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Transcript: Jeffrey Becker, Jennison Associates Chair/CEO

The Big Picture

You get a bachelor’s in economics from Colgate and then an MBA in finance from NYU Stern. I was an economics and English major. 00:27:56 [Speaker Changed] So let’s talk a little bit about risk management. What we want to protect against is unintended risk. So let’s start with your background.

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Transcript: Sander Gerber, CEO and CIO Hudson Bay Capital

The Big Picture

In other words, the models assume a normal distribution of returns, but when you get into some kind of event, it’s no longer a normal distribution returns. That’s a barbell distribution. As opposed to normal distribution. And risk is not about not losing money. Worst case downside. Exactly right.

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NOW 2018 | The Economic Imperative of Climate Action

Brown Advisory

NOW 2018 | The Economic Imperative of Climate Action achen Wed, 05/30/2018 - 16:35 According to recent Gallup polls, 68 percent of Americans believe global warming is caused by human activities. He told us that Bob Litterman, a top risk management professional at Goldman Sachs, changed his mind. “[Bob]

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NOW 2018 | The Economic Imperative of Climate Action

Brown Advisory

NOW 2018 | The Economic Imperative of Climate Action. The speakers on the NOW 2018 panel "The Economic Imperative of Climate Action," are in the business of providing policy, investment, and data-driven solutions for the climate change crisis. Wed, 05/30/2018 - 16:35. But uncertainty is a reason to hedge.

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Jackson Hole – The Future of Inflation and Interest Rates

Discipline Funds

Powell had a great line here where he said “we are navigating by the stars under cloudy skies” His emphasis here is on risk management. He’s not quite sure where the bigger risk is at this point. He acknowledges that overtightening creates deflation risks while remaining too loose creates inflation risks.

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Is Momentum Misunderstood?

The Irrelevant Investor

Perhaps this is true; momentum investing doesn’t require the analysis of macro-economic conditions or deep dives into a company’s balance sheet. This alone doesn't tell the whole story and in order to make the point, it's more helpful to look at the distribution of returns. Markets that are trending higher tend to have less tail risk.

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Chimp-Throwing Darts: Problems with Expert’s Future Predictions

Risk Management Guru

Recently I stumbled upon a great source of risk related concepts after listening to an episode of The Knowledge Project podcast which featured a guest, I was unfamiliar with. But for even this educated group how many future economic events would they bet the farm on and come out on top as they did before?