It is clear from looking at the current landscape that volatility is rapidly becoming a key focus for asset management. Witness the birth of “low-volatility” ETFs and the popularity of ...

In the investment world, it’s common to discuss average rates of return. It’s not sufficient, however, to simply add up historical returns and divide by how many there are. The proper way to calculate ...

THIS new arithmetic consists of three parts, published separately. Part 1 revises the elementary processes of arithmetic, including mensuration, and includes a chapter on statistical graphs. Part 2 ...