Trading desks would estimate the maximum possible loss on risky assets, hedge it and then record the net risk as minimal, inadvertently concealing huge tail risks inthegross exposure.
The percentage of Gross National Product spent on education is reasonably similar inthe two countries, so how is this higher and more consistent attainment in maths achieved?
两国的教育经费占国民生产总值的比例相当接近,那么,这种更高、更稳定的数学成绩是如何实现的呢?
3
The company only dismisses its employees in cases of gross misconduct.