John Hull quote
One important measurement issue concerns the fat tails problem that I mentioned earlier. VAR is concerned with extreme outcomes. If the tails of the probability distributions we are using are too thin, our VAR measures are likely to be too low.
John Hull
Quotes To Explore
When you begin to worry, go find something to do. Get busy being a blessing to someone; do something fruitful. Talking about your problem or sitting alone, thinking about it, does no good; it serves only to make you miserable. Above all else, remember that worrying is totally useless. Worrying will not solve your problem.
Joyce Meyer
Saving our planet, lifting people out of poverty, advancing economic growth... these are one and the same fight. We must connect the dots between climate change, water scarcity, energy shortages, global health, food security and women's empowerment. Solutions to one problem must be solutions for all.
Ban Ki-moon