Articles & Insights

Leverage Cycle and the Subprime Mortgage Crisis

Risk, Return, and Social Security

The Mutual Fund Theorem and Covariance Pricing Theorems

Why is the Gold Collapsing?

Risk Aversion and CAPM

Dynamic Hedging and Average Life

Dynamic Hedging

Net Present Value of a Project

This video explains the concept of net present value (NPV) and shows how it is calculated.

Modeling Mortgage Prepayments and Valuing Mortgages

Callable Bonds and the Mortgage Prepayment Option

Backward Induction and Optimal Stopping Times

Uncertainty and the Rational Expectations Hypothesis

Quantifying Uncertainty and Risk

Will the Stock Market Decline when the Baby Boomers Retire?

Overlapping Generations Models of the Economy

Gross Profits and Ending Inventory Under Different Inventory Methods

Methods of Inventory Valuation

Financial Implications of US Social Security System

Dynamic Present Value

Economic Indicators - Unemployment Rate

This video talks about unemployment rate, which is one of the important economic indicators. The video discusses what unemployment rate is, it's various characteristics, and how it affects financial markets.