J delta rho

On maths, probability and financial markets.

2014/11/13

How (not) to sell living annuities (aka income drawdown accounts)

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A recent campaign by an investment house in South Africa has touted the benefits of their living annuities . The potential retiree can ge...
2 comments:
2014/01/21

False advertising

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I recently ventured into a bit of consumer activism and want to relate the experience – not to blow my own trumpet, but to encourage others...
2013/09/23

What do job-application aptitude tests really measure?

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It is common practice for companies (including financial companies) to use aptitude tests (mostly numerical and verbal reasoning) in order t...
1 comment:
2013/09/03

Don't spot the pattern

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If I write 2 then 4 then 6, then we feel good because we know that next comes 8. We can foresee it. We are not in the hands of destiny. Unf...
2013/08/28

Stop confusing clever with lucky

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I get very annoyed when I see idiotic journalism, such as this article (admittedly Business Insider does not exactly maintain high standar...
2013/08/10

Volatility weighting primer

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Volatility weighting is one common means of attempting to improve the risk profiles of strategies, that is to give them smoother returns. I...
2013/08/05

Momentum strategies

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Momentum is an age-old feature of financial markets. It is perhaps the simplest and also the most puzzling of the “anomalies” discovered.  ...
2 comments:
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JohandP
Johannes Paulus du Plessis, a quant and actuary (and writer). Go to my website www.johandp.com to find out more about me.
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