Everything Is Rosy Now
âCapital markets are great shortâterm error correctors and poor longâterm predictors,â writes Kent. He calls the combination ârational myopia.â
View ArticleCars
Porsche arrives with its first allâelectric car for those who can't take Tesla seriously enough.
View ArticleThe skewed world of Jan Darasz
Wilmott, Volume 2020, Issue 105, Page 72-72, January 2020.
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Richard Feynman on the Distinction between Future and Past
“We have a different kind of awareness about what might happen than we have of what probably has happened”Continue reading on Cantorâs Paradise »
View ArticleCounterparty Credit Limits: An Effective Tool for Mitigating Counterparty...
A counterparty credit limit (CCL) is a limit imposed by a financial institution to cap its maximum possible exposure to a specified counterparty. Although CCLs are designed to help institutions...
View ArticleSharpe Ratio in High Dimensions: Cases of Maximum Out of Sample, Constrained...
In this paper, we analyze maximum Sharpe ratio when the number of assets in a portfolio is larger than its time span. One obstacle in this large dimensional setup is the singularity of the sample...
View ArticleRisk Loadings in Classification Ratemaking. (arXiv:2002.01798v1 [stat.AP])
The risk premium of a policy is the sum of the pure premium and the risk loading. In the classification ratemaking process, generalized linear models are usually used to calculate pure premiums, and...
View ArticleRental Housing Spot Markets: How Online Information Exchanges Can Supplement...
Traditional US rental housing data sources such as the American Community Survey and the American Housing Survey report on the transacted market - what existing renters pay each month. They do not...
View ArticleOn Shortfall Risk Minimization for Game Options. (arXiv:2002.01528v1 [q-fin.MF])
In this paper we study the existence of an optimal hedging strategy for the shortfall risk measure in the game options setup. We consider the continuous time Black--Scholes (BS) model. Our first result...
View ArticleDrilling and Debt
ABSTRACT This paper documents a previously unrecognized debtârelated investment distortion. Using detailed projectâlevel data for 69 firms in the oil and gas industry, we find that highly levered...
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Employees: the missing link between stakeholder capitalism’s pledges...
On the eve of the World Economic Forum’s 50th annual meeting in Davos, I wrote about the need for well-intentioned corporations seeking to lead a new era of stakeholder capitalism to convincingly...
View ArticleJPMorgan’s Role in Metals Spoofing Is Under U.S. Criminal Probe
This is worrying. If JPMorgan really has been manipulating the silver market, as conspiracy theorists have been saying for years, then there's a chance theâ¦
View Articleopenai/spinningup
openai / spinningup An educational resource to help anyone learn deep reinforcement learning.https://t.co/Ua6kvP3e7G â Python Hub (@PythonHub) February 6,â¦
View ArticleBlockchain solutions that could come to market in 2020
#Blockchain solutions that could come to market in 2020 #crypto #cryptocurrency #Bitcoinnews #bitcointrading #BitcoinETFhttps://t.co/AMXDnZQg4A â Lykkeâ¦
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