By one estimate, 90% of international transactions were accounted for by trade before 1970, and only 10% by capital flows. Today, despite a vast increase in global trade, that ratio has been reversed, with 90% of transactions accounted for by financial flows not directly related to trade in goods and services. - Didier Sornette

The same basic ingredients are found repeatably: Read more
Indeed, the frequency of crashes in the Monte Read more
The acceleration of the number of traders buying Read more
In order to have a continuing influence, the Read more
The price of a stock is strongly influenced by Read more
Finally, empirical data suggests that assets are Read more
One trader's move in the market can be Read more
Faster-than-exponential growth also occurs in Read more
The assumption of perfectly rational, maximizing Read more
The incentives that people need to work and to Read more
Perhaps the most profound synthesis of physical Read more
The phenomena and underlying mechanisms discussed Read more
Indeed, the financial world is such that any Read more
Being the source of goodness, God, even after our Read more
Knowledge is encoded in models. Models are Read more
Oh I am what I am I'll do what I want But I Read more
Profiting from being in the minority leads to Read more
If you were a king up there on your throne would Read more
It is difficult to assess how much this gambling Read more
My tea's gone cold, I'm wondering why I got out Read more
These rumors do not circulate in all directions Read more
If you gave me just a coin for every time we say Read more
The old Wall Street saying " buy on rumors, sell Read more
Why don't I watch the ocean? My lover's gone Read more