Risk Awareness Week is scheduled for 5 days. Each day will teach you an important aspect of effective decision making. Day three is all about practical application of decision science and risk management to decision making.
Some of the best experts in the world will share their models and methodologies for making better decisions using risk analysis. Many of the workshops include live demonstrations and links to templates and examples.
Network and meet new people
RAW2019 already has more than 1100 participants. That is a huge and very diverse community. We created a new Facebook group where you ask questions, discuss current risk management and decision making trends, exchange templates and get advice from a group of global risk experts. Plus all the latest risk management and RAW news in one place. I will be sharing some offline resources in the group soon, so don’t miss it.
Click the image below to join:
Win one full-access pass
Congratulations to Natasha, George, Paul, Wayne, Carrie, Obogor, Nikos, Paul, Nikhil and others who received free full access for completing last weeks task.
You on the other hand still have a chance!
To win one of 10 free tickets this this simply post this image in your social media using the hashtag #riskawarenessweek2019
There will be more opportunities to win in the next week’s email. Risk Awareness Week is not about making money, if you are student or really really can’t afford it, just send me a message by hitting reply.
BONUS: Do you want to win a lottery using risk analysis?
I often use risk management in my life. For example I did a risk budget for my wedding and I make most important decisions using risk management techniques. My wife and I couldn’t decide a place for our daughter’s birthday few weeks ago, so we used a basic scoring methodology. The decision became quite obvious after that.
But what I like most is making money using good risk management. So few months ago, me and 12 other amazing risk managers decided to win lottery using risk quantification. We did! 89% return after taxes, with only 9% risk. You read the full story here.
This week, I asked David Vose, one of the greatest global experts on risk analysis, to create a model for a common 7×49 lottery. The model shows 1,3% downside and huge potential for any roll-down games. You can download the model here. Make sure you read and understand what roll-downs are.
The model uses Complete version of the ModelRisk plugin for MS Excel. You can get 90 days free trial if you register.
Can’t figure it out or need help, no problem, just send me a message.