How Long to Read Market Tremors

How Long Does it Take to Read Market Tremors?

It takes the average reader 4 hours and 24 minutes to read Market Tremors by Hari P. Krishnan

Assuming a reading speed of 250 words per minute. Learn more

Description

Since the Global Financial Crisis, the structure of financial markets has undergone a dramatic shift. Modern markets have been “zombified” by a combination of Central Bank policy, disintermediation of commercial banks through regulation, and the growth of passive products such as ETFs. Increasingly, risk builds up beneath the surface, through a combination of excessive leverage and crowded exposure to specific asset classes and strategies. In many cases, historical volatility understates prospective risk. This book provides a practical and wide ranging framework for dealing with the credit, positioning and liquidity risk that investors face in the modern age. The authors introduce concrete techniques for adjusting traditional risk measures such as volatility during this era of unprecedented balance sheet expansion. When certain agents in the financial network behave differently or in larger scale than they have in the past, traditional portfolio theory breaks down. It can no longer account for toxic feedback effects within the network. Our feedback-based risk adjustments allow investors to size their positions sensibly in dangerous set ups, where volatility is not providing an accurate barometer of true risk. The authors have drawn from the fields of statistical physics and game theory to simplify and quantify the impact of very large agents on the distribution of forward returns, and to offer techniques for dealing with situations where markets are structurally risky yet realized volatility is low. The concepts discussed here should be of practical interest to portfolio managers, asset allocators, and risk professionals, as well as of academic interest to scholars and theorists.

How long is Market Tremors?

Market Tremors by Hari P. Krishnan is 257 pages long, and a total of 66,049 words.

This makes it 87% the length of the average book. It also has 81% more words than the average book.

How Long Does it Take to Read Market Tremors Aloud?

The average oral reading speed is 183 words per minute. This means it takes 6 hours to read Market Tremors aloud.

What Reading Level is Market Tremors?

Market Tremors is suitable for students ages 12 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Market Tremors?

Market Tremors by Hari P. Krishnan is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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