8. BENOIT MANDELBROT AND THE DISCOVERY OF FRACTALS Benoit Mandelbrot, The Fractalist: Memoir of a Scientific Maverick (Pantheon, 2012). Benoit Mandelbrot and Richard L. Hudson, The (Mis)behavior of Markets: A Fractal View of Financial Turbulence (Basic, 2006). 9

). Acknowledgments The longer essays in this volume previously appeared, in somewhat different form, in the following publications: “A Mathematical Romance,” “The Avatars of Higher Mathematics,” “Benoit Mandelbrot and the Discovery of Fractals,” “Geometrical Creatures,” “A Comedy of Colors,” “The Dangerous Idea of the Infinitesimal,” “Dr. Strangelove Makes a Thinking Machine,” and “Einstein

MacArthur, General Douglas MacFarquhar, Larissa Mackerel Plaza, The (De Vries) Mackie, J. L. Mac Lane, Saunders Maclean, Donald Major League Baseball Manchester, University of Mandelbrot, Benoit Mandelbrot, Szolem MANIAC (Mathematical and Numerical Integrator and Computer) manic depression Manutius, Aldus Man in the White Suit, The (film) Man Who Knew Too Much, The

Francis Galton, the Father of Statistics … and Eugenics Part III: Mathematics, Pure and Impure   6. A Mathematical Romance   7. The Avatars of Higher Mathematics   8. Benoit Mandelbrot and the Discovery of Fractals Part IV: Higher Dimensions, Abstract Maps   9. Geometrical Creatures 10. A Comedy of Colors Part V: Infinity, Large and Small

How Big Things Get Done: The Surprising Factors Behind Every Successful Project, From Home Renovations to Space Exploration

by Bent Flyvbjerg and Dan Gardner  · 16 Feb 2023  · 353pp  · 97,029 words

the same principles independently of where you are scalewise, which is exactly what you want in order to build something huge with ease. The mathematician Benoit Mandelbrot, who first laid out the science of scale-free scalability, called this attribute “fractal”—like one of those popular Internet memes in which you see

team, so undoubtedly I forgot some, for which I ask forgiveness, but which does not lessen their contribution or my gratitude. Gerd Gigerenzer, Daniel Kahneman, Benoit Mandelbrot, and Nassim Nicholas Taleb are principal intellectual influences. Nobody understands risk better than they do, and understanding risk is the key to understanding big projects

. The higher above 3 the kurtosis is for a distribution (called “excess kurtosis”), the more fat-tailed the distribution is considered to be. The mathematician Benoit Mandelbrot found a kurtosis of 43.36 in a pioneering study of daily variations in the Standard & Poor’s 500 index between 1970 and 2001—14

Antifragile: Things That Gain From Disorder

by Nassim Nicholas Taleb  · 27 Nov 2012  · 651pp  · 180,162 words

print when they are not (yet) called so by others carries a cost, but is too small to be a deterrent. After the mathematical scientist Benoît Mandelbrot read the galleys of The Black Swan, a book dedicated to him, he called me and quietly said: “In what language should I say ‘good

More Than You Know: Finding Financial Wisdom in Unconventional Places (Updated and Expanded)

by Michael J. Mauboussin  · 1 Jan 2006  · 348pp  · 83,490 words

Scale: The Universal Laws of Growth, Innovation, Sustainability, and the Pace of Life in Organisms, Cities, Economies, and Companies

by Geoffrey West  · 15 May 2017  · 578pp  · 168,350 words

Capitalism 4.0: The Birth of a New Economy in the Aftermath of Crisis

by Anatole Kaletsky  · 22 Jun 2010  · 484pp  · 136,735 words

How Markets Fail: The Logic of Economic Calamities

by John Cassidy  · 10 Nov 2009  · 545pp  · 137,789 words

The Joys of Compounding: The Passionate Pursuit of Lifelong Learning, Revised and Updated

by Gautam Baid  · 1 Jun 2020  · 1,239pp  · 163,625 words

Growth: From Microorganisms to Megacities

by Vaclav Smil  · 23 Sep 2019

Chaos Kings: How Wall Street Traders Make Billions in the New Age of Crisis

by Scott Patterson  · 5 Jun 2023  · 289pp  · 95,046 words

Think Twice: Harnessing the Power of Counterintuition

by Michael J. Mauboussin  · 6 Nov 2012  · 256pp  · 60,620 words

Turing's Cathedral

by George Dyson  · 6 Mar 2012

Money Changes Everything: How Finance Made Civilization Possible

by William N. Goetzmann  · 11 Apr 2016  · 695pp  · 194,693 words

Complexity: A Guided Tour

by Melanie Mitchell  · 31 Mar 2009  · 524pp  · 120,182 words

Capital Ideas: The Improbable Origins of Modern Wall Street

by Peter L. Bernstein  · 19 Jun 2005  · 425pp  · 122,223 words

The Man From the Future: The Visionary Life of John Von Neumann

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Currency Wars: The Making of the Next Gobal Crisis

by James Rickards  · 10 Nov 2011  · 381pp  · 101,559 words

A Mathematician Plays the Stock Market

by John Allen Paulos  · 1 Jan 2003  · 295pp  · 66,824 words

Near and Distant Neighbors: A New History of Soviet Intelligence

by Jonathan Haslam  · 21 Sep 2015  · 525pp  · 131,496 words

Statistical Arbitrage: Algorithmic Trading Insights and Techniques

by Andrew Pole  · 14 Sep 2007  · 257pp  · 13,443 words

This Will Make You Smarter: 150 New Scientific Concepts to Improve Your Thinking

by John Brockman  · 14 Feb 2012  · 416pp  · 106,582 words

Memory Machines: The Evolution of Hypertext

by Belinda Barnet  · 14 Jul 2013  · 193pp  · 19,478 words

The Doomsday Calculation: How an Equation That Predicts the Future Is Transforming Everything We Know About Life and the Universe

by William Poundstone  · 3 Jun 2019  · 283pp  · 81,376 words

Them And Us: Politics, Greed And Inequality - Why We Need A Fair Society

by Will Hutton  · 30 Sep 2010  · 543pp  · 147,357 words

The Golden Ratio: The Story of Phi, the World's Most Astonishing Number

by Mario Livio  · 23 Sep 2003

The Patterning Instinct: A Cultural History of Humanity's Search for Meaning

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Radical Uncertainty: Decision-Making for an Unknowable Future

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Extreme Money: Masters of the Universe and the Cult of Risk

by Satyajit Das  · 14 Oct 2011  · 741pp  · 179,454 words

Overcomplicated: Technology at the Limits of Comprehension

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How Not to Network a Nation: The Uneasy History of the Soviet Internet (Information Policy)

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Debunking Economics - Revised, Expanded and Integrated Edition: The Naked Emperor Dethroned?

by Steve Keen  · 21 Sep 2011  · 823pp  · 220,581 words

The Creativity Code: How AI Is Learning to Write, Paint and Think

by Marcus Du Sautoy  · 7 Mar 2019  · 337pp  · 103,522 words

Skin in the Game: Hidden Asymmetries in Daily Life

by Nassim Nicholas Taleb  · 20 Feb 2018  · 306pp  · 82,765 words

Clojure Programming

by Chas Emerick, Brian Carper and Christophe Grand  · 15 Aug 2011  · 999pp  · 194,942 words

Licence to be Bad

by Jonathan Aldred  · 5 Jun 2019  · 453pp  · 111,010 words

Power, Sex, Suicide: Mitochondria and the Meaning of Life

by Nick Lane  · 14 Oct 2005  · 369pp  · 153,018 words

Trillions: How a Band of Wall Street Renegades Invented the Index Fund and Changed Finance Forever

by Robin Wigglesworth  · 11 Oct 2021  · 432pp  · 106,612 words

The Simulation Hypothesis

by Rizwan Virk  · 31 Mar 2019  · 315pp  · 89,861 words

In Pursuit of the Perfect Portfolio: The Stories, Voices, and Key Insights of the Pioneers Who Shaped the Way We Invest

by Andrew W. Lo and Stephen R. Foerster  · 16 Aug 2021  · 542pp  · 145,022 words

Irrational Exuberance: With a New Preface by the Author

by Robert J. Shiller  · 15 Feb 2000  · 319pp  · 106,772 words

On the Future: Prospects for Humanity

by Martin J. Rees  · 14 Oct 2018  · 193pp  · 51,445 words

The Success Equation: Untangling Skill and Luck in Business, Sports, and Investing

by Michael J. Mauboussin  · 14 Jul 2012  · 299pp  · 92,782 words

Wireless

by Charles Stross  · 7 Jul 2009

The Simpsons and Their Mathematical Secrets

by Simon Singh  · 29 Oct 2013  · 262pp  · 65,959 words

The Perfect Bet: How Science and Math Are Taking the Luck Out of Gambling

by Adam Kucharski  · 23 Feb 2016  · 360pp  · 85,321 words

The Man Who Knew: The Life and Times of Alan Greenspan

by Sebastian Mallaby  · 10 Oct 2016  · 1,242pp  · 317,903 words

Ways of Being: Beyond Human Intelligence

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Infinite Ascent: A Short History of Mathematics

by David Berlinski  · 2 Jan 2005  · 158pp  · 49,168 words

The Singularity Is Near: When Humans Transcend Biology

by Ray Kurzweil  · 14 Jul 2005  · 761pp  · 231,902 words

Advanced Stochastic Models, Risk Assessment, and Portfolio Optimization: The Ideal Risk, Uncertainty, and Performance Measures

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More Money Than God: Hedge Funds and the Making of a New Elite

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Fooled by Randomness: The Hidden Role of Chance in Life and in the Markets

by Nassim Nicholas Taleb  · 1 Jan 2001  · 111pp  · 1 words

Think Complexity

by Allen B. Downey  · 23 Feb 2012  · 247pp  · 43,430 words

Red-Blooded Risk: The Secret History of Wall Street

by Aaron Brown and Eric Kim  · 10 Oct 2011  · 483pp  · 141,836 words

Descartes' Error: Emotion, Reason and the Human Brain

by António R. Damásio  · 1 Jan 1994  · 347pp  · 101,586 words

The Man Who Solved the Market: How Jim Simons Launched the Quant Revolution

by Gregory Zuckerman  · 5 Nov 2019  · 407pp  · 104,622 words

The Volatility Smile

by Emanuel Derman,Michael B.Miller  · 6 Sep 2016

Surfaces and Essences

by Douglas Hofstadter and Emmanuel Sander  · 10 Sep 2012  · 1,079pp  · 321,718 words

The Master Algorithm: How the Quest for the Ultimate Learning Machine Will Remake Our World

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Corporate Finance: Theory and Practice

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The Signal and the Noise: Why So Many Predictions Fail-But Some Don't

by Nate Silver  · 31 Aug 2012  · 829pp  · 186,976 words

Human Frontiers: The Future of Big Ideas in an Age of Small Thinking

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