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Day 1: Auditors and Zombies In a factory someplace, there are 20 workers whose job it is to continuously pass a ball to each other as quickly as possible. Watching this important work from a viewing area are 10 newly minted auditors selected from a Big 4 accounting firm. On this day, managers give each […]

In celebration of La Fête Nationale, Bastille Day, on July 14 here is an example of some poor risk management on the part of the British. The late historian Robert Sobel once noted that the “British created a civil service job in 1803 calling for a man to stand on the Cliffs of Dover with […]

My 14-year old son recently bought himself a not-so-inexpensive bike with his own money. On the Monday after the purchase he wanted to take the bike to school. I advised against this as he had a pretty lousy bike lock. “C’mon, dad”, he replied, “who’s gonna steal my bike in this neighbourhood?” (After all, we […]

There’s an old joke about two campers that are awakened by a hungry bear. The first guy yells ‘run’ but the second guy stops to put on his running shoes on first. The first guy asks if his companion really thinks that the shoes will help him out run the bear. To which the second […]

With the news this morning that your eHarmony or LinkedIn password was posted on a Russian website, people are frantically changing their passwords today. Or so one hopes. Why all the urgency? Should anyone be concerned that some troublemakers are going to hack your LinkedIn profile and change your Harvard MBA to one from Ohio State […]

I am always amazed that despite the enormous square footage of our planet and the tiny amount of poop produced by a bird that it is possible for my car to get hit. But it occurs despite how unlikely it would otherwise appear.   Shit happens.   We know this because history tells us it […]

If there are two things you have noticed about this blog, I often write about zombies and the Moment of Risk Enlightenment. Today’s post combines both. (Note: This post contains spoilers about season two of the Walking Dead.) I was catching up on season two of the “post-apocalyptic” television show The Walking Dead this week. […]

A website dedicated to the popular show Lost published a post a while back about how each of the characters on the show would make a peanut butter and jam sandwich. I have borrowed this idea to illustrate how some finance or risk management professionals might make their own sandwich. In my 4th instalment we look at […]

  In my third instalment of this increasingly less funny series, we look at how popular auditor and blogger Norman Marks might make a PBJ sandwich. How to Make a Peanut Butter Sandwich: Norman Marks Add jam and peanut butter to bread. Perform a self-assessment to determine if that was actually peanut butter, jam and bread. Check off […]

A website dedicated to the popular show Lost published a post a while back about how each of the characters on the show would make a peanut butter and jam sandwich. I have borrowed this idea to illustrate how some finance or risk management professionals might make their own sandwich. In my first PBJ post, we looked […]