Pandora's Risk: Uncertainty at the Core of Finance by Kent Osband

是 否 +2 论坛币

k人 参与回答

经管之家送您一份

应届毕业生专属福利!

求职就业群

赵安豆老师微信：zhaoandou666

经管之家联合CDA

送您一个全额奖学金名额~ !

立即领取

感谢您参与论坛问题回答

经管之家送您两个论坛币！

+2 论坛币

Pandora's Risk: Uncertainty at the Core of Finance (Columbia Business School Publishing)

by Kent Osband  (Author)



Author of the acclaimed work Iceberg Risk: An Adventure in Portfolio Theory, Kent Osband argues that uncertainty is central rather than marginal to finance. Markets don’t trade mainly on changes in risk. They trade on changes in beliefs about risk, and in the process, markets unite, stretch, and occasionally defy beliefs. Recognizing this truth would make a world of difference in investing. Belittling uncertainty has created a rift between financial theory and practice and within finance theory itself, misguiding regulation and stoking huge financial imbalances. Sparking a revolution in the mindset of the investment professional, Osband recasts the market as a learning machine rather than a knowledge machine. The market continually errs, corrects itself, and makes new errors. Respecting that process, without idolizing it, will promote wiser investment, trading, and regulation. With uncertainty embedded at its core, Osband’s rational approach points to a finance theory worthy of twenty-first-century investing.

Pandora's Risk_Uncertainty at the Core of Finance.epub (19.33 MB, 需要: 20 个论坛币)

2016-9-30 11:15:47 上传

需要: 20 个论坛币  [购买]

epub 文件阅读器（epub file reader）：
https://bbs.pinggu.org/a-2096935.html

epub 截图：

扫码加我 拉你入群

请注明：姓名-公司-职位

以便审核进群资格，未注明则拒绝

分享0 收藏2 回帖

关键词：uncertainty certainty Uncertain Certain Finance difference Business central finance process

赞！对金融市场的理解十分重要啊。不知有没有pdf的版本……