A Practical Guide to Risk Management

Managing risk is at the core of managing any financial organization. Managers within a financial organization must be, before anything else, risk managers in the true sense of managing the risks that the firm faces.. Risk measurement and quantitative tools are critical aids for supporting risk management, but quantitative tools alone are no substitute for judgment, wisdom, and knowledge

Book missing most of the pages I receive the book about a month and a half ago and just got around to reading it. Unfortunately, the book started on page 107missing the first 106 pagesnot sure what to do as the time to return has past.. "the examples are very clear and good if you want to understando how risk is involved" according to Miguel A.. well explained, and in a way the autor present the subject in a phylosophical way, the examples are very clear and good if you want to understando how risk is involved not only in finance industry.. Shawn Pope said Good resource for understanding the psychology of risk. This book, as the title suggests, is more of a practical reference guide rather than a rigorous mathematical treatment of risk. There are some great examples given which clarify some of the psychology of how risk can be misinterpreted. This book will point the reader in the direction of other relevant texts to