We are happy to announce that the UniversalOwner project was among the winners of this year’s innovative start-up business contest 1,2,3 GO. The business mentoring network 1,2,3 GO has received in 2011/2012 more than 200 applications and … Continue reading →
What are fat tails?
Fat-tailed distributions (and more generally heavy-tailed distributions) are very useful statistical concepts when it comes to modeling of rare events with high impact. In finance, well-known examples of rare events with high impact include … Continue reading →
About 60 years ago, pioneer work by scientists like the Nobel prize of Economics winner H.Markowitz has introduced the concept of mathematical analysis in investment decision making. The applications of mathematics in investment and risk management since … Continue reading →
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