Practical analysis for investment professionals

risk management


Radical Uncertainty in Finance: Why Modern Finance Keeps Failing

We need to reject the mirage Modern Finance projects on the market and revive a commonsense approach to uncertainty.

Option Traders and the 2020 Presidential Election

What can options tell us about expectations and positioning ahead of the 2020 US election?

Marko Papic: Geopolitical Forecasting in Volatile Times

Marko Papic believes investors can prepare for geopolitical events and beat the market while they’re at it.

Radical Uncertainty in Finance: The Origins of Probability Theory

How did modern society succumb to the illusion that uncertainty can be transformed into calculable risks?

Living with Risk: The COVID-19 Iceberg

Utilitarian calculus is not the right lens through which to view the COVID-19 dilemma. It is the only lens.

Annie Duke and Morgan Housel: Three Tools for Navigating Risk and Uncertainty

"The best way that you can be a decision maker in this type of environment is not to demand certainty."

What Is an Asset Class?

The economy has only a handful of truly fundamental drivers that influence different asset classes.

Book Review: Risk Management Competency Development in Banks

Risk management at banks — especially in a post-financial-crisis world — is a topic of critical importance to investors and regulators.

The Bezzle and the Central Banks

In today's bull market, the bezzle, or "inventory of undiscovered embezzlements," isn't stocked with Ponzi schemes and the like. Rather it is built on the notion that risky assets have become practically risk-free.

Howard Marks, CFA: Getting the Odds on Your Side

What are two of the most important things an investor needs to do to succeed? Howard Marks, CFA, offered his perspective.



By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close