Browsing: fat tails

Posts Tagged ‘ fat tails ’

Taleb: What Size Tail Does the Smart Money Bet On?

Jan 28th, 2020 | Filed under: Newly Added, Machine Learning, The A.I. Industry, Financial Economics Theory, Risk management, Behavioral finance, Risk Management Strategies & Processes, Finance & Economics, Other Topics in A.I.

Statistician/philosopher Nassim Nicholas Taleb critiques “behavioral” economics and finance as he looks at the differences between “binary forecasts” and “real world payoffs,” in a recent paper for the International Journal of Forecasting. Much of the argument will be familiar to those who have some acquaintance with Taleb’s work as itRead More

Credit Suisse: Making Fat Tails Work for You

Apr 25th, 2012 | Filed under: Derivatives, Alpha Strategies

The new normal, on Thambiah’s and Foscari’s account, includes an enhanced role by central banks, implementing monetary policies through open market operations, closer interconnections of banking institutions worldwide, much painful deleveraging, and persistently high levels of unemployment. Read More