Take 15: Modern Portfolio Theory and Behavioral Finance: The Mathematics of Turbulence (Video)
Kent Osband, principal at RiskTick, offers that the mathematics of turbulence provides a mathematical framework for bridging modern portfolio theory’s rationalism with behavioral finance’s irrationalism.
This episode of the Take 15 Series was originally released on 3 April 2013.
Are you viewing this post on a mobile device? Download the CFA Institute app from the App Store or Google Play to watch this and other videos.
Please note that the content of this site should not be construed as investment advice, nor do the opinions expressed necessarily reflect the views of CFA Institute.