How Unlucky is 25-Sigma?

Details How Unlucky is 25-Sigma? How Unlucky is 25-Sigma?

2011-03-29

arxiv.org/abs/1103.5672v1

Economy

Quantitative Finance

General Finance

Scientific paper

One of the more memorable moments of last summer's credit crunch came when
the CFO of Goldman Sachs, David Viniar, announced in August that Goldman's
flagship GEO hedge fund had lost 27% of its value since the start of the year.
As Mr. Viniar explained, "We were seeing things that were 25-standard deviation
moves, several days in a row."

Affiliated with

Also associated with

No associations

Rating

How Unlucky is 25-Sigma? does not yet have a rating. At this time, there are no reviews or comments for this scientific paper.

If you have personal experience with How Unlucky is 25-Sigma?, we encourage you to share that experience with our LandOfFree.com community. Your opinion is very important and How Unlucky is 25-Sigma? will most certainly appreciate the feedback.

Rate now

Comments { 0 }

Profile ID: LFWR-SCP-O-163564