Power Laws at Work in Financial Markets

I am working on a good¬†post for the first “Counterfactual Friday.” Unfortunaltely it will probably not be posted until Monday. In the meantime enjoy the following:

I have attached a link to a terrific article on power law distributions and their ability to explain financial market phenomena as compared with the standard bell curve. Mauboussin has been writing about power laws in finance and economics for a while. (H/T Infectious Greed)



This entry was posted in Uncategorized and tagged , , , , , , , , . Bookmark the permalink.

Leave a Reply

Your email address will not be published. Required fields are marked *


You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>