A look at the highs and lows in a quest for the meaning of volatility
What is volatility? I might as well ask: ‘What is the color blue?’ There are lots of ways of describing blue and it means different things to different people. The same is true of volatility. For IROs, the word used most to describe volatility might be ‘scary’. ‘A big part of IR is having an answer ready when your CEO calls and says, Why is the stock down?,’ points out Brian Matt, vice president of institutional targeting at CapitalBridge.
To begin my hunt, I
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