Didier Sornette Quote

In order to have a continuing influence, the stock market has to continue rising at an accelerating pace faster than exponential. Only a faster-than-exponential stock market growth makes private investors feel richer.


Chapter 10, 2050: The End Of The Growth Era?, p. 375 - Why Stock Markets Crash - Critical Events in Complex Systems (2003)

Picture Quote 1

In order to have a continuing influence, the stock market has to continue rising at an accelerating pace faster than exponential. Only a...

Picture Quote 2

In order to have a continuing influence, the stock market has to continue rising at an accelerating pace faster than exponential. Only a...

Picture Quote 3

In order to have a continuing influence, the stock market has to continue rising at an accelerating pace faster than exponential. Only a...

Picture Quote 4

In order to have a continuing influence, the stock market has to continue rising at an accelerating pace faster than exponential. Only a...