Kendrick Wakeman

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Last quote by Kendrick Wakeman

If you look at the market historically, we have had, on average, a crash about every eight to 10 years, and essentially the average loss is about 42 percent. If you say, Over the next six months, we think there is a 95 percent chance that you won't lose more than 17 percent,' that's a legitimate risk metric from a quantitative finance standpoint, but it's not a good way to explain risk to people with no financial training.
Mar 13 2017
We found 1 article in which Kendrick Wakeman said something. The most recent Kendrick Wakeman’s quote is: “It's the client taking the risk, so they are entitled to know the risk they are taking, and there is no better way to talk about it except in a crash scenario.”. In addition, all sources we refer have quoted Kendrick Wakeman 6 times. On this page, you will find all of Kendrick Wakeman’s quotes organized by date and topic.
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Quotes by Kendrick Wakeman

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