The term marginal comes from the Latin, “marginalis,” and is in reference to an edge or border. In my discipline (Sociology), we trace the concept to Robert Park, who referred to the marginal man as a ...

Marginal VaR measures the risk added by new investments in a portfolio. Learn its definition, how it works, calculation, and impact on overall risk management.

This prevalent (and important) perspective on marginality can sometimes overlook other, perhaps unexpected, aspects that a marginal position may carry with it. In turning to a broader consideration of ...