Standard deviation

RECENT NEWS
Index Universe  Nov 14  Comment 
The idea that standard deviation is an appropriate measure of risk for "real" investors is absurd. The problem (or rather, one of the problems) with standard deviation is that it largely ignores outliers, or minimizes their importance,...
Canadian Financial DIY  May 5  Comment 
Retired mathematician and investment aficionado Gummy (see link to his great website in my Resources sidebar on the right) wrote a provocative entry (see the lower part titled Correlation means ... what?) on his website in which he casts doubt on...
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