Tag archives for Risk

Expect the Unexpected: Risk Management Must Be Creative

A flying spinning top

Modern risk management is a real challenge. Today, I played with my levitation device. I noticed that most people do not believe that levitation is real. In fact there is a formal proof that levitation in a static magnetic field cannot be stable. This situation is similar to common believes in financial markets. In the […]

MS Excel and Risk Management does not blend, or does it?

In many businesses, the risk management grows from a very simple spread sheet into a complex cash flow model. If this complex cash-flow model stays in Excel, then you get an explosive combination. A conference on risk management with spreadsheet models now focuses on this combination: