It's pretty incredible how fast you can get challenged as people try to find chinks in the armor of complete second order risk. Within a...

After people have had time to digest the raw, theoretical value of full second order risk, the immediate question is "Sure you can find...

Previously, we have talked in a very generic sense about the issues with Gamma and how to identify the problems with current calculation...

Our recent research paper proves how the simplifying assumption used by almost every major financial institution can cause serious...