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The phenomena and underlying mechanisms discussed in this book may thus become even more relevant to a larger and larger portion of human activity. Understand their origin, and be prepared for subtle but significant precursors!
Didier Sornette
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The acceleration of the number of traders buying into the market in the inflating bubble captures the oft-quoted observation that bubbles are times when the "greater fool theory" applies.
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Didier Sornette
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Born:
June 25, 1957
(age 66)
Bio:
Didier Sornette is Professor on the Chair of Entrepreneurial Risks at the Swiss Federal Institute of Technology Zurich.
Known for:
Why Stock Markets Crash (2003)
Theory of Zipf's Law and Beyond (2009)
Most used words:
investors
behavior
exponential
crashes
market
traders
faster
trade
frequency
view
rumors
stock
relevant
growth
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