Adequate

 

/*By Rick Nason, PhD, CFA
Partner, RSD Solutions Inc.*/

We are in the age of ranking and rating things.  Ten best, and ten worst
lists litter the internet.  Try to find a restaurant site that doesn't
have the number of stars they received from the various reviewers on it. 
Ask someone if they liked a movie and they will answer with a number out of
ten.

 How would you rate your risk management system?  Does it matter?  Is an
adequate risk management system good enough?  Does anyone even think of
ranking the risk management system?  Should they be doing so, or does it not
matter?