". . . focuses on defining, measuring and analyzing portfolio risk . . . insightful and tractable process of incorporating iceberg risk into standard portfolio theory." -- Dr. Jane Hobson, CFA, Vice President Educational Products, Association for Investment Management and Research
"A rare and sincere investigation looking beyond the crust and into the guts of financial risk." -- Nassim Nicholas Taleb, author of Fooled by Randomness and Dynamic Healing
"From the point of investment industry practitioner and risk management professional . . . nothing short of groundbreaking . . . must read for investment professionals." -- Carlos Asilis, Chief U.S. Equity Strategist, J.P. Morgan Chase & Co.
"If you rely on the comfort blanket of the Central Limit Theorem, prepare to be first horrified and then enlightened." -- Paul Wilmott, author of Derivatives and Paul Wilmott on Quantitative Finance
About the Author
Kent Osban is a US citizen living in London. He holds a PhD in economics from University of California at Berkeley and has worked for the International Moneary Fund and the World Bank in Washington DC and for Goldman Sachs and Credit Suisse First Boston in London. He speaks fluent Russian. He is currently working as a consultant to Trilogy Advisors LLC, a NY based investment advisory firm, where he manages to hedge fund and is implementing and utilising his theories on iceberg risk.