*/By Rick Nason, PhD, CFA
Partner, RSD Solutions Inc./*
*/Follow us on Twitter/* [1]
Theodore Roosevelt suffered from chronic asthma as a child. His parents,
like all parents would, sought out the best cures for his condition.
Ironically enough, one of the suggested cures was supposedly cigar smoking.
In today's age the suggestion that cigar smoking would alleviate asthma
seems comical at best but more likely dangerous and counter-productive.
However before we marvel at the stupidity of medical thinking in the late
1800's we ought to pause and realize that many of our best thoughts today
will equally be seen as comical at best and more likely dangerous and
counterproductive 150 years from now. Furthermore, we in risk management
are very likely not immune from that fact.
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