How Long to Read Tail Risk Killers: How Math, Indeterminacy, and Hubris Distort Markets

How Long Does it Take to Read Tail Risk Killers: How Math, Indeterminacy, and Hubris Distort Markets?

It takes the average reader 6 hours and 35 minutes to read Tail Risk Killers: How Math, Indeterminacy, and Hubris Distort Markets by Jeffrey McGinn

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

Description

Reshape your investing strategy for an increasingly uncertain world “An engrossing, fast-paced, terrific read for anyone interested in the financial imbalances due to too much reliance on math and too little respect for indeterminacy.” —Tyler Durden, ZeroHedge.com The world does not unfold according to a fixed set of rules. It is a dynamical system whose evolution looks like a bell curve with fat “tails.” The same is true of financial markets. However, every day we rely on the certainty and precision of mathematical strategies that assume the contrary to control and grow wealth in markets. Tail Risk Killers shows you how the rigidity of model-based thinking has led to the fragility of today’s global financial marketplace, and it explains how to use adaptive trading strategies to mitigate risk in impending market conditions. Risk management veteran Jeff McGinn pokes holes in prevalent assumptions about how financial markets act that tend to underestimate the likelihood of occurrence of extreme events. Through clear, conversational writing, real-world anecdotes, and easy-tofollow formulas, he provides a glimpse into the way tomorrow’s successful traders are viewing financial markets—with an eye for probability distributions. While illustrating how to protect your assets from tail risk, he shows you how to: Implement the six axioms for risk management Prepare for the unintended consequences of central banks suppressing tail risk Identify and avoid the dark risks hidden in today’s derivative-laden financial system Anticipate the fate of credit default swaps that may not face extinction McGinn argues that the intervention of central banks has robbed global markets of their opportunities to adapt, but this highly relevant book shows you that it is not too late to adapt your portfolio to survive the extreme events that happen more often than popular financial models suggest. Tail Risk Killers helps you discover useful information and processes beyond the focus of industry standards, helps you connect the dots of evolving trading strategies and time your next trade for maximum profitability.

How long is Tail Risk Killers: How Math, Indeterminacy, and Hubris Distort Markets?

Tail Risk Killers: How Math, Indeterminacy, and Hubris Distort Markets by Jeffrey McGinn is 386 pages long, and a total of 98,816 words.

This makes it 130% the length of the average book. It also has 121% more words than the average book.

How Long Does it Take to Read Tail Risk Killers: How Math, Indeterminacy, and Hubris Distort Markets Aloud?

The average oral reading speed is 183 words per minute. This means it takes 8 hours and 59 minutes to read Tail Risk Killers: How Math, Indeterminacy, and Hubris Distort Markets aloud.

What Reading Level is Tail Risk Killers: How Math, Indeterminacy, and Hubris Distort Markets?

Tail Risk Killers: How Math, Indeterminacy, and Hubris Distort Markets 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 Tail Risk Killers: How Math, Indeterminacy, and Hubris Distort Markets?

Tail Risk Killers: How Math, Indeterminacy, and Hubris Distort Markets by Jeffrey McGinn is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

To buy Tail Risk Killers: How Math, Indeterminacy, and Hubris Distort Markets by Jeffrey McGinn on Amazon click the button below.