I've sold some stocks and watched them go up 80,000%. I've stayed in cash while the indexes soared to new highs. I've missed many of the best movers. I've been stopped out +10,000 times. And still I've made a fortune and suffered very little drawdown for more than 30 years.
Glad to see this paper with Léopold Simar and Shirong Zhao published in EJOR... Three in one: New asymptotic theorems, Monte Carlo Simulations, and empirical illustration with practical guidance...
Open access (from UQ)
Any feedback is very welcome!...
sciencedirect.com/science/articl…
Is anyone else becoming webinar’d out? Between teaching on Zoom/Teams, attending faculty meetings on Zoom, emergency webinars to learn some new tech/tool I need to use tomorrow/next week - I do want to learn about exciting new things - but I feel a bit over it 😩 #coviduni
"To support the flow of credit to households and businesses, the FED will continue to purchase Treas securities and agency residential &commercial mortgage-backed securities in the amounts needed to support smooth market functioning thereby fostering effective transmission of MP"
PhD Submitted 📧✅
Completing a PhD has been one of the most challenging yet rewarding processes of my life. I am deeply indebted to every person who played a part, whether it be a cameo or a lead role in this rollercoaster ride.
Huge thanks to my team: Andy, Rob & Will 🙏🍻
NAB expects “GDP to decline 8.4% by September 2020 compared to December 2019 and not return to pre COVID-19 levels until early 2022, while unemployment is expected to peak at 11.7% in mid-2020 before partially recovering to 7.3% by December 2021.”