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Finance International

Book Review: The Pillars of Finance

The Pillars of Finance: The Misalignment of Finance Theory and Investment Practice. By Guy Fraser-Sampson. Palgrave Macmillan, 2014; 260 pages Guy Fraser-Sampson’s new book argues Modern Portfolio Theory fails to

Economics International

Why corporate culture needs risk literacy

Risk can be calculated with at least fair amount of confidence. Uncertainty cannot. Therein lies confusion. It is important to recognize the distinction between two fundamental but closely related concepts