Investment Perspectives | Fat Tails
Brown Advisory
FEBRUARY 7, 2017
Investment Perspectives | Fat Tails achen Tue, 02/07/2017 - 16:20 The title of this piece may conjure up images of odd looking dogs or cats, or monkeys no longer able to dangle effectively from trees, but that’s not what we have in mind. Instead, we’re thinking of a phenomenon by the name of “kurtosis,” which may have implications for investing in today’s markets.
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