by Rick Nason, PhD, CFA
Partner, RSD Solutions Inc.
As I write this blog I am also watching one of the bowl games on the internet. As I would be too distracted by watching the actual game (and not getting this blog done), I am watching the box score. It is actually a very unique way to watch a football game. You get lots of stats updated in real time that you would not get if you were at the game. You also get to participate in chat rooms and read and send zingers about how the game is going to literally thousands of other fans who also have their computer at hand while the game is on. It is a data junkie’s dream.
It also sucks compared to actually being at the game.
But wait – before you sign off thinking this is another crappy blog by yours truly, ask yourself if there is a parallel in risk management? Namely, are we running risk management by being so absorbed in the numbers that we actually have forgotten about the much more enriching and valuable experience of actually being at the game? Are we a slave to the stats, or by what is actually happening on the field?
No comments:
Post a Comment