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Black Swans – The Original Rara Avis

The subject of “event risk” has been gaining in prominence in investment planning by institutional portfolio managers.1 Weather catastrophes, earthquakes, terrorism and other events that do not...

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Flood Disaster Protection Act

This article is based on the author's presentation at the Southwest Regional Real Estate Con­ference (co-sponsored by ASREC and the Southern Methodist University School of Business), held November,...

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