“Skewness statistics are sometimes used to assess the symmetry of distributions, while kurtosis statistics are often interpreted as a measure of similarity to a normal distribution.”
― Asset Price Dynamics, Volatility, and Prediction
― Asset Price Dynamics, Volatility, and Prediction
“Empirical analysis of the relationship between volatility and information is difficult because we can only identify some of the relevant information.”
― Asset Price Dynamics, Volatility, and Prediction
― Asset Price Dynamics, Volatility, and Prediction
“Light fades as it travels; the fainter it becomes, the less capable it is of transmitting data.”
― Flash Boys: A Wall Street Revolt
― Flash Boys: A Wall Street Revolt
“in this job you really need to know only four things: addition, subtraction, multiplication, and division—and most of the time you can get by without division!” I”
― My Life as a Quant: Reflections on Physics and Finance
― My Life as a Quant: Reflections on Physics and Finance
“crashes are not randomly occurring lightning bolts; they are the consequence of the madness of crowds who are busy avoiding the last mania as they participate in what will turn out to be the current one.”
― My Life as a Quant: Reflections on Physics and Finance
― My Life as a Quant: Reflections on Physics and Finance
Jorge’s 2025 Year in Books
Take a look at Jorge’s Year in Books, including some fun facts about their reading.
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