Conquering the Seven Faces of Risk

Conquering the Seven Faces of Risk
Author :
Publisher : Bookbaby
Total Pages : 0
Release :
ISBN-10 : 154391375X
ISBN-13 : 9781543913750
Rating : 4/5 (750 Downloads)

Book Synopsis Conquering the Seven Faces of Risk by : Scott Juds

Download or read book Conquering the Seven Faces of Risk written by Scott Juds and published by Bookbaby. This book was released on 2017-11-16 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Risk is not a one-dimensional problem cured by a single dose of diversification. It's a multidimensional problem, and diversification's passive risk reduction is only just the start. At least since Markowitz developed Modern Portfolio Theory 65 years ago, risk has generally been measured as the standard deviation from average return. However, Behavioral Economics (and even the dictionary) say risk is really about the loss of value, which is quite different from volatility. Risk has at least seven unique faces, including (1) Single-Stock Risk, (2) Market Volatility, (3) Bear Market Crash, (4) Momentum Loss, (5) Backtesting Deception, (6) Strategy Hired/Fired Late, and (7) Retirement Savings Will Not Be Enough. The elephant in the room for the majority of people facing retirement is a serious retirement savings shortfall - which makes their most serious risk about earning sufficient returns. Fortunately, a Royal Society Fellow, a National Medal of Science winner, and a trio of Nobel Laureates have laid the foundation for active risk reduction and forever changed the game. This book intends to shake the very foundation of the sleepy momentum mono-culture that seems happily mired in decades-old, simplistic, risk models that not only fail to treat momentum as the multi-faceted problem it is, but also fail to consider fundamental signal processing methods (older than Modern Portfolio Theory) that reduce the "random walk" part of the signal and improve the probability of making a better investment choice. The good news is two-fold: (1) the book's principles and methods are described in a manner most ordinary investors will easily grasp, and (2) while it is truly complicated under the hood (like my car), software tools make it easy to drive. So, buckle up, turn the page, and let's go for a ride!


Conquering the Seven Faces of Risk Related Books

Conquering the Seven Faces of Risk
Language: en
Pages: 0
Authors: Scott Juds
Categories: Business & Economics
Type: BOOK - Published: 2017-11-16 - Publisher: Bookbaby

GET EBOOK

Risk is not a one-dimensional problem cured by a single dose of diversification. It's a multidimensional problem, and diversification's passive risk reduction i
Risk Management in Crisis
Language: en
Pages: 253
Authors: Piotr Jedynak
Categories: Business & Economics
Type: BOOK - Published: 2021-08-19 - Publisher: Routledge

GET EBOOK

Risk management is a domain of management which comes to the fore in crisis. This book looks at risk management under crisis conditions in the COVID-19 pandemic
Risk It All
Language: en
Pages: 233
Authors: Katie Ruggle
Categories: Fiction
Type: BOOK - Published: 2019-12-31 - Publisher: Sourcebooks, Inc.

GET EBOOK

Full of humor and danger, romance and intrigue, Risk it All is for fans of: Romantic suspense with a quirky small town feel Mountain men wrapped in flannel A sl
The Millennial Advantage
Language: en
Pages:
Authors: Jason Kirsch
Categories: Business & Economics
Type: BOOK - Published: 2016-11-01 - Publisher: Grow, LLC

GET EBOOK

An Investment Book for Millennials
Night Film
Language: en
Pages: 782
Authors: Marisha Pessl
Categories: Fiction
Type: BOOK - Published: 2013-08-20 - Publisher: Bond Street Books

GET EBOOK

On a damp October night, the body of young, beautiful Ashley Cordova is found in an abandoned warehouse in lower Manhattan. By all appearances her death is a su