Todd Moses

Why Most Software is Broken

While technology has made things better we cannot help but think about all of the time lost and money wasted due to bugs in the software we use daily. However, this is minuscule when it comes to financial applications.

How Markets Crash

Known as Black Monday, the Dow Jones Industrial Average plunged over 20% within a few hours. Once graphed, the pattern revealed startling similarities with the first Black Monday of 1929.

A Theorem for All Markets

Benoit Mandelbrot, the inventor of fractal geometry, admits that markets like the natural world defy easy explanations. He explains in his 2004 book, (Mis)behavior of Markets: A Fractal View of Financial Turbulence, that markets revert to the mean.

Seven Growth Strategies from McDonald's

Ray Kroc turned McDonalds from a single hamburger stand to the most successful fast food restaurant in the world. However, it almost never happened.