What is a Tail Hedge?
A tail hedge is product or process that protects against a tail event.
What is a tail event?
A tail event is very large and rare event that causes harm in a non linear way.
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0 0 Facebook 0 0 Twitter 0 0 Linkedin 0 0 Reddit I’ve been busy enjoying the warm weather, spending time with family and friends, and making the most of the long days. But, as the saying goes, all good things must come to an end. 🙁 I had a great time on my trips…
0 0 Facebook 0 0 Twitter 0 0 Linkedin 0 0 Reddit Thanks for joining me. Over the last 100 years, urban populations around the world have exploded almost continuously. It was estimated in the 1950s around 30 percent of the global population was living in cities. And today that ratio is closer to 50…