Benoit Mandelbrot

  • Back to the Future--Again

    By James Picerno  |  May 1, 2008

    It has been five years since veteran investment consultant and celebrated author Peter Bernstein invoked the word "obsolete" to describe the policy portfolio, which encourages...

  • Fat-Tailed Butterflies Invade the Finance Faculty Lounge

    By Staff Writer  |  October 18, 2004

    Book Review Mandelbrot, Benoit and Hudson, Richard L. "The (mis)Behavior of Markets: A Fractal View of Risk, Ruin, and Reward," New York: Perseus Books Group, 2004, pp. 328, Cloth. US$27.50. Most literate humans have by now heard of "chaos theory." There has even been a Hollywood movie, "the Butterfly Effect,"...