WATCH REPLAY: Probability for Pragmatists

https://2020.riskawarenessweek.com/talks/managing-irreducible-risks-through-portfolio-analysis-hedging-and-diversification/ The success of quantitative risk management rests on our ability to assess probabilities, but what is a probability anyway? How do you know if your assessments are any good… Continue reading WATCH REPLAY: Probability for Pragmatists

3 steps to apply Monte-Carlo simulations to any investment project decision

Risk management 2 shouldn’t be difficult. So I started on a quest to come up with a simple methodology for quantitative risk analysis that will actually improve decision making. This… Continue reading 3 steps to apply Monte-Carlo simulations to any investment project decision

WATCH REPLAY: The Cat Insurance Puzzle: Why People insure their Cellphone but not their Home – Annette Hofmann

https://2020.riskawarenessweek.com/talks/dr-annette-hofmann/ The cat insurance puzzle refers to the low or missing demand for high-severity-low-probability events, which is surprising given the high demand for low-value insurance products such as cell phone… Continue reading WATCH REPLAY: The Cat Insurance Puzzle: Why People insure their Cellphone but not their Home – Annette Hofmann

Here is a small lesson I learned a while back

If you want to integrate risk management into decision making, you have to talk the same language as decision makers. That means that if the decision is made based on… Continue reading Here is a small lesson I learned a while back