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Paperback: 64 pages

Publisher: Independently published (January 8, 2019)

Language: English

ISBN-10: 1793433682

ISBN-13: 978-1793433688

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8 x 0.2 x 10 inches

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4.6 out of 5 stars

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#82,689 in Books (See Top 100 in Books)

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Listening Length: 10 hours and 6 minutes

Program Type: Audiobook

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Publisher: Hachette Audio

Scheduled Audible.com Release Date: March 26, 2019

Language: English, English

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The author shows how modern financial theory underestimates risk in financial markets. Famous as "the father of fractal geometry," Mandelbrot is less well-known for his contributions to financial market theory. He is the tour de force behind Taleb's "Black Swan" writings."Misbehavior" is more of an introduction to fractal finance than a textbook about how to implement Mandelbrot's ideas into trading systems. Nevertheless, it provides a foundation and introduction to new methods that many may find useful, with enough detail to begin incorporating same into quantitative models. Other works by Mandelbrot go much deeper into the "how to" side of fractal finance.Benoît (pronounced "ben-wah") Mandelbrot writes in a clear, conversational style. The text avoids mathematical formulas, using instead a combination of written descriptions and entertaining analogies to explain. Chapter notes in an appendix present the mathematical formulas behind his descriptions, along with further (clear, simple) explanations.The book divides into three parts: The Old Way, The New Way, and The Way Ahead. The first part describes the history leading up to modern finance as still taught in most business schools. It describes contributions by key figures such as Louis Bachelier, Paul Samuelson, William Sharpe, Harry Markowitz, Myron Scholes, and Fischer Black. I found this summary quite interesting, a valuable lesson history. Although we learned MPT (modern portfolio theory) in my MBA finance classes, it's background and potential shortfalls were not addressed.The second part steps back to examine the nature of markets (turbulent, not Gaussian), identify contradictions between observation and modern theory (extreme events way more common than predicted), and then develop a better, multi-fractal (i.e. scalable) view of finance. Here Mandelbrot excels. Illustrations ("cartoons") help get points across while entertaining analogies (e.g. "Noah, Joseph, and Market Bubbles") and a true story of engineering genius (H.E. Hurst's analysis of Nile River floods) lead to insight into market trends useful to trend-followers.The third part looks to the future. It summarizes the previous material in "Ten Heresies of Finance" and points the way for future research.Overall, I loved this book. Obviously, Nassim Nicholas Taleb did too ("...the first book in economics that spoke directly to me.") It contains valuable information for every investor, professional or amateur, experienced or novice. Rather than something for advanced-level traders, I think it is the first book for anyone interested in investing or trading. It will open your eyes like no other, and inject a dose of realism and humility about money and markets that otherwise might cost a lot more than this book's price.

Great book (albeit incomplete if you're looking for definitive answers) that discusses the shortcomings of risk assessments for financial products and portfolios. As others have said, the author has posed several questions regarding the validity of financial practitioners' existing tools in corporate finance (valuation), options, and portfolio theory. One answer: multifractal theory; which the author posits could be the foundation for the next class of financial economists (best case).My key takeaway from this book is that market participants' tools underassess risk and thus market participants should be wary of becoming model-dependent.Additionally, supporting research and proofs are in the appendix or on the book's designated website for the more curious readers.

Mandelbrot sets out to demolish most of the theoretical bases of financial theory that led to several of the financial crises in the last several decades, foremost of which is that the random motions in prices of commodities and stocks can be assumed to be normally distributed. This sounds like an esoteric sort of argument, but anyone who wishes to win in any game of chance must have some solid notion of how to deal with risk. If one uses the standard model employing the normal (Gaussian) distribution, one will always underestimate the probability of rare events. This can lead to ruin, sometimes on a small scale. As an example, Mandelbrot talks about the rise and fall of the mother of all hedge funds - Long Term Capital Management which took a measly $3.6 billion bailout in the late 1990's because it underestimated risk. But it can happen on a much larger scale as in the crash of 2008 when many large financial institutions in the US held leveraged positions in mortgage security debt instruments. Long story short, everyone underestimated the risk of the unexpected happening, and it nearly crashed western civilization. The cost of that mistake will be measured in the $trillions.Mandelbrot goes through the models that set up the whole thing: Bachelier, Sharpe, Black-Scholes, and standard portfolio theory. He briefly discusses their power. It's a great, if somewhat sketchy overview of what tools financiers and bankers often use. But in each case, lurking in the background are the assumptions of normality in price movements, and of statistical independence between time periods and between different asset classes.There is no question that Mandelbrot proves that cotton price fluctuations are badly described by the normal distribution. The quantitative and qualitative information he brings to other asset classes is much less robust. He gives us very good arguments as to why other classes behave as does cotton; but It is hard to say that he brings the same level of quantitative rigor to these. For those of us who want the argument to end with everyone believing the fractal story, it's a bit of a disappointment. What he does do, though, is to describe the Cauchy distribution function which, with some slight generalizations can produce distribution functions that will accurately characterize time series price data whose variation obeys power-laws in the tails of the distribution. The upshot is that anyone with a solid understanding of college level statistics could go on to derive their own Black-Scholes formula.His publisher appears to have set two rules: 1) no math of any sort in the body of the book, and 2) only simple algebraic equations in the notes. These prohibitions have several consequences. One is that the book is quite readable to anyone, even someone who has not finished eighth grade algebra. A reader can get a vague sense for what Mandelbrot is saying without the math. The flip side is that people who have finished eighth grade algebra may find the arguments hand-wavy when they could be much more solid. Anyone who has a solid background in statistics is likely to be able to fill in the gaps much better, but they will find the arguments fall far short of the kind of proof that one would expect in a 300 page book written by a world-famous mathematician. The people who have studied Black-Scholes, understand its derivation, and use it everyday will likely want a little bit more data and a lot more math before they kill the beast that writes their paychecks. Specifically, they will want a replacement method, which Mandelbrot only hints at.I found the text here to be a little bit discursive and somewhat repetitive. I often enjoyed his anecdotes, but I did find myself skipping paragraphs, pages, and even chapters. I bought the book knowing that markets have fractal behavior, and hoping to be able to make my own mathematical models based on information in this book. It did allow me to make the intuitive connection between power-law behavior and fractal behavior. And I believe the book has gotten me to the point where I can do all the steps required to price risk and characterize random motions in the prices of assets; although I think a six page monograph that admitted mathematical notation would have been more than sufficient.

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• Ultra-handy, light format that fits into your pocket/handbag – discreet and useful. • Totally original and fresh content - sharp, pithy reviews that cut right to the jugular. • Contain everything you need to know and nothing you don’t - from hotels, bars, restaurants and clubs, to out of town activities, spa and beauty places. • Unique “by the hand” shopping itineraries that lead you to the streets and areas you’d simply never find as a visitor. LUXE takes you to the best of the best, and doesn't waste time on the mediocre. • In addition to over 20 resident contributors and the local residen

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Paperback: 22 pages

Publisher: Luxe Limited; 2 edition (July 1, 2014)

Language: English

ISBN-10: 9888132237

ISBN-13: 978-9888132232

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3 x 0.5 x 6 inches

Shipping Weight: 8.8 ounces (View shipping rates and policies)

Average Customer Review:

3.0 out of 5 stars

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Some useful suggestions, but presentation isn't user friendly and prose style needs a firm editorial hand.

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File Size: 796 KB

Print Length: 131 pages

Simultaneous Device Usage: Unlimited

Publisher: Tim Freke Publications (July 18, 2018)

Publication Date: July 18, 2018

Sold by: Amazon Digital Services LLC

Language: English

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Outstanding! After having read the Kybalion this book was so informative and enlightening. I am currently reading it a second time and finding new insights. If you are into New Age, new thought, pure mind, this book is a terrific guide.

I found this book interesting for getting the basic idea of what the Hermetica is.I guess some reviewers think it's too watered down and doesn't match the voluminous original texts. However I read one such book years ago which was overloaded with footnotes and sections written in the original language which unfortunately for me I am not fluent in. There's something to be said for creating an approachable introduction to such a metaphysical subject.The statements attributed to Thoth / Hermes in this book are very eloquent and poetic at times. He describes the universe as a goddess named Destiny who governs the stars and the constellations of the Zodiac. The Zodiac in turn governs the affairs of us mortals. On the day we are born the position of the constellations will foretell our destiny during this incarnation.I would like to find a good book about astrology that shows the connections between the Zodiac and Egyptian mysticism if anyone can think of one. I'm interested in what the 12 signs mean in relation to the effects of the constellations on the affairs of mortals.Some people see a connection between the Egyptian god Thoth and Christ like Thoth was Christ in another incarnation. Edgar Cayce stated that Thoth was the living embodiment of 'The Word' or something to that effect. The Gospel Of John describes Christ in that same way.Another possible connection with Christ is the way Thoth explained what the term 'born again' means. Christians use that term often but do they know what it really means ? Perhaps they do know but they usually won't explain it in terms of Egyptian mysticism.I believe Christ traveled to Egypt and studied with the Egyptian priests during the so called missing years that weren't captured in the bible. Christ experienced the Egyptian initiation rites I believe. If what some people believe is true it was Christ Himself who created the Egyptian priesthood and the initiation rites during his life experience as Melchizedek. Although who knows if Melchizedek and Thoth were even normal human beings. Perhaps they were something more.That's why Saint Augustine said that Christianity has always existed and is the one true religion. The authors show that quote in the introduction.It's an interesting theory that ancient and secret knowledge is passed along to a chosen few in every generation. Some people think that Pythagoras and Plato may have been two of those people.The search for the origins of philosophy will I believe lead us back to ancient Egypt and ultimately to Atlantis. Mythology is the common thread between all of the world's religions, even the evil ones like Satanism. Although I'm not sure that saying Satan is 'evil' is totally accurate either.Zeus, Osiris, Isis and those others are very real. Have no doubt about that.Edgar Cayce's Story of JesusInitiationInitiation in the Great Pyramid (Astara's library of mystical classics)The Lives of Edgar CayceEdgar Cayce's Past Lives of Jesus: An Amazing StoryFulcanelli: Master Alchemist: Le Mystere des Cathedrales, Esoteric Intrepretation of the Hermetic Symbols of The Great WorkEgyptian Heritage: Based on the Edgar Cayce ReadingsEdgar Cayce's Egypt: Psychic Revelations on the Most Fascinating Civilization Ever KnownThe Giza Power Plant : Technologies of Ancient EgyptAtlantis

Currently still reading this book. The information contained within is so helpful and insightful, that one can not just rush through the book.I normally devour books within a day (especially of this size), but with this one I have found myself reading just a 'chapter' and reflecting what was written.One can see a number of similarities with a few religions out there. As a very spiritually open person, I have always thought, one needed to make sure the information we receive resonates within ourselves.I started with the Kybalion by Three Initiates (also ordered here on Amazon), so this left me wanted to find out more. This book is well written, I will order more copies to give away

Although it would be nice to read it prior to its many translations, like Bible would be, this book still holds some pretty priceless wisdom. If listening to it audibly, one can easily lose track of which words are the "original" words of Hermes, and which are the expanded author commentary.

Hermes was clearly a great genius, but it's hard to know the precise meaning of the ancient writings, so scholars are prone to argue about translations. In my view, the arguments miss the point. Great truths resist translation to words, so we must use our intuition to ride along with the prose so we can receive enlightenment. Then our understanding can be filled in directly from source, within. In this version, I found the streaming lyrical script this author uses to be very inspiring and illuminating. I just like to keep this book around, pick it up now and then, and read. Hermes was what in India would have been called a guru, a sage, a mahatma, and he is talking about the living cosmos, the embodiment of awareness from top to bottom in this universe. He says the universe is breathing and singing, and in that divine vibration everything is happening. We are an intimate part of it, and knowing that is incredibly exciting. As above, so below. As without, so within. We are an atom in a galaxy, but within us are billions of tiny worlds as well. There is no end to the glory of Atum ( the one god and infinite spirit ). Every time I read this book I get a little more understanding. compare to Upanishads, the Yoga Sutras of Patanjali, and tibetan teachings about the nature of the cosmos. Wonderful book. If you also want a more scholarly approach to the complete teachings of Hermes, there are many other great titles.

If you are a hermetic or theology geek like myself, this book is awesome. Note, no mention of kaballa or memorizing tons of stuff. Just simple clear explanations.

Great book for all of those who want to learn the truth and to spirituality awake from the matrix and the material world we live in.

A very simple and basic book, one that I recommend, as I recommend all the books by this author. It proclaims the principles of a deeper understanding of our world, albeit on a very basic level. This book won't appeal to everyone. But those who understand the basics of spiritual living will find it valuable.

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, by Brendan Kane

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Product details

File Size: 586 KB

Print Length: 256 pages

Publisher: BenBella Books (October 9, 2018)

Publication Date: October 9, 2018

Sold by: Amazon Digital Services LLC

Language: English

ASIN: B07B26Q19V

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Amazon Best Sellers Rank:

#14,967 Paid in Kindle Store (See Top 100 Paid in Kindle Store)

The book has some good tips, but you have to really want it. You need to wade through all these stories that wined and twist that have no real value to get to the information. Took me two days to get through it and I had only a few pages of useful info. Over priced and lots of page filler.This could have been a 50 page book instead of 230 of useless drek,

As a creative director, writer and brand marketer, I'm always looking at books like this; namely, the ones that make big promises that they'll show me something new, something simple, something vital that I've been missing in this world of branding technology that is incredibly difficult to keep up with. Yes, they usually leave me wanting in one way or another, but not this time. Kane simply delivers. He breaks everything down in an organized manner, and delivers the tips and tricks you'll need (if you're reading this review, you must need them) to grow your effort, passion or brand.In the end, you're simply going to have to do the work. While it won't always be fun, it should always be fulfilling. Whatever you're here for, make sure it's true calling. Be dead certain that this is your passion. If it really is, and you're smart enough to read Kane's book, you're going to win. And big.

There are hundreds of "how-to" books that have been written about leveraging social media, but there are three reasons why One Million Followers should be the first one that you read:1. Experience.Brendan has worked with some of the world's most recognizable celebrities and corporations. If they trust his expertise and advice, you should, too.2. Easy to understand.If you're not a millennial, social media may seem a bit frightening to use but it's clear that in today's era there's no better way to reach a wide audience in such a quick and cost-efficient manner. It's one thing to understand how to harness the power of social media, but it's another thing to be able to explain it clearly and concisely without lots of confusing technical jargon. One Million Followers is easy to read and understand so that anyone from an intelligent child to an aging baby boomer can implement Brendan's advice immediately.3. More than just theory.Brendan practices what he preaches here. All of his advice has been tested in the real world. In fact, before he wrote this book he wanted to see if his methods would work for those who don't already have a large following -- and he gained a million real followers in just one month. The word "real" is an important distinction. Anyone can get a million bots to follow them. This book isn't about how to do that. It'll teach you how to learn what your audience wants and tailor your social media strategy accordingly. And the best part is that Brendan's strategies will work for anyone --whether you have currently one follower or 100,000 -- he'll teach you something new that will completely change the way you interface with your audience.I manage communications and social media for a large, nationally-recognized nonprofit with over 100k followers, and this is easily my favorite book about digital communications. Do yourself a favor and read this one before the others -- chances are, it'll be the only book you'll need to read.

Brendon Kane's book, One Million Followers, delivers on its promise and I am immersed in learning from this book. First, I must tell you that I have no idea what to do in the social media marketing world, I am a social worker and want to build a following for my children's life-skills business. I just assumed that I'd write some post and boost it and hope people would follow. Now, after reading this book, I'm very clear on my strategy, because this book is very clear on step by step instructions. The writing and organization of the book make sense, which is a great sign because the strategies in the book, on writing and being organized in your approach, are paramount to my success.I feel like I've discovered a secret recipe and am a bit surprised, happily, that Brendan is sharing his top-notch approach with the world. I will be launching my new business in March 2019 and will be implementing these strategies in early 2019 to gain a FB following. I will write a follow up review for everyone to let you all know how it goes. For now, I highly recommend this book. It has educated and changed the way I think about marketing in social media and gaining followers on FB.

I’ve known about Brendan’s work for a couple of years and knew he did strategy for Taylor Swift, Rihanna, Katie Couric, pro athletes and some of the world’s biggest brands. He’s the real deal. He’s the mind behind some of the best social campaigns out there and a top speaker. This is a practical “how-to” book on tested strategies that work from some of the best out there. Now we all get to apply these strategies and make major impact with our own platforms. It’s easy to read and inspiring. If you apply his strategies, they work.

I had no idea there were so many ways to enhance a following and for me knowing just to know how to approach Facebook is a blessing. I am very grateful for this informative book. Now I have to decide to do the work.

I'm fairly new to Brendan's world. It wasn't the celebrity or fortunate 500 that drew me in. It was his honest, simple, and generous sharing of information that you will find in this book.Brendan makes it clear, and he's right, it's going to take a lot of work. But his know-how and tips will allow you to bypass hours of figuring things out and get right to the real work.

Seriously one of the best resources for cracking social media. The knowledge Kane shares is incredibly up to date and that of a professional in the field unlike a lot of the BuzzFeed writers that write these type of books.

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Free Download Botany at the Bar: The Art and Science of Making Bitters

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Botany at the Bar: The Art and Science of Making Bitters

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About the Author

RACHEL MEYER, PhD, is a plant evolutionary biologist at NYU who specializes in the evolution of food. She works to show you every plant with an adaptation that leads to flavorful or medicinal properties, and explains how it came about in the first place. ASHLEY DUVAL, MESC, works at the Yale School of Forestry & Environmental Studies in plant conservation and consults on international agriculture. SELENA AHMED, PhD, is an Assistant Professor of Sustainable Food Systems at Montana State University examining the ecological, cultural, and health aspects of food systems with expertise in tea agro-forests of China.

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Product details

Hardcover: 192 pages

Publisher: Roost Books (July 2, 2019)

Language: English

ISBN-10: 1611804981

ISBN-13: 978-1611804980

Shipping Weight: 13 ounces (View shipping rates and policies)

Average Customer Review:

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Amazon Best Sellers Rank:

#735,811 in Books (See Top 100 in Books)

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About the Author

Alain Grée is a French author and illustrator of children’s books. He has had over 300 books published, which have been translated into 20 different languages. He has also worked as a children’s broadcaster on French national television, produced three detective novels, ten ship navigation books and been a journalist for 20 years for Voiles et Voiliers (sailing ships) magazine.

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Product details

Age Range: 2 - 5 years

Grade Level: Preschool - Kindergarten

Hardcover: 48 pages

Publisher: Button Books (May 12, 2015)

Language: English

ISBN-10: 1908985364

ISBN-13: 978-1908985361

Product Dimensions:

9.5 x 0.8 x 10.5 inches

Shipping Weight: 1.1 pounds (View shipping rates and policies)

Average Customer Review:

5.0 out of 5 stars

4 customer reviews

Amazon Best Sellers Rank:

#487,741 in Books (See Top 100 in Books)

This book is so cute. I love the colors and my son loves the smiling faces. I think it’s good for a range of ages. The outside of the book is a very nice embossed cloth bound hardcover. It gives it a classic timeless feel. The dustjacket for the book has printing on the inside so that it can double as a poster. I’ve actually never seen this done on any book. We will definitely be buying more from Alain Grée. Hopefully we can buy the whole set.

This book is amazing! Well made and beautiful illustrations. Book jacket doubles as a wall poster on the inside and front page has a textured "this book belongs to" sticker

A beautifully illustrated book. I highly recommend for the 0-5 year age group.

Such adorable illustrations! I am very happy with this purchase.

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