“If I have seen further it is by standing on the shoulders of giants.”
-Isaac Newton
Notable Works
The Theory of Speculation (1900)
Louis Bachelier
The Variation of Certain Speculative Prices (1963)
Benoit Mandelbrot
The Behavior of Stock Market Prices (1965)
Eugene F. Fama
The Distribution of Share Price Changes (1972)
Peter D. Praetz
Option Pricing When Underlying Stock Returns are Discontinuous (1975)
Robert C. Merton
Are Stocks Really Less Volatile in the Long Run? (2011)
Lubos Pastor and Robert F. Stambaugh
Probability, Risk, and Extremes (2017)
Nassim Nicholas Taleb