Volatility and market turmoil continue as hedge funds consider their options

Hedge funds continue to face challenges but the tide seems to have turned. There are substantially more fund launches and a greater willingness of investors to put money into the industry.


Probabilistic models aim to explain human cognition by appealing to the principles of probability theory and statistics which dictate how an agent should act in situations that involve uncertainty.
Thomas L. Griffiths, department of cognitive and linguistic sciences, Brown University, and Alan Yuille, department of statistics, University of California, Los Angeles.

People make decisions based on probabilities that are constantly being calculated and refined in their heads… The brain collects small

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