Showing 71 - 80 of 80
We discuss the story of Jerome Kerviel, a trader at Society Generale; and how he racked up positions, far exceeding, his authorized risk limits, resulting in a spectacular loss and in the process, becoming the perpetrator of the biggest Rogue Trading Scandal, thus far, in Recorded History. Some...
Persistent link: https://www.econbiz.de/10012944022
Inspired by Malcolm Gladwell's phenomenal book, Outliers, which talks about the possibility of paddy fields being the perfect place to cultivate mathematics into our genes, we consider an unintended yet welcome consequence of having numerous characters in a writing script (1, 2), towards...
Persistent link: https://www.econbiz.de/10012944781
We re-enact the retrial of Michael Lewis's retrial of Sergey Aleynikov's Goldman accusation trial with another equally, if not, more talented Russian Problem Solver, Sergei Khludeev and a jury comprised of very highly trained individuals (also termed everyone else). Some of the topics we discuss...
Persistent link: https://www.econbiz.de/10012945140
We briefly review the objectives of automation, equipped with non-trivial decision making, or creating artificial intelligence, in the financial markets and provide, a possible alternative. Intelligence might be an unintended consequence, of curiosity left to roam free, best exemplified by a...
Persistent link: https://www.econbiz.de/10012945982
We have developed a novel risk management measure called the concentration risk indicator (CRI). The CRI has been created to address drawbacks with prevailing methodologies and to supplement existing methods. Modified and adapted from the Herfindahl-Hirschman (HH) index, the CRI is focused on...
Persistent link: https://www.econbiz.de/10014254418
We point out the primary riddle of risk management, which is that the life of a risk manager is very similar to someone doing a slow walk on a tight rope. We provide a set of directives, the five pillars crypto risk mitigation guidelines, aimed at brevity so that it is readily apparent what...
Persistent link: https://www.econbiz.de/10014254482
We discuss centralized cryptocurrency exchanges (CEX), decentralized exchanges (DEX) and the evolution of exchanges into, a one stop shop for all financial matters, Super-Store Exchanges, or Special-Service-Exchanges (SEX). We discuss the need for introducing SEX education into school...
Persistent link: https://www.econbiz.de/10014254486
This work describes a venture that will help meet the massively under-supplied market for fish in Ghana by attracting local entrepreneurs to become fish farmers. We'll sell a turnkey solution to the problem of entering the fish farming market by providing tank-systems, technical/business...
Persistent link: https://www.econbiz.de/10014148286
We discuss numerous justifications for why crypto-currencies would be highly conducive for the smooth functioning of today's society. We provide several comparisons between cryptocurrencies issued by blockchain projects, crypto, and conventional government issued currencies, cash or fiat. We...
Persistent link: https://www.econbiz.de/10014351305
We consider the problem of being a cross-chain wealth management platform with deposits, redemptions and investment assets across multiple networks. We discuss the need for blockchain bridges to facilitates fund flows across platforms. We point out several issues with existing bridges. We...
Persistent link: https://www.econbiz.de/10014352780