This morning, we all got to go downtown to watch Lindsee race in the EP5K marathon. She finished with a time of 46 minutes and 49 seconds along with her friend Jennifer. She had an average pace of 15 minutes and 04 seconds per mile. As you can see, both Josh and Lauren couldn’t beContinue reading “Lindsee did it! She ran the EP5K!”
There is currently a belief that financial risk is easily measured. That we can stick some sort of risk-meter into the financial system and get an precise measurement of the risk of complex financial instruments. The poorly misguided belief that this risk-meter exists plays a key role in getting the financial system into the messContinue reading “Financial Risk and Flying Pigs”
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