Maybe we should teach schoolchildren probability theory and investment risk management.
My mother died of lung cancer last year. I felt helpless. As an economist, I thought, What can I do?
Great investors need to have the right combination of intuition, business sense and investment talent.
Financial crises are an unfortunate but necessary consequence of modern capitalism.
Labor is getting more expensive and technology is getting cheaper.
The risks facing hedge funds are non-linear and more complex than those facing traditional asset classessuch risks are currently not widely appreciated or well-understood