Didier Sornette Quotes

Most Famous Didier Sornette Quotes of All Time!

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Last Updated on May 30, 2021

Growth Rate
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Nov 07, 2020

When herding behaviour among investors ramps up, a stock's or index's growth rate can increase faster than exponentially, leading to more herding. This positive feedback brings the system to a tipping point. About two-thirds of the time, a crash results.

Growth
|
Nov 07, 2020

Economic theory dictates that the value of a company is basically the present value of its future profits. To estimate Facebook's value through its future profits, we need to have a view on its user growth and how this will evolve in the next 10 to 50 years.

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