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
Investments: An Introductionby AP Faure - Bookboon
This introductory book covers the lifestyle choices faced by the individual over his life (the prudent conduct of which leads to early achievement of the elusive financial security goal - FSG), and the nuts and bolts and principles of investments.
(3646 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.
(2572 views)
Behavioral Finance and Investment Managementby Arnold S. Wood - Research Foundation Publications
A portfolio of different insights by different authors -- all intended to help us make better choices. Each piece touches on our biases, our embedded beliefs, and considers how these biases and beliefs can help as well as hinder our decisions.
(17074 views)
The Mathematics of Investmentby William L.Hart - D.C Heath and Company
This book provides an elementary course in the theory and the application of annuities certain and in the mathematical aspects of life insurance. The book is particularly adapted to the needs of students in colleges of business administration.
(26125 views)