One important measurement issue concerns the fat tails problem that I mentioned earlier. VAR is concerned with extreme outcomes. If the tails of the probability distributions we are using are too thin, our VAR measures are likely to be too low. ↗
Yes, our tree has an interesting shape. The center branches reflect the shape of the zero curve. When extreme parts of the tree are reached the branching pattern changes to accommodate the mean reversion. ↗
Extreme poverty threatens people's right to life itself and makes impossible the enjoyment of the rights and freedoms essential to a humane way of life. ↗
The first time, where Fox Mulder and Scully met, she stands up for herself. She stands right there and gives it to him and that was extremely attractive. ↗
I tried to take heavy metal... and balled it up and chopped it in half and really tried to create a new form of energy. I really tried to re-shape extreme music as I see it through my eyes. ↗