Articles

Poker as a Lottery

29th October 2018 admin 0

Doyle Brunson , two-time winner of the World Series of Poker main event, has likened a poker tournament to a lottery in which more skilled players (like himself) hold more tickets than less skilled players […]

Paul's Blog

Misinterpreting The Evidence

18th October 2018 Paul 0

I saw a news story recently saying something like there are more germs on your iPhone than on a toilet seat. From which we conclude what? We are told to conclude that this is really […]

WILMOTT Magazine

Wilmott Magazine: September 2018 issue

17th October 2018 admin 0

Volume 2018, Issue 97. Pages 1–84   Every issue we bring you original material from some of the best columnists, educators and cutting-edge researchers. Subscribe here. In this issue: Bibliography “Contents,” Wilmott, vol. 2018, iss. 97, […]

Articles

Building Your Wings on the Way Down

15th October 2018 admin 0

Ray Bradbury famously defined “living at risk” as jumping off a cliff and building your wings on the way down. Too many financial risk managers who came late to the field think of risk as […]

Articles

Internal LGD Estimation in Practice

1st October 2018 admin 0

Driven by a competitive market and motivated by the new Basel Capital Accord (Basel II), banks have put a lot of effort into development and improvement of their methods to assess the  creditworthiness of their […]