{"id":6436,"date":"2013-12-17T12:38:07","date_gmt":"2013-12-17T20:38:07","guid":{"rendered":"http:\/\/www.blackswanreport.com\/blog\/?p=6436"},"modified":"2013-12-17T12:38:07","modified_gmt":"2013-12-17T20:38:07","slug":"four-points-beginner-risk-managers-should-learn-from-jeff-holmans-mistakes-in-the-discussion-of-antifragile-by-nassim-nicholas-taleb-ssrn","status":"publish","type":"post","link":"https:\/\/www.blackswanreport.com\/blog\/2013\/12\/four-points-beginner-risk-managers-should-learn-from-jeff-holmans-mistakes-in-the-discussion-of-antifragile-by-nassim-nicholas-taleb-ssrn\/","title":{"rendered":"Four Points Beginner Risk Managers Should Learn from Jeff Holman&#8217;s Mistakes in the Discussion of Antifragile by Nassim Nicholas Taleb :: SSRN"},"content":{"rendered":"<blockquote>\n<h3>Four Points Beginner Risk Managers Should Learn from Jeff Holman&#8217;s Mistakes in the Discussion of Antifragile<\/h3>\n<p>Nassim Nicholas Taleb<br \/>New York University; Universit\u00e9 Paris I Panth\u00e9on-Sorbonne &#8211; Centre d&#8217;Economie de la Sorbonne (CES)<br \/>December 16, 2013<\/p>\n<p>Abstract:<br \/>Using Jeff Holman&#8217;s comments in Quantitative Finance to illustrate 4 critical errors students should learn to avoid: 1) Mistaking tails (4th moment) for volatility (2nd moment), 2) Missing Jensen&#8217;s Inequality, 3) Analyzing the hedging wihout the underlying, 4) The necessity of a numeraire in finance.<\/p>\n<p>Number of Pages in PDF File: 5<\/p>\n<\/blockquote>\n<p>via <a href=\"http:\/\/papers.ssrn.com\/sol3\/papers.cfm?abstract_id=2368561\">Four Points Beginner Risk Managers Should Learn from Jeff Holman&#8217;s Mistakes in the Discussion of Antifragile by Nassim Nicholas Taleb :: SSRN<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Four Points Beginner Risk Managers Should Learn from Jeff Holman&#8217;s Mistakes in the Discussion of Antifragile Nassim Nicholas TalebNew York University; Universit\u00e9 Paris I Panth\u00e9on-Sorbonne &#8211; Centre d&#8217;Economie de la Sorbonne (CES)December 16, 2013 Abstract:Using Jeff Holman&#8217;s comments in Quantitative Finance to illustrate 4 critical errors students should learn to avoid: 1) Mistaking tails (4th [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[445],"tags":[309],"class_list":["post-6436","post","type-post","status-publish","format-standard","hentry","category-papers","tag-ssrn"],"_links":{"self":[{"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/posts\/6436","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/comments?post=6436"}],"version-history":[{"count":2,"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/posts\/6436\/revisions"}],"predecessor-version":[{"id":6438,"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/posts\/6436\/revisions\/6438"}],"wp:attachment":[{"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/media?parent=6436"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/categories?post=6436"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/tags?post=6436"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}