Discover how tail risk impacts portfolios, why rare financial events matter, and strategies for safeguarding investments against significant, unexpected losses.

Master the art of visualizing histograms and normal distributions in Web VPython! This guide teaches you how to create dynamic, interactive 3D plots to enhance your data analysis and physics ...

Interest Rate Probability Distributions Implied by Derivatives Prices is a daily measure of the distribution of future short-term interest rates, calculated from prices of fixed-income derivatives ...

PyApp seems to be taking the Python world by storm, providing long-awaited click-and-run Python distribution. For developers who need a little more versatility, there’s uv. Find these tools and more ...

Life is uncertain. None of us know what is going to happen. We know little of what has happened in the past or is happening now outside our immediate experience. Uncertainty has been called the ...

If a fund has a gain in a security and then sells that security, it must distribute those capital gains to shareholders on record within its fiscal year. Even if you reinvest that distribution back ...

The mathematician Daniel Litt has driven social media users to distraction with a series of simple-seeming but counterintuitive probability puzzles. In late January, Daniel Litt posed an innocent ...

Private foundations contribute a staggering $105.21 billion to public charities annually, representing $1 out of every $5 donated. Internal Revenue Code Section 4942 requires private nonoperating PFs ...

The host invites you to pick a door, any door. Let’s say you pick door one. The host throws open one of the doors you did not select, revealing a goat. Then the host gives you the option of switching ...