Rolling the Skewed Die

Skewness is pervasive across financial instruments, and the literature has documented that many investors seek idiosyncratic skewness in their portfolios. Fernando Zapatero discusses the utility function that leads the investor to demand skewness – right or left skewness.

Image courtesy of Fernando Zapatero

Image courtesy of interviewee. March 3, 2021

Log-in or Sign-up to Faculti
Currently viewing this subject insight as a guest. You have insight(s) remaining for this month.

Leave a Reply

Your email address will not be published. Required fields are marked *

Copyright © Faculti Media Limited 2013 - 2024. All rights reserved.