http://www.asymmetricinvestmentreturns.com/ Shell Capital Management: Active Risk Management: Investment Manager: Mike Shell en Copyright 2012 Tue, 24 Jan 2012 09:30:11 -0500 Tue, 24 Jan 2012 09:30:11 -0500 http://www.sixapart.com/movabletype/?v=4.32-en http://blogs.law.harvard.edu/tech/rss Asymmetric returns is very true. Investments tend to have return distributions skewed to the left (negative) or skewed to the right (positive). Co-skewness can play a role in reducing tail risk of a portfolio. A few years ago I wrote a paper on this subject "Skewing Your Diversification"
http://www.shorecapmgmt.com/skewing-your-diversification.html

]]> http://www.asymmetricinvestmentreturns.com/non-normal-distribution/the-truth-about-asymmetric-market-returns-fat-tails-and-black-swans/#151248 http://www.asymmetricinvestmentreturns.com/non-normal-distribution/the-truth-about-asymmetric-market-returns-fat-tails-and-black-swans/#151248 Non-normal Distribution Sun, 22 Jan 2012 17:22:47 -0500 Mike Shell Thanks Mark, I'll take a look.

]]> http://www.asymmetricinvestmentreturns.com/non-normal-distribution/the-truth-about-asymmetric-market-returns-fat-tails-and-black-swans/#151415 http://www.asymmetricinvestmentreturns.com/non-normal-distribution/the-truth-about-asymmetric-market-returns-fat-tails-and-black-swans/#151415 Non-normal Distribution Sun, 22 Jan 2012 17:22:47 -0500 Mike Shell