volatility scaling

2 statements across 1 episodes · 0 bullish · 2 bearish · 1 people on the record · first statement Mar 18, 2020 by James Aitken · across every show →

Everything said about volatility scaling, oldest first

Mar 18, 2020 negative
Insight
Aitken: Volatility Scaling Relies on the Fallacious 'Slower Fool Theory'
“Volatility scaling, or the assumption of volatility scaling, I think had a large hand in the disruption we've seen, and just to finish this point, there was a marvelous article written in the autumn of 1987 by an extraordinary Chicago trader called Richard Den…”
James Aitken Mar 18, 2020 ▶ 11:29 James Aitken – Systemic Risk in a Crisis (Capital Allocators, EP.126)
Mar 18, 2020 negative
Insight
Aitken: Multi-Strategy Funds Rely Heavily on Volatility Scaling
“The past several years have been all about volatility scaling. All these gigantic multi-strategy businesses, absolute return strategies and others. It's all about volatility scaling. When implied volatility comes down, I have to increase my exposure to keep up…”
James Aitken Mar 18, 2020 ▶ 10:58 James Aitken – Systemic Risk in a Crisis (Capital Allocators, EP.126)
Made with StarZero

Turn any episode into a week of clips.

This entire site, over 700 episodes transcribed, diarized, checked and made playable, runs on the StarZero media pipeline. Drop in your own episode and the podcast clipper finds the moments worth sharing, cuts them, captions them, and reframes them for every feed.