Real life application of quantitative risk analysis, an excellent case study

Can 17 risk managers double their money in just 2 days with no luck and using only quantitative risk analysis? Find out in this short case study. The problem  To test how well quantitative risk analysis performs I wanted a real life situations, where odds were known and the stakes were high. National lottery looked… Continue reading Real life application of quantitative risk analysis, an excellent case study

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?

The most inspirational story about risk management you will ever read ;)

Most of you know me as an obnoxious risk management blogger who is rude to anyone who uses heat-maps and risk registers as well as to people who think that running risk workshops and preparing quarterly risk reports is a good idea.  But there is a lot more to the story. Here is how me… Continue reading The most inspirational story about risk management you will ever read 😉

Meet the people behind the risk management revolution in Russia and CIS

Integrating risk management into decision making and culture in everything we do: national and international certifications corporate training for some of the largest non-fs corporations MBA and post grad programs with biggest universities risk management textbooks, guidelines, articles, videos risk management maturity assessments with Deloitte risk management business games with Palisade largest non-fs risk management… Continue reading Meet the people behind the risk management revolution in Russia and CIS