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About the Author Nigel Da Costa Lewis is a speaker, writer, and researcher on the uncertainty, risk, and irrational bias found in investing. Try the Kindle edition and experience these great reading features: Share your thoughts with other customers. Write a customer review. Showing of 1 reviews.
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I bought this book with the hope of getting a nice introduction to the field of risk management. Unfortunately, this book is full of stories and has very little actual content. In addition, I found the writing to be very low quality. I am very disappointed with this book.
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Gregoriou, Giovanni Batista Masala January 25, As pension fund systems decrease and dependency ratios increase, risk management is becoming more complex in public and private pension plans. Pension Fund Risk Management: Financial and Actuarial Modeling sheds new light on the current state of pension fund risk management and provides new Although uncertainty and flexibility are important attributes that drive the value of an investment, they are seldom systematically considered in traditional financial analysis. Through theory and case studies, Decision Options: The Art and Science of Making Decisions details how uncertainty and Please accept our apologies for any inconvenience this may cause.
Exclusive web offer for individuals. Operational Risk Modelling and Management 1st Edition. Yet many risk managers do not have a clear understanding of the basics.
Requiring no statistical or mathematical background, The Fundamental Rules of Risk Management gives you the knowledge to successfully handle risk in your organization. The book begins with a deep investigation into the behavioral roots of risk.
Using both historical and contemporary contexts, author Nigel Da Costa Lewis carefully details the indisputable truths surrounding many of the behavioral biases that induce risk. He exposes the fallacy of the wisdom of experts, explains why you cannot rely on regulators, outlines the characteristics of the "glad game," and demonstrates how high intelligence or lack thereof can lead to loss of hard-earned wealth.
He also discusses the weaknesses and failures of modern risk management. Moving on to elements often overlooked by risk managers, Dr. Lewis traces the link between corporate governance and risk management.
He then covers core lessons surrounding the role of risk managers as well as the difficult subject of integrated, single lens analysis of risk. The book also explores aspects of spreadsheet risk and draws on lessons learned in the information systems and software engineering communities to provide guidance on selecting the right risk management system.
It concludes with a discussion on the most dominant of risk measures—value at risk. Through examples and case studies, this thought-provoking book shows how the rules of risk can work to protect and enhance investor value. For Further Thought Additional Resources.
Nigel Da Costa Lewis is a speaker, writer, and researcher on the uncertainty, risk, and irrational bias found in investing.