• Bots
  • Nasdaq
  • Alpha
  • Research
  • Blog
  • My Bots
  • About
  • Contact
  • Privacy
  • Terms
AlphaBlock
  • Bots
  • Nasdaq
  • Alpha
  • Research
  • Blog
  • Log in

The TIME Translation

Mukul Pal · May 30, 2009

timetranslation
Extending time fractals to explain the transformation of the bell curve into the Pareto principle reconciles the 150 year efficient and inefficient market debate.
Robert Brown, a Scottish botanist observed the random Brownian motion nearly 250 years back. Nearly the same time Carl Gauss, also known as the Princeps mathematicorum (prince of mathematicians) created the bell curve. After 100 years Louis Bachelier connected these two great works by pioneering the study of financial mathematics and stochastic processes. Bachelier also referred to as the father of modern finance inspired the efficient school.
In a similar time frame Vilfred Pareto with his Pareto distribution started the work on fractional Brownian motion. One can easily generate a random sample from Pareto distribution. Bachelier and Pareto were on two sides of the Brownian randomness. What started from Robert Brown split into the efficient and inefficient school of thought.
 

The TIME Translation
CHANNELS.INDIA – EARLY ECONOMIC UPDATE

Primary

Categories

  • Forecasts
  • News
  • Primers
  • Research
  • RMI
  • Visuals

Blog Archives

  • 2019 (1)
  • 2018 (2)
  • 2017 (21)
  • 2016 (32)
  • 2015 (21)
  • 2014 (13)
  • 2013 (116)
  • 2012 (231)
  • 2011 (542)
  • 2010 (969)
  • 2009 (733)
  • 2008 (79)
  • 2007 (36)
  • 2006 (4)
  • 2005 (1)

Recent posts

  • SWOT your AI
  • Real Ventures invests in AlphaBlock
  • Nasdaq RMIVG20 nears 80%
  • Nasdaq Orpheus RMIVG20 makes a new high.
  • Nasdaq Orpheus RMIVG20 up 60%

©2025 AlphaBlockalphablock

  • About
  • Contact
  • Privacy
  • Terms