| #1723084 in eBooks | 2012-01-06 | 2012-01-06 | File type: PDF||2 of 2 people found the following review helpful.| A good start|By Dr. Lee D. Carlson|The first thing that can be said about this book is that it is not really that critical about the use of mathematical modeling in finance. Quite the contrary, it offers the reader many valuable insights into some of the mathematical concepts used in mathematical finance that may not be found in the usual books on the subject. If readers can ge|From the Back Cover||Tail risks are rare, high-impact events manifested at the far ends of a probability distribution. Left alone, they occur naturally and the market adjusts accordingly. However, statistical modeling expert Jeff McGinn argues that central banks
Reshape your investing strategy for an increasingly uncertain world
“An engrossing, fast-paced, terrific read for anyone interested in the financial imbalances due to too much reliance on math and too little respect for indeterminacy.” —Tyler Durden, ZeroHedge.com
The world does not unfold according to a fixed set of rules. It is a dynamical system whose evolution looks like a bell curve with fat “tails.”...
You easily download any file type for your gadget.Tail Risk Killers: How Math, Indeterminacy, and Hubris Distort Markets | Jeffrey McGinn. I was recommended this book by a dear friend of mine.