On dubious financial measures…

It is not that Value at Risk(VaR) is a great measure, or even that it is the right one, it is just that the only better measure is individual subjective judgement. And you cannot hide behind your own judgement, can you?

Why do the Americans spell judgements without an e?

How lazy have I become that I cannot write a short story even when I want to?


Posted on October 29, 2007, in Uncategorized and tagged , . Bookmark the permalink. 2 Comments.

  1. Pssst get hold of an invitation from Radhika and come for her wedding in November 🙂

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