Extreme events : robust portfolio construction in the presence of fat tails /

"With slight exaggeration, a case can be made that modern finance has been built, in practice, if not in theory, on implicit tolerance and widespread ignorance of extreme events. Jean Pierre Landau, Deputy Governor, Banque du France Markets are fat-tailed; extreme outcomes occur more often than...

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Bibliographic Details

Main Author:	Kemp, Malcolm H. D.
Format:	eBook
Language:	English
Published:	Hoboken, N.J. : Wiley, 2011.
Subjects:	Exchange traded funds. Portfolio management.
Online Access:	Connect to the full text of this electronic book