We propose a method to integrate frequentist and subjective probabilities in order to obtain a coherent asset allocation in the presence of stress events. Our working assumption is that in normal market asset returns are sufficiently regular for frequentist statistical techniques to identify...

We propose a method to integrate frequentist and subjective probabilities in order to obtain a coherent asset allocation in the presence of stress events. Our working assumption is that in normal market asset returns are sufficiently regular for frequentist statistical techniques to identify...

Intro -- Table of Contents -- Preface -- Acknowledgments -- PART 1: Introduction and Theory -- CHAPTER 1: Alternative Data: The Lay of the Land -- 1.1 INTRODUCTION -- 1.2 WHAT IS "ALTERNATIVE DATA"? -- 1.3 SEGMENTATION OF ALTERNATIVE DATA -- 1.4 THE MANY VS OF BIG DATA -- 1.5 WHY ALTERNATIVE...

"This groundbreaking book will be the first to address the alternative data topic in the world of investing and risk management. It will illustrate, also by practical examples and code: How to navigate the thick jungle of generated data as of today, which techniques are the most suitable for...