BFM 89.9

HIGHLIGHTS 
Podcast  >  Morning Run  >  The Breakfast Grille  >  Should Probability Exist in Markets? The 'Blank Swan' Theory, Explained

Should Probability Exist in Markets? The 'Blank Swan' Theory, Explained

Elie Ayache , The Blank Swan

29-Jul-10 23:30

Should Probability Exist in Markets? The 'Blank Swan' Theory, Explained

Elie Ayache, Author of 'The Blank Swan', talks about his 'Blank Swan' theory, which dispels the notion of probability in financial markets. In his discussion, he promotes only the use of simple derivatives in evaluating asset prices, and suggests that the use of these simple derivatives is essential in evaluating financial assets in a period where great uncertainty is the order of the day.


This and more than 60,000 other podcasts in your hand. Download the all new BFM mobile app.

Categories: 

Tags: 





Play / Pause

Listen now : Just For Kicks

Today’s Shows



6:00 AM

The 6AM Stretch

7:00 AM

World Market Watch

Tony Nash, CEO, Complete Intelligence

7:15 AM

Morning Brief

7:30 AM

Morning Brief

Adrian Chew, ASEAN AI and Data Leader, EY

7:45 AM

Morning Brief

Ahmad Maghfur Usman, Equity Analyst, Nomura Malaysia

8:00 AM

The Breakfast Grille

Manu Bhaskaran, Founding Partner & President, Centennial Asia Advisors

8:30 AM

Morning Brief

Dr. Rachel Gong, Deputy Director, Khazanah Research Institute

8:45 AM

Morning Brief

Dr Syaza Shukri, Associate Professor, International Islamic University of Malaysia (IIUM)

9:00 AM

Opening Bell

9:15 AM

Opening Bell

9:35 AM

What's the Focus

10:05 AM

Open For Business

Isaac Kon, CEO and Founder, Heytech Sdn Bhd

11:05 AM

Resource Centre

Matt Armitage, Founder, Kulturpop

12:00 PM

Enterprise Explores

Michael Freese, Professor of Management, Asia School of Business

1:00 PM

The Breakfast Grille Repeat

Manu Bhaskaran, Founding Partner & President, Centennial Asia Advisors

2:05 PM

Front Row

Classical Kung Fu!; Dr Goh Chia-Chien, Conductor, Violinist and Artistic Director, Musicians Linkage Group of Ensembles

2:20 PM

Front Row

Titik Garis Bentuk: Drawing as Practice; Rahel Joseph, Gallery Director, Ilham Gallery

3:05 PM

Good Things

Native Allies; Daniel Teoh, Founder, Native

4:05 PM

Health & Living

Why A New TB Vaccine Is An Investment Worth Making; Dr Allison Portnoy, Assistant Professor of Global Health, Boston University School of Public Health

5:00 PM

The Evening Edition

7:05 PM

The Evening Edition

7:30 PM

Just For Kicks

9:00 PM

A Bit of Culture

Algorithm vs Putting in the Work; Kam Raslan | Julian Yap | Sheryll Paul