Archive for the tag 'Finance'
We will never have a perfect model of risk. — by Alan Greenspan
Chris F. Masse March 17th, 2008
The most credible explanation of why risk management based on state-of-the-art statistical models can perform so poorly is that the underlying data used to estimate a model’s structure are drawn generally from both periods of euphoria and periods of fear, that is, from regimes with importantly different dynamics.
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The Best Finance Bloggers
Chris F. Masse November 15th, 2007
10Q Detective Abnormal Returns Bespoke Investment Group The Big Picture Mebane Faber Footnoted.org Infectious Greed Jeff Matthews Jeff Miller The Kirk Report Marginal Revolution David Merkel The Mess That Greenspan Made Random Roger’s Big Picture Felix Salmon The Stalwart Wall Street Folly
