Trader

http://www.dailymotion.com/video/x27411x_trader-the-documentary-featuring-paul-tudor-jones_videogames

The All Weather Portfolio



https://www.youtube.com/watch?v=U-3pC2mKCU4

Risk & Volatility


Risk & Loss Aversion

The risk of a rare event
Black Swan


http://www.newyorker.com/magazine/2007/10/15/the-blow-up-artist
http://blog.usabilla.com/how-loss-aversion-and-risk-influence-decision-making/ 
http://www.sjsu.edu/faculty/watkins/prospect.htm

gain frame - risk averse behaviour

loss frame - risk seeking behaviour

gain frame – risk-averse behaviour loss frame – risk-seeking behaviour - See more at: http://psychologyformarketers.com/loss-aversion/#sthash.lGfG7wBS.dpuf
gain frame – risk-averse behaviour loss frame – risk-seeking behaviour - See more at: http://psychologyformarketers.com/loss-aversion/#sthash.lGfG7wBS.dpuf
gain frame – risk-averse behaviour loss frame – risk-seeking behaviour - See more at: http://psychologyformarketers.com/loss-aversion/#sthash.lGfG7wBS.dpuf













QE


“The problem with QE is that it works in practice, but it doesn’t work in theory.”
B. Bernanke
http://www.brookings.edu/~/media/research/files/papers/2014/01/16%20monetary%20policy%20zero%20lower%20bound/16%20monetary%20policy%20zero%20lower%20bound%20williams.pdf
http://stephanludewig.blogspot.de/2014/06/why-qe-wont-work-as-well-in-europe-as.html

Risk & Martingale

A single realization of a three-dimensional Wiener process