Overview: Analyses nonlinear risk, human biases and computational biases inherent in indices, ETFs and Index Funds..Discusses the complex adaptive systems approach and the “ecosystem of the index world”; and im.Indices, index funds and ETFs are grossly inaccurate and inefficient and affect more than €120 trillion worth of securities, debts and commodities worldwide. This book analyzes the mathematical/statistical biases, misrepresentations, recursiveness, nonlinear risk and homomorphisms inherent in equity, debt, risk-adjusted, options-based, CDS and commodity indices – and by extension, assoc
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