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Discussion Murray-Riverina NSW Business Chamber Pascal vander Straeten; 17 April 2012 Entrepreneurial tail risks

Business tail risks

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Page 1: Business tail risks

Discussion Murray-Riverina NSW Business Chamber

Pascal vander Straeten; 17 April 2012

Entrepreneurial tail risks

Page 2: Business tail risks

Business Income & Entrepreneurial Tail Risks

Here the market can be seen to be in the green, but a small perturbation brings it back to the stable blue. In most cases the change is limited, but in extremes the market moves away from the cusp, and the instability produces a massive swing.

Page 3: Business tail risks

Q&A