Category talk:Portfolio risk management

This category is intended to capture the various aspects of risk management. Suggested topics by bobcat2 (via PM):

The first four moments of a distribution:
 * Left tale risk
 * Right tale opportunity
 * Fat tails
 * Long tails
 * Expected (mean) return
 * Standard deviation (volatility) (Standard deviation page exists -- LadyGeek)
 * Skewness (page exists -- LadyGeek)
 * Kurtosis (Excess kurtosis page exists -- LadyGeek)

Also needing discussion:
 * Median of a distribution and how skewness affects the relationship between the mean and the median
 * Correlations and confidence intervals
 * Why for annual returns the log normal distribution, rather than the normal distribution, should be used

--LadyGeek 21:26, 21 February 2011 (EST)
 * The three types of risk transfer strategies, as described in What do bogleheads *not* agree on?

The above topics are now outlined in Investment risk (removed link --LadyGeek 20:04, 26 February 2011 (EST)). I misplaced the location of the distribution moments. It should have been: --LadyGeek 22:07, 23 February 2011 (EST)
 * The first four moments of a distribution: Expected (mean) return, Standard deviation (volatility), Skewness, Kurtosis

--LadyGeek 20:04, 26 February 2011 (EST)
 * I removed the link in my previous comments, as the page will be renamed.
 * An average investor will not understand what a "moment" of distribution is; will work on simplifying the terminology. Collaborating with bobcat2.