Kent Osband: 1 book

Book cover of Pandora’s Risk

Pandora’s Risk

Uncertainty at the Core of Finance

by Kent Osband
Language: English
Release Date: July 5, 2011

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...
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