How Often Should You Expect a Stock Market Correction?
A short history of stock market corrections.
risk
Trading Algos - 5 Key Metrics and How to Implement Them in Python
Metrics surround us. Whether you're building the next big thing and need to measure customer churn,...
Analysis of the Cosmos 1408 Breakup | by LeoLabs | Nov, 2021 | Medium
By now we’ve all heard the news that none of us wanted to hear — a significant breakup occurred in space, and was intentionally performed…
How 12th-century Genoese merchants invented the idea of risk | Psyche Ideas
From the docks of 12th-century Genoa to the gambling tables of today, risk is a story that we tell ourselves about the future
The Most Expensive Number in Engineering - An Engineering Self-Study
How to put a price on the limits of knowledge
How the Space Program Created a Culture of Learning From Failure
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In space, every failure could equal disaster. On Earth, they were priceless gifts.
Respect the Base Rate – Of Dollars And Data
On making optimal decisions, when to expect the average outcome in life, and when not to.
Three Wagers
It’s easy to write or talk about an issue without staking anything on its outcome. After all, that’s what casual forecasters do all the time. But having something in play — reputation or money or something else — can make sure that people remember their claims. This can keep us…
When Every Employee Is a Risk Manager
Risk management needs to be part of the daily lives of all employees up, down, and across an organization. Here’s how the Swiss electricity network achieves that.
Make Boring Plans. You’re probably familiar with the… | by Camille Fournier
You’re probably familiar with the concept of Choose Boring Technology. If you’re not, I’ll wait for you to read the excellent blog post by…
What Do Wall Street Leaders Think Is the Next Big Risk?
We asked three executives who’ve spent their careers on the cutting edge of the financial industry what they see coming in 5 to 10 years. Here are their answers.
Doing Efficient Risk Management in 5 Steps
The five steps below are professional risk management techniques to apply to your projects, proven to be effective. Step 1: Identify the risks
Risk Bow-Tie Method
Bow-Tie is one of the simplest but most helpful risk management tools in the risk management arsenal. And it's highly visual.
Nautilus | Science Connected
Nautilus is a different kind of science magazine. Our stories take you into the depths of science and spotlight its ripples in our lives and cultures.
Managing risk with the NASA Risk Matrix
“It’s not rocket science!” people often say. Well, sometimes, projects can be so complex, making the right decision does feel akin to rocket science. Who better to turn to than one of the biggest space agencies in the world to learn how to manage risk? There are few…
Insurance Risk Pricing — Tweedie Approach - Towards Data Science
An illustrative guide to estimate the pure premium using Tweedie models in GLMs and Machine Learning
Azure GPUs with Riskfuel’s technology offer 20 million times faster valuation of derivatives | Microsoft Azure Blog
We recently collaborated with Riskfuel, a startup developing fast derivatives models based on AI, to measure the performance gained by running a Riskfuel-accelerated model on the Azure ND40rs_v2 Virtual Machine instance powered by NVIDIA GPUs against traditional CPU-driven…
‘Resilience bonds’: A secret weapon against catastrophe
The costs of natural disasters are becoming too much to bear – and it’s driving up premiums no matter where you live. The solution may be a type of insurance never seen before.
veeral-patel/awesome-risk-quantification: A collection of awesome projects,
A collection of awesome projects, blog posts, books, and talks on quantifying risk - veeral-patel/awesome-risk-quantification
How to avoid losses and prune projects proactively
It’s common for companies to hang on for too long to projects or parts of the business that are underperforming. Two effective techniques can help executives make project investment decisions on when to hold on to an asset and when to let it go.
A ferocious tank battle in the desert explains how to prepare for the unexp
The key is flexibility, according to Trump's former National Security Advisor.
Lessons from Robert Smith of Vista Equity Partners
Robert Smith is the Founder, Chairman, and Chief Executive Officer of Vista Equity Partners. A March 2018 Forbes profile described Vista’s performance: “Since the firm’s inception in 2000, Vi…