Thursday, July 7, 2011

6 common pitfalls in risk management

Our friends at Eight to Late have a nice post on 6 common pitfalls in risk management. Click on the link to get all the details.

Of course in all things like this, there's a balance to be drawn.  For instance, in the first pitfall we are told not to rely too much on subjective judgment, followed by three or four others that tell us not to be trapped by quantitative analysis.

Oh well, what's an analyst to do?  Damned if you do or damned if you don't!

Nevertheless, a good list and worth a read!

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