Book cover of The Random Character of Stock Market Prices

Book description

Trade paperback, heavy on math/calculations

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Why read it?

1 author picked The Random Character of Stock Market Prices as one of their favorite books. Why do they recommend it?

While I’ve spent much of my career debunking the Random Walk Theory and the Efficient Market Hypothesis, I believe you need to understand where we’re coming from in order to develop new ideas.

Cootner’s anthology contains all of the important early writings that became Capital Market Theory. You will find Bachilier’s original paper from 1900 postulating using statistics to analyze markets. Mandelbrot’s original paper suggesting that markets are not a random walk is here, too. 

It’s an important time capsule of the development of market theory. I’ve read it extensively because you can’t criticize widely held ideas unless you know…

From Edgar's list on books to become a market chaologist.

If you love The Random Character of Stock Market Prices...

Book cover of The Rosewood Penny

The Rosewood Penny by J.S. Fields,

2023 Queer Indie Award Nominee!

The dragons of Yuro have been hunted to extinction.

On a small, isolated island, in a reclusive forest, lives bandit leader Marani and her brother Jacks. With their outlaw band they rob from the rich to feed themselves, raiding carriages and dodging the occasional vindictive…

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