| #768769 in eBooks | 2013-12-27 | 2013-12-27 | File type: PDF||4 of 4 people found the following review helpful.| This is the one to read if you want to be "lucky"|By Lee|I have worked in institutional funds management for 35 years, on both the sell side as a financial engineer, and on the buy side as a portfolio manager. Early on I managed a team that created one of the first VAR systems, and later I learned why a good VAR model is necessary, but not sufficient, to understand the risks em|From the Back Cover||Investors know that just one severe market shock may be terminal for a financial plan. To retain a portfolio's hard-won value, asset managers need to supplement traditional risk management paradigms with a forward-thinking, "just-in-case" st
"TAIL RISKS" originate from the failure of mean reversion and the idealized bell curve of asset returns, which assumes that highly probable outcomes occur near the center of the curve and that unlikely occurrences, good and bad, happen rarely, if at all, at either "tail" of the curve. Ever since the global financial crisis, protecting investments against these severe tail events has become a priority for investors and money managers, but it is something Vineer Bhansal...
You easily download any file type for your gadget.TAIL RISK HEDGING: Creating Robust Portfolios for Volatile Markets (Professional Finance & Investment) | Vineer Bhansali. Just read it with an open mind because none of us really know.
