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Friday
Jan022009

Peter L. Bernstein on risk

DateFriday, January 2, 2009 at 09:39

Risk doesn’t mean danger—it just means not knowing what the future holds. That insight resides at the core of risk management for companies, whether in managing the potential downside of an investment or putting a value on the option of waiting when making irreversible decisions. In this video Peter L. Bernstein also explains why in the real world the most sophisticated mathematical models can sometimes fail.

 

AuthorAndrew Smart | CommentPost a Comment |
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