| 12.08.2009 Other Voices: Modified Volatility - 1937 paper found relevant to today's risk management challenges |
| By Peter Urbani, CIO, Infiniti Capital: An obscure tract by a University of Adelaide Statistics Professor, Edmund Cornish is today among the leading candidates for improving risk management. The 1937 paper by Edmund Alfred Cornish (1909 - 1973) and Sir Ronald Fisher* provides the basis for the Cornish-Fisher expansion by which the impact of higher statistical moments such as skewness an |
| Article source: http://money.cnn.com/2009/08/07/news/companies/bank_failures/index.htm?cnn=yes - Opalesque is not responsible for the content of external internet sites |