Investors understood the benefits of diversification well before Harold Markowitz published his Nobel Prize??? winning research in 1952. The old adage “Don’t put all your eggs in one basket” predates Markowitz’s work probably by centuries. Markowitz’s contribution-and that of others in the field of portfolio theory-was to help investors quantify the diversification benefit they achieved by adding more investments to their portfolio.
My Fab Finance
For instance, the counterparty credit risk charge in the P& L depends on each given counterparty’s probability of default. Inconsistent or inaccurate reference data will not only lead to incorrect risk reporting but also inaccurate P&L calculation. In large financial institutions where capital and P&L are in the billions of dollars, the cost of such seemingly miniscule errors in the risk data warehouse can be colossal.
But That’S None Of My Business
By pursuing this step with vigour, you may find yourself more and more … Read More