Upside Down
Upside Down - Is there any upside to the downside? "Education is a refuge in adversity" ~ Aristotle About five years ago, I had a...
Erroneous Errors
Erroneous Errors - Distinguishing good errors from bad ones "Knowledge rests not upon truth alone, but upon error also." ~ Carl Jung When...


Negative Skew - A Hidden Killer
Fresh off a decent, quick correction to markets around the world (and one in which many unfortunate investors fell prey to the allure of...


Manager Builds a Better Metric
The manager of a statistical-arbitrage fund has developed a measure of risk-adjusted returns that more accurately reflects the risks of...