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Posts Tagged ‘Finance’

Relative returns: a banker versus trader paradox

January 7th, 2010 1 comment

Quick Joke.

Q: What is the difference between a banker and a trader?
A: A banker will try and tell you a 10% loss followed by a 10% gain is breaking even.

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Thievery considered harmful

July 6th, 2009 1 comment

A bit of a tempest in finance news involving accusations of sensitive code stolen from a major trading desk. For emerging details see:

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Categories: Finance, Opinion, Rants Tags: ,

A Quick Appreciation of the Sharpe Ratio

September 30th, 2008 Comments off

The current state of the global financial markets has gotten more people than usual worrying about the technical aspects of finance. One method for reasoning about investment returns and risk is a tool called the Sharpe Ratio. It is well worth reviewing this measure and seeing how, if used properly, it doesn’t favor any of the mistakes that underly our current financial crisis. Read more…