Jun

5

M. F. M. Osborne

June 5, 2024 |

M. F. M. Osborne. works on farm for free. uses his strength to go on anthropological dig. purposely spends 1 month in jail. graduate degree at Lick Obs. in Berkeley. becomes student of Oppenheimer who was smartest man at School. takes job at US Naval Research in sound division. writes scenes from life of the greatest contributor to random walk behavior.

while carrying his bio around, I fell down 7 stairs on my head onto concrete and all pages mixed up.

Brownian Motion in the Stock Market, M. F. M. Osborne.

It is the purpose of this paper to show that the logarithms of common stock prices can be regarded as an ensemble of decisions in a statistical steady state and that this ensemble of logarithms of prices, each varying with the time, has a close analogy with the ensemble of coordinates of a large number of molecules. We wish to show that the methods of statistical mechanics, normally applied to the latter problem , may also be applied to the former.

Vic's twitter feed


Comments

Name

Email

Website

Speak your mind

Archives

Resources & Links

Search