Didier Sornette Quote

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.


Chapter 6, Hierarchies, Complex Fractal Dimensions, And Log Periodicity, p. 185. - Why Stock Markets Crash - Critical Events in Complex Systems (2003)

Picture Quote 1

The acceleration of the number of traders buying into the market in the inflating bubble captures the oft-quoted observation that bubbles are times...

Picture Quote 2

The acceleration of the number of traders buying into the market in the inflating bubble captures the oft-quoted observation that bubbles are times...

Picture Quote 3

The acceleration of the number of traders buying into the market in the inflating bubble captures the oft-quoted observation that bubbles are times...

Picture Quote 4

The acceleration of the number of traders buying into the market in the inflating bubble captures the oft-quoted observation that bubbles are times...