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This international bestseller, which foreshadowed a market crash,
explains why it could happen again if we don?t act now. Fractal
geometry is the mathematics of roughness: how to reduce the outline
of a jagged leaf or static in a computer connection to a few simple
mathematical properties. With his fractal tools, Mandelbrot has got
to the bottom of how financial markets really work. He finds they
have a shifting sense of time and wild behaviour that makes them
volatile, dangerous - and beautiful. In his models, the complex
gyrations of the FTSE 100 and exchange rates can be reduced to
straightforward formulae that yield a much more accurate
description of the risks involved.
What does it take to build powerful, positive beliefs and pass them
on to your children? Parents face a multitude of challenges to do
this in today's shifting moral climate. It's Time to Draw the Line
shows parents how to increase their influence and connect with
their children, even in the face of a persistent, pervasive, and
often perverse media onslaught. Richard L. Hudson has written this
book for parents who want to teach their children values and
character to set them up for life. It's Time to Draw the Line draws
on Rich's more than two decade study of beliefs and his 15 years of
coaching CEOs and Managing Directors around the world. Just as he
taught executives to "invest" in powerful beliefs, Rich shows
parents simple, direct steps to begin drawing lines to build
beliefs, values, and character to pass on to their children. One of
the Founding Fathers, John Adams, said that the foundation of the
nation is national morality and that this foundation is laid down
in the family. National morality-the public and private virtue-is
what Rich says is our true national treasure. Parents can only give
away what they own, and It's Time to Draw the Line provides parents
a way to build a portfolio of powerful beliefs to pass on to their
children-The Ultimate Legacy(tm).
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