Kent Osband

Dr. Osband is an American economist, strategist, financial risk analyst and longtime student of Bulgaria. He is the author of two well-known books on quantitative risk analysis (Iceberg Risk: An Adventure in Portfolio Theory and Pandora Risk: Uncertainty at the Core of Finance) and has served both in the public (IMF, WB) and private sectors (Goldman Sachs, CSFB, Fortress Investments).
Views:656
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  Since I last wrote a few weeks ago, North Korea has lost one showdown with the U.S. and has geared up for a second. The first showdown was a threat to ring tiny Guam with a military barrage. The second showdown is the threat

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About Kent Osband

Dr. Osband is an American economist, strategist, financial risk analyst and longtime student of Bulgaria. He is the author of two well-known books on quantitative risk analysis (Iceberg Risk: An Adventure in Portfolio Theory and Pandora Risk: Uncertainty at the Core of Finance) and has served both in the public (IMF, WB) and private sectors (Goldman Sachs, CSFB, Fortress Investments).
Views:592
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  North Korea is a country of 25 million people held hostage by its warlord ruler. Its real GDP per capita is estimated at less than 10% of Bulgaria’s and less than 5% of South Korea’s.  Its main export is fear, sustained by long credible

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About Kent Osband

Dr. Osband is an American economist, strategist, financial risk analyst and longtime student of Bulgaria. He is the author of two well-known books on quantitative risk analysis (Iceberg Risk: An Adventure in Portfolio Theory and Pandora Risk: Uncertainty at the Core of Finance) and has served both in the public (IMF, WB) and private sectors (Goldman Sachs, CSFB, Fortress Investments).
Views:928
Venezuela

  Dependence on Russian oil and gas causes Bulgaria a host of problems. However, a plethora of oil can be a curse too, as it encourages government theft and irresponsibility.  Venezuela’s current agony is a tragic case in point.   Venezuela is a natural paradise,

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About Kent Osband

Dr. Osband is an American economist, strategist, financial risk analyst and longtime student of Bulgaria. He is the author of two well-known books on quantitative risk analysis (Iceberg Risk: An Adventure in Portfolio Theory and Pandora Risk: Uncertainty at the Core of Finance) and has served both in the public (IMF, WB) and private sectors (Goldman Sachs, CSFB, Fortress Investments).
Views:1364
greece

Greece lied its way into the euro launch in 2001, cloaking its unsound public finances from the EU’s nearly blind eye. The boost to credibility allowed Greece to borrow its way to unsustainable growth and exorbitant spending. The financial crisis of 2008 tore away the

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About Kent Osband

Dr. Osband is an American economist, strategist, financial risk analyst and longtime student of Bulgaria. He is the author of two well-known books on quantitative risk analysis (Iceberg Risk: An Adventure in Portfolio Theory and Pandora Risk: Uncertainty at the Core of Finance) and has served both in the public (IMF, WB) and private sectors (Goldman Sachs, CSFB, Fortress Investments).
Views:1345
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Immigrants boost the GDP of the countries that receive them, usually by more than the immigrants earn. Immigrants bring new customs and new perspectives, adding to cultural diversity. Immigration expands opportunities to mix and mingle. Moreover, inter-ethnic violence, like all other violence, is generally declining

This entry was posted in No category, Europe and tagged , , , by Kent Osband.

About Kent Osband

Dr. Osband is an American economist, strategist, financial risk analyst and longtime student of Bulgaria. He is the author of two well-known books on quantitative risk analysis (Iceberg Risk: An Adventure in Portfolio Theory and Pandora Risk: Uncertainty at the Core of Finance) and has served both in the public (IMF, WB) and private sectors (Goldman Sachs, CSFB, Fortress Investments).
Views:1342
xenophobia

  Xenophobia – the fear of foreigners – has always been a serious problem for humanity. In the EU today, however, it is outweighed by xeno-xenophobia – the fear of the fear of foreigners. European elites, eager to promote ever-greater union and reap more of

This entry was posted in Europe and tagged , , , , , by Kent Osband.

About Kent Osband

Dr. Osband is an American economist, strategist, financial risk analyst and longtime student of Bulgaria. He is the author of two well-known books on quantitative risk analysis (Iceberg Risk: An Adventure in Portfolio Theory and Pandora Risk: Uncertainty at the Core of Finance) and has served both in the public (IMF, WB) and private sectors (Goldman Sachs, CSFB, Fortress Investments).
Views:1531
protest_

The Brexit and “Trumpit” movements share many similarities. Both played on discomfort with globalization and immigration. They were portrayed in the media as ignorant, reactionary, and racist. Neither seemed more than minor threats at first, their leaders too inept or buffoonish to last. The very

Views:753
liberty

  Broad division of labor is mankind’s greatest economic innovation ever, and globalization is its greatest fruit. Nothing spurs more growth and innovation. Nothing intertwines civilization more. Yet every upside comes with a downside, and the main current downside of globalization is the squeeze on

Views:1779
Self-driving cars

  AI-driven cars (also known as driverless cars or self-driving cars) will revolutionize transportation in the 2020s. They will be far safer and faster than human-driven cars. They will ease urban congestion and save humans billions of hours spent steering.   Google, Apple and a

This entry was posted in Bulgaria and tagged , , , by Kent Osband.

About Kent Osband

Dr. Osband is an American economist, strategist, financial risk analyst and longtime student of Bulgaria. He is the author of two well-known books on quantitative risk analysis (Iceberg Risk: An Adventure in Portfolio Theory and Pandora Risk: Uncertainty at the Core of Finance) and has served both in the public (IMF, WB) and private sectors (Goldman Sachs, CSFB, Fortress Investments).
Views:2153
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  While Bulgarians can do a lot to leap ahead in AI, they can’t leap ahead all together. No one can. At best, a leap-ahead committee – say, a non-governmental organization (NGO) dedicated to promoting AI – can fire up enthusiasm and share best practices.

This entry was posted in Bulgaria and tagged , , , , , , by Kent Osband.

About Kent Osband

Dr. Osband is an American economist, strategist, financial risk analyst and longtime student of Bulgaria. He is the author of two well-known books on quantitative risk analysis (Iceberg Risk: An Adventure in Portfolio Theory and Pandora Risk: Uncertainty at the Core of Finance) and has served both in the public (IMF, WB) and private sectors (Goldman Sachs, CSFB, Fortress Investments).