January 2012
Intermediate to advanced
384 pages
8h 36m
English
Content preview from Tail Risk Killers: How Math, Indeterminacy, and Hubris Distort MarketsBecome an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,







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Contents
CHAPTER 1 Default-Cost Asymmetry: Humpty Dumpty Was Pushed
CHAPTER 2 Risk-Minimal Trade Construction: Treasuries Since 1798 and Gold
CHAPTER 3 Par Value during the Black Plague: Treasuries Are Financial Teflon
CHAPTER 4 Stretch to the Farthest Point Known: Thoughts on a Hyperinflation Event
CHAPTER 5 The Macreconomics of Decontrol: Multisigma Sovereign Risk
CHAPTER 6 Weightless Waiting for the Deflation Descent
CHAPTER 7 Disintegration and Securitization
CHAPTER 8 Coming to Grips with Austerity
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