Perhaps one of the most famous movie quotes from my childhood was from the 1980 movie ‘The Elephant Man‘ based on the life of Joseph (John) Merrick, a severely deformed man in 19th century London. At one point in the…
You don’t need to mitigate every risk: Tire edition
There’s a nail in the tire of my wife’s car. Rear driver side. Fat head pushed all the way in. It caught her eye on the weekend by accident while the car sat in the driveway. Tire pressure appears normal.…
The Night’s Watch and the Wall of risk management
In the series A Song of Ice and Fire which begins with the book A Game of Thrones, by George RR Martin, we are introduced to the Wall and the Night’s Watch. The Wall is an immense fortification on…
How to Make a Peanut Butter Sandwich: Henry Blodget
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…
How to Make a Peanut Butter Sandwich: Norman Marks
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…
The black swans and Field of Dreams
Yesterday I wrote about a white paper “Black Swans Turn Grey” from PwC. Here’s a footnote to that post. I had a good chuckle when I read about these “new black swan risks”. The authors suggest that all these…
How to Make a Peanut Butter Sandwich: Donald van Deventer
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…
The iPhone 4S of enterprise risk management
Last year Apple released the iPhone 4S and critics pointed out it was pretty much the iPhone 4 with a big-s glued on. Although there were some minor improvements from the iPhone 4, overall it was pretty much the…
How to Make a Peanut Butter Sandwich: Nassim Taleb
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…
Angry Birds risk management
I’ve been playing quite a bit of Angry Birds ever since I got my Samsung Galaxy Tab for my birthday. I love this game. The objective of course is for birds (each with their unique strengths) to destroy the structures…