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11: WHAT THE HELL IS A RANDOM WALK? Charting is as old as papyrus; the "
random-walk" thesis has ancient origins but, properly worked out, is as new as
computers. Charting seeks to find some order in what has happened; the random
If big guns like Professors Samuelson and Wallich and the Senate Banking
Committee are taking the random walk seriously, everybody had better gird up,
because if the random walk is indeed Truth, then all charts and most investment
Random walkers do not unanimously insist that the market is a random walk. It is
not a random walk, some of them admit, only because the market strays from the "
perfect" or the "efficient"; in short, there are people in it. "My model," says ...
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LibraryThing ReviewCrítica de los usuarios - carterchristian1 - LibraryThing
What is remarkable about this book is how ie speaks to the issues that led to the meltdown of 2007 and 2008. The missage is sim;ple.. Beware.Many of the Amazon nreviewers commented on how the book is a pleasure to read. It it. there is humor as well as advice. Leer comentario completo
2 Mister Johnsons Reading List
3 Can Ink Blots Tell You Whether You Are
4 Is the Market Really a Crowd?
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