Month: January 2009

By Serge-Paul Carrasco on January 25, 2009

The Engineers of the Renaissance

(E) Did you know that because he was left-handed, Leonardo Da Vinci often wrote from right to left with reversed or even mirror script? Who would do such a thing? An Engineer! […]

By Serge-Paul Carrasco on January 17, 2009

Multifractal Model of Asset Returns

(B) The price of a stock or any other asset trading on the stock market is a multifractal process with fat tails and long-term dependency. The Multifractal Model of Asset […]

By Serge-Paul Carrasco on January 10, 2009

Multifractality of the Stock Market

(B) Fractal Geometry is at the heart of Financial Engineering. Pioneered in early 1960 by French American Mathematician Benoit Mandelbrot, a retired Professor from Yale University and an IBM Scientist and […]

By Serge-Paul Carrasco on January 2, 2009

The Stock Market for Dummies

(E) While the stock market is unpredictable, its patterns are very repetitive. Those patterns are the same whether the stock market behaves and investors are making money or the stock […]