Critical Market Crashes
by D. Sornette
Publisher: arXiv 2003
Number of pages: 91
Description:
This review presents a general theory of financial crashes and of stock market instabilities that his co-workers and the author have developed over the past seven years. We start by discussing the limitation of standard analyses for characterizing how crashes are special. We conclude by presenting our view of the organization of financial markets.
Download or read it online for free here:
Download link
(1.6MB, PDF)
Similar books
Investing Money in Your Retirementby Robert Lewis II - Smashwords
The wealthy in America have been using the Insurance Industry in America as their own piggy banks since the start of the industrial revolution. When you do it right you can use this same practice to protect your money all the way until retirement.
(1371 views)
Sensible and Sound Lifetime Investingby Lawrence Russell - Smashwords
People can benefit greatly, when they decide to follow investment strategies that are: 1) savings-driven, 2) thoroughly diversified, 3) completely passive, 4) risk-adjusted, 5) cost-effective, and 6) tax-efficient. These factors are all interrelated.
(5060 views)
A Beginner's Guide to Investing: How to Grow Your Money the Smart and Easy Wayby Alex Frey - Smashwords
Whether you're a complete investing novice or just confused about all the contradictory advice out there, this is an accessible guide to growing your money the smart and easy way. The book tells you everything you need to know about investing.
(5617 views)
Common Cents, Common Dreamsby Peter J. Ferrara, Michael D. Tanner - Cato Institute
A plain-language guide to the problems of Social Security and an alternative based on savings and investment. The authors show how a privatized Social Security system would work and why it would provide a better retirement for future generations.
(1751 views)