Author of the very informative. The Black Swan, comments on the banking industry.
Basic summary: Value at Risk, known by many professional traders, utterly ignored by large banks due to consequential socialist, bail out efforts.
More comments on stimulus packages and free markets.
Tuesday, September 15, 2009
Nassim Talen on quantitative risk
Subscribe to:
Post Comments (Atom)
1 Reflections:
nice post adn find. Refreshing to see Nassim in a calm forum discussing things in a measured tone.
Post a Comment