For me, running for office is never about trying to destroy an opponent, be it Democratic or Republican. It really ought to be about how can we solve some problems that we're facing. ↗
The three great problems of this century; the degradation of man in the proletariat, the subjection of women through hunger, the atrophy of the child by darkness. ↗
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. ↗
The problem with interest rates are that you are not modeling a single number, you are modeling a whole term structure, so it is a sort of different type of problem. ↗
If it comes to be believed that we are simply a propaganda organ of some kind, as a lot of people believe about some of our competitors, that would be a problem. ↗