Risk to the
Although Kritzman and Li devote the bulk of their paper to discussing the application of the Mahalanobis Distance to equity investing, it is clearly applicable as a systemic risk measure as well.
Financial instruments are increasing in
Preparation for Next Class. Please read: • Kritzman (1994a), • Kritzman (1994b), • Ross (1999), and • Perrold (1999). Video (Optional): ”Trillion Dollar Bet”, (a PBS Documentary). I have just one copy of...