Category Archives: Uncategorized

How much risk was this woman taking? How would one measure it? There were 40 some people in our group when my wife had this picture taken and nobody got gored. So, was this a riskless transaction? Just because you … Continue reading →

All of us who try to manage uncertainty in financial decisions face the problem of describing that uncertainty.  To the extent that we can improve on the accuracy of that description we can produce better results for our clients.  Professor … Continue reading →

A recent article in Pensions & Investments (8/19/2011 pg 19) gives several reasons why absolute returns are just another Wall Street marketing gimmick: they didn’t work in 2008 and there are a wide range of strategies called Absolute Return Strategies.  … Continue reading →