By Rick Nason, PhD, CFA
Partner, RSD Solutions Inc.
Partner, RSD Solutions Inc.
Management is not
a pure science, nor is risk management.
However we often like to fool ourselves and believe that management is a
science. This leads to a desire to be
accurate; accurate in our measurements and accurate in our forecasts. However would you rather be accurate or
useful? The two are most definitely not
the same.
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