RE: RE: RE: RE: RE: RE: Distribution July 19%Thanks a lot I found that quite informative and enjoyable especially the interview part:
https://edenrahim.blogspot.com/
Eden seems to know what he is doing by using the right (fractal/non-linear) models to measure and model risk. I've read a couple books Black Swan and (Mis) Behaviour of Markets. I found the latter one written by
Benoît B. Mandelbrot quite informative as he talks an interesting measure of risk called the Hurst Exponent calculates smoothness in data. Looking at the 1974-2007 S&P 500 chart in the above link its should be quite obvious long term trend in the markets have low hurst exponent (<0.5) which signals anti-persistence in data (prices) and a sideways volatile market.
Kinda cool:
https://www.youtube.com/watch?v=oWIwQQf8wMY
Look forward to seeing how this one trades as market conditions change.
Cheers,
MM