financial models
Validation of Risk Management Models for Financial Institutions, through a set of thoughtful articles, describes how effective structuring and testing of the modeling techniques used in risk management can support better financial decision making.
Jason Voss, CFA, provides his picks for this week's edition of Weekend Reads. This post-US presidential election pick-me-up features principles of non-violent communication, the dangers of p-values, time crystals, and more.
Investment professionals recognize that the markets are messy places, filled with less than rational participants. From their perspective, this can obviate any further discussion about the value of academic finance and its models. But this puts too high a threshold on the measure of academia.
Thinknum is an open architecture, distributed computing site for aggregating financial data and financial models. Here is an interview with their founders, Justin Zhen and Gregory Ugwi.
Today retirees face five perils: inflation, investment, longevity, withdrawal, and healthcare risk. Providend CEO Christopher Tan says retirees need a plan not only to cope with these risks but also to provide reliable income.