Saturday, September 25, 2010

Wizards (Vincente series Part 4)


by Rick Nason, PhD, CFA
RSD Solutions Inc.

Continuing with a quote from the book by Kim Vicente, “The Human Factor”; 

“… so generally the wizards are put in sole charge of technological development because we don’t believe the technically challenged Humanists have anything to offer …”

Does the quote not sum up a lot of risk management systems?  As a so-called “wizard” (back-ground in physics, and a PhD in Finance), I should be appalled that someone implies even remotely that “Humanists” have something to offer in terms of risk management.  Of course risk management should be technically advanced, and developed using the best systems and techniques that technologically advanced wizards can create – shouldn’t it?

Or is there something that humanists can offer?

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