Some articles on leverage, economic leverage:
... Another risk of leverage is model risk ... investors run high levels of notional leverage but low levels of economic leverage (in fact, these are the type of strategies hedge funds are named for, although not all hedge funds pursue them) ... Economic leverage depends on model assumptions ...
Famous quotes containing the word economic:
“Societys double behavioral standard for women and for men is, in fact, a more effective deterrent than economic discrimination because it is more insidious, less tangible. Economic disadvantages involve ascertainable amounts, but the very nature of societal value judgments makes them harder to define, their effects harder to relate.”
—Anne Tucker (b. 1945)