Comparing Value-at-Risk to Crash-and-Burn [View article]
Whidbey:
It's not probable?
It IS happening again as we speak! We are following right down the footsteps of the late 1920's, step, by step!
Whidbey quote:
"Since this is not a physics problem, but a behavioral finance issue, it is not probable that the same mistakes will be committed again, but rather, some variation with sufficient change to rule out the lessons learned."
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Whidbey:
Oct 06 16:17 pm
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All Comments by User 265729 »Comparing Value-at-Risk to Crash-and-Burn [View article]
It's not probable?
It IS happening again as we speak! We are following right down the footsteps of the late 1920's, step, by step!
Whidbey quote:
"Since this is not a physics problem, but a behavioral finance issue, it is not probable that the same mistakes will be committed again, but rather, some variation with sufficient change to rule out the lessons learned."