Grabchak, Michael; Samorodnitsky, Gennady - In: Quantitative Finance 10 (2010) 8, pp. 883-893
One of the major points of contention in studying and modelling financial returns is whether or not the variance of the returns is finite or infinite (sometimes referred to as the Bachelier-Samuelson Gaussian world versus the Mandelbrot stable world). A different formulation of the question asks...