[Read now] Plight of the Fortune Tellers: Why We Need to Manage Financial Risk Differently






#1165339 in eBooks 2010-11-08 2010-11-08File Name: B004GEAWRW

1 of 1 people found the following review helpful. I really enjoyed reading how Riccardo differentiates events that have low probability ...By Shashi DhungelAfter listening to the authorrsquo;s analysis in Econotalk podcast (If you do not know what econtalk.org is I suggest you take a peek. I assure you, you will bump into things that you will like) I bought this book and read first few chapters with deep interest. Riccardo Rebonato has a very impressive resume. I really enjoyed reading how RicToday's top financial professionals have come to rely on ever-more sophisticated mathematics in their attempts to come to grips with financial risk. But this excessive reliance on quantitative precision is misleading--and puts everyone at risk. In Plight of the Fortune Tellers, Riccardo Rebonato forcefully argues that we must restore genuine decision making to our financial planning. Presenting a financial model that uses probability, experimental psychology, and decision theory, Rebonato chall...


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You can specify the type of files you want, for your device.Plight of the Fortune Tellers: Why We Need to Manage Financial Risk Differently   |  Riccardo Rebonato.Not only was the story interesting, engaging and relatable, it also teaches lessons.

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