How to be a Complete and Utter Failure as a Risk Manager

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

*/Follow us on Twitter/* [1]

Want to know how to be a complete and utter failure as a risk manager? 
Here's a start:

1) Trust all numbers unconditionally and take them all at face value
2) Ignore wisdom, experience and critical thinking
3) Never ask questions
4) Don't bother to build a team of experts.  Become an expert in each
area yourself
5) Ignore small probability events
6) Financial markets are irrelevant and / or frequently wrong and thus you
do not need to watch them
7) Realize that history is irrelevant.  Likewise, realize that all history
is totally relevant.

(With apologies to Steve McDermott. 
http://www.amazon.com/Complete-Utter-Failure-Life-Everything-ebook/dp/B004MMEIZK/ref=sr_1_1?ie=UTF8&qid=1391716427&sr=8-1&keywords=how+to+be+a+complete+and+utter+failure+in+life
[2]  )


[1] https://twitter.com/rsdsolutions
[2]
http://www.amazon.com/Complete-Utter-Failure-Life-Everything-ebook/dp/B004MMEIZK/ref=sr_1_1?ie=UTF8&qid=1391716427&sr=8-1&keywords=how+to+be+a+complete+and+utter+failure+in+life