A story about a banker and his standard deviations
and the lesson it offers on Investment Risk
18th October 2020
A story about a banker and his standard deviations
and the lesson it offers on Investment Risk
18th October 2020If you’ve not yet heard this true story of the Investment Banker and his standard deviations, read on. This ludicrous but funny story might just help you remember one of the most important things about investment risk – and it’s this. The model the ‘experts’ use is wrong!