Автор: Ludwig Chincarini B.

. The Crisis of Crowding. Quant Copycats, Ugly Models, and the New Crash Normal

The Crisis of Crowding. Quant Copycats, Ugly Models, and the New Crash Normal

Ludwig Chincarini B.

A rare analytical look at the financial crisis using simple analysis The economic crisis that began in 2008 revealed the numerous problems in our financial system, from the way mortgage loans were produced to the way Wall Street banks leveraged...

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