(Un)Calculated Risk | by Peter Orr of Intuitive Analytics

Why Option Pricing Models are Wrong for Tax-exempt Issuers (Part 1)

Posted by Peter Orr on Feb 03, 2015

"It's not how we make mistakes, but how we correct them, that defines us."  - Anonymous

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2013 Discovery - The Missing Link in Interest Rate Modeling!

Posted by Peter Orr on Jun 20, 2013

"There is no logical way to the discovery of these elemental laws. There is only the way of intuition, which is helped by a feeling for the order lying behind the appearance."  - Albert Einstein

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Muni Call Options: Information vs Price

Posted by Peter Orr on Jun 05, 2013

Today on (Un)Calculated Risk we welcome Shaun Rai, a Managing Director at Montague DeRose and Associates, as our guest contributor (and another outstanding IA client!). 

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VIDEO: Using Excel to Size a Muni Bond Deal

Posted by Peter Orr on Aug 30, 2012


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The ‘Formula that Killed Wall Street?’ or ‘Know A Bad Rate Model When You See It’

Posted by Peter Orr on Jun 19, 2012

"Copulas are generally an early doodling activity in an area." - Anonymous Street quant

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VIDEO: SIFMA and LIBOR Interest Rate Model for Public Finance

Posted by Peter Orr on Apr 21, 2012

Lots of people think rate models are the sole domain of astrophysicists who've gone through a career change. In this video, we break down the details of a simple but very powerful interest rate model that captures the fact that variable rates....well, vary. It's a companion to our Cashflow Model Example.xls and whitepaper on Interest Rate Models for Liability Management.  Enjoy and let us know what you think!

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