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Portfolio Risk Management
Move beyond basic risk metrics to master VaR methodologies, stress testing, portfolio risk decomposition, hedging decisions, and the behavioral traps that cause investors to misjudge risk.
Before this course
These cover the assumed background. You can start here anyway — nothing is locked.
Lessons in this course
Work through them in order, or jump to whichever fits where you are. Every lesson is free and saves your progress locally.
- 01Value at Risk: Three Ways to Measure Worst-Case Losses
- 02Adverse Selection and Market Unraveling
- 03Beyond VaR: Expected Shortfall and Tail Risk
- 04Portfolio Risk Decomposition: Where Your Risk Comes From
- 05Stress Testing and Scenario Analysis
- 06Hedging Strategy Selection: When, What, and How to Hedge
- 07Risk-Adjusted Returns: Measuring What Matters
- 08Behavioral Risk Biases: The Investor's Worst Enemy
- 09Jensen's Inequality and Precautionary Saving
- 10Stochastic Dominance and Ranking Risky Payoffs
- 11The Two-Period Consumption-Savings Model
- 12Adverse Selection: Pooling and Separating Equilibria
- 13Moral Hazard and Agency Costs
- 14Knightian Uncertainty and Ambiguity Aversion
- 15Risk Metrics: Sharpe, Beta, and Drawdown