Concerned Quote by John Hull

There are challenges in terms of the measurement of VAR for what are known as nonlinear derivatives, where things like gamma and vega are…

— John Hull

When VAR was first introduced I think it was used regularly to try to get the right decision. But I think the use of…

— Eddie Howe

Regarding the VAR, it is a tool that can undoubtedly make us better. You have to use it because it gives us a clearer…

— Quique Setien

VAR is a tool we have that can make us better. But we must use it and have a clearer vision of reality.

— Quique Setien

“If a measurement matters at all, it is because it must have some conceivable effect on decisions and behaviour. If we can't identify a…

— Douglas W. Hubbard

Measurement has too often been the leitmotif of many investigations rather than the experimental examination of hypotheses. Mounds of data are collected, which are…

— Edmund Pellegrino

“statistical overvaluation is a funny thing – it can go on for a very long time, far beyond the limits of rationality, and it…

— Christopher Risso-gill

"Risk means more things can happen than will happen." It is not standard deviation. It is not variability. It is this sense that the…

— Elroy Dimson

However, perhaps the main point is that you are under no obligation to analyse variance into its parts if it does not come apart…

— Ronald Fisher

“Risk, as first articulated by the economist Frank H. Knight in 1921, is somethimg that you can put a price on.......Uncertainty, on the other…

— Nate Silver

We are in danger of valuing most highly those things we can measure most accurately, which means that we are often precisely wrong rather…

— John Banham

Practically everybody (1) overweighs the stuff that can be numbered, because it yields to the statistical techniques they’re taught in academia, and (2) doesn’t…

— Charlie Munger