COVID-19 makes people crazy… and reckless with money. Don’t make the same mistakes

Every few months a group of the best risk managers in Russia play the lottery. Not for the thrills you might expect, but for the calculated and low-risk profits. I have written a series of articles about this, showing some of the logic, the math and the returns we got. Well, yet another big game was… Continue reading COVID-19 makes people crazy… and reckless with money. Don’t make the same mistakes

Sometimes avoiding risk is the best bet (pun intended)

Every few months a group of the best risk managers in Russia play the lottery. Not for the thrills you might expect, but for the calculated and low-risk profits. I have written a series of articles about this, showing some of the logic and the math. Well, another big game was yesterday. We did the… Continue reading Sometimes avoiding risk is the best bet (pun intended)

Absolute triumph for the quantitative risk analysis – part 3/3

Read this till the end. This is one of the best stories of risk management application in real life by some of the best risk managers I have ever met.  I started writing yet another article trying to convince risk managers to grow their quant competencies, to integrate risk analysis into decision-making processes and to… Continue reading Absolute triumph for the quantitative risk analysis – part 3/3

Skin in the game: can risk managers use their witchcraft to make money – part 2/3

I started writing yet another article trying to convince risk managers to grow their quant competencies, to integrate risk analysis into decision-making processes and to use ranges instead of single point planning… but then I thought… why bother… why not show how risk analysis helps make better risk based decisions instead? After all, this is… Continue reading Skin in the game: can risk managers use their witchcraft to make money – part 2/3

Skin in the game: if risk managers are so smart why are they not millionaires?

I started writing yet another article trying to convince risk managers to grow their quant competencies, to integrate risk analysis into decision-making processes and to use ranges instead of single point planning… but then I thought… why bother… why not show how risk analysis helps make better risk based decisions instead? After all, this is… Continue reading Skin in the game: if risk managers are so smart why are they not millionaires?