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Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Risk Allocation Under Uncertainty: Entropy, Drawdown Control, Tail Risk, and Capital Preservation in Non-Normal Markets

Risk Allocation Under Uncertainty: Entropy, Drawdown Control, Tail Risk, and Capital Preservation in Non-Normal Markets

Paperback

Investing & Finance

ISBN13: 9798279347865
Publisher: Independently Published
Published: Dec 21 2025
Pages: 540
Weight: 1.42
Height: 1.34 Width: 6.00 Depth: 9.00
Language: English
Reactive Publishing

Risk Allocation Under Uncertainty is written for investors and quantitative practitioners who recognize that real-world risk does not follow normal distributions and that capital allocation must be designed for uncertainty, not equilibrium.

Most portfolio frameworks rely on variance-based risk measures and Gaussian assumptions that underestimate drawdowns, tail events, and structural breaks. In non-normal markets, these assumptions fail precisely when protection is most needed. This book reframes risk allocation around survival, information, and capital preservation, rather than optimized return profiles that collapse under stress.

Also from

Munrow, Danny

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Investing & Finance