Burton Malkiel wrote "A Random Walk Down Wall Street" which tells us there's no way for us to make money picking stocks. It's a load of baloney. This blog intends to prove why. Based on these findings ...

The dynamics of many natural and artificial systems are well described as random walks on a network: the stochastic behaviour of molecules, traffic patterns on the internet, fluctuations in stock ...

Random walks and percolation theory form a fundamental confluence in modern statistical physics and probability theory. Random walks describe the seemingly erratic movement of particles or entities, ...

We study limit laws for simple random walks on supercritical long-range percolation clusters on ℤ d , d ≥ 1. For the long range percolation model, the probability that two vertices x, y are connected ...

We study the asymptotic behavior of a multidimensional random walk in a general cone. We find the tail asymptotics for the exit time and prove integral and local limit theorems for a random walk ...

"A Random Walk Down Wall Street" is an influential stock market and investing related book written by Burton Malkiel, a leading economist, professor and former director of the Vanguard group and ...

An investment theory which claims the financial markets move up and down at random. Investors subscribing to the theory believe that historical price movements and trends provide no indication of ...

Why is it that when you walk randomly, the more you walk, the farther you get from your starting point? The Quanta Newsletter ...

IN 1905, Albert Einstein published five papers that shook the world of physics. His elegant arguments and conclusions were marvels of physical intuition that addressed dilemmas raised by experimental ...