risk manager
4.Finally, in 99% confidence level, across three dimensions of model performance (conservatisnvaccuracy and efficiency), SMA is a better model. However, be a positive risk manager, index-HS and bootstrap2 may be the better choices. On the contrary, the GARCH-t and GARCH-GED methods are more attractive to supervisors and negative risk managers because of their extreme conservatism.
9.General manager Uli Hoeness is very risk-averse and strangely parsimonious in the transfer-market.

