1. See a Bubble?
- Author
-
Lowenstein, Roger
- Subjects
- *
HEDGING (Finance) , *HEDGE funds , *ANXIETY , *FINANCIAL management , *INVESTMENTS , *FINANCIAL planning , *PORTFOLIO management (Investments) , *ASSET management , *INVESTMENT policy , *RISK assessment , *INVESTMENT analysis , *ADJUSTABLE rate mortgages , *MORTGAGE loans , *DERIVATIVE securities , *SECURITIES industry , *STOCK exchanges , *PERSONAL finance , *RISK - Abstract
Comments on financial anxieties. Ways that excessive, or inappropriate, vigilance exacts a price; Contention that people who insulate their portfolios against phantom risks pay a toll; How, in limiting risk, people also limit the opportunity for gain; Focus on Wall Street hedge funds; Reasons why people worry about hedge funds; Topic of risk aversion; Risks in real estate, including adjustable-rate mortgages; Discussion of derivatives; Efforts of Wall Street to market derivatives as a tool for making risk more palatable.
- Published
- 2005