82,891
edits
Vega: Difference between revisions
no edit summary
Amwelladmin (talk | contribs) No edit summary |
Amwelladmin (talk | contribs) No edit summary |
||
| Line 11: | Line 11: | ||
[[Vega]] is also one of the {{tag|Greeks}}. As classicists are fond of reminding the youngsters, [[Vega]] is not actually the name of any Greek letter (the Greek letter “v” is called ''[[nu]]''), but this only goes to show portfolio managers tend to know more about Canadian singer songwriters than they do about classical typography. And if you didn’t know ''that'' you’ve got bigger things to worry about. | [[Vega]] is also one of the {{tag|Greeks}}. As classicists are fond of reminding the youngsters, [[Vega]] is not actually the name of any Greek letter (the Greek letter “v” is called ''[[nu]]''), but this only goes to show portfolio managers tend to know more about Canadian singer songwriters than they do about classical typography. And if you didn’t know ''that'' you’ve got bigger things to worry about. | ||
Anyway, [[vega]] is relevant, if you’re really interested, in the calculation of [[Black-Scholes]] formulae for pricing European [[options]], but it is more relevant in that it is frequently (and some might say | Anyway, [[vega]] is relevant, if you’re really interested, in the calculation of [[Black-Scholes]] formulae for pricing European [[options]], but it is more relevant in that it is frequently (and some might say, ''wilfully'') mistaken for [[alpha]] by uninspiring fund managers and their associates. If you ever see the expression [[leveraged alpha]] you may be fairly sure there’s some chicanery (or at the very least buffoonery) at work, and the victim of it is most likely to be you. | ||
At which point, you’ll be ''[https://en.wikipedia.org/wiki/Solitude_Standing solitude standing]''. | At which point, you’ll be ''[https://en.wikipedia.org/wiki/Solitude_Standing solitude standing]''. | ||
{{hawf}} | {{hawf}} | ||