Wednesday, May 1, 2013

More is Not Always Better

 

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

When you have an ache, taking a pain reliever generally helps, but taking
more pain relievers is not always better.  Taking too many pain relievers
can lead to more problems than they solve.  Too many pain relievers can lead
to addiction.  Too many pain relievers can mask the real problem.  Too many
pain relievers may exasperate the problem.  Too many pain relievers may cut
off the search for an alternative solution. 

As with aches, there are many instances in risk management where more is not
always better.  If a little bit of a solution does not help, there is a
decent chance that more of the solution will also not help.

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