Why Phi Mantra?

“Phi” is the 21 st letter of Greek alphabets. It is used to represent the “Golden ratio”, the magical ratio which can be find everywhere ...

LONG TERM CAPITAL MANAGEMENT (LTCM) : A debacle that every stock market analyst should understand

A CASE STUDY IN THE FAILURE OF FINANCIAL THEORY—THE LONG-TERM CAPITAL MANAGEMENT DEBACLE The failure of rationality and arbitrage...