FRM: Lognormal distribution - YouTube
Here I explain an idea that is confusing the first time you see it: a variable is lognormally distributed if its log (or natural log) is normally distributed...| YouTube
Here I explain an idea that is confusing the first time you see it: a variable is lognormally distributed if its log (or natural log) is normally distributed...| YouTube
I don’t want to torment you this week, but if you trust me play along and you’ll be paid off with some non-obvious lessons. Imagine the wish you made on your 10-year-old birthday candles comes true. You are magically given $1,000,000. But there’s a catch. You must expose it to either of the following risks: 1) You … Continue reading The Volatility Drain →| Party at the Moontower
