Building Your Wings on the Way Down: Wilmott Magazine Article – Aaron Brown

And while you’re at it, learn to play poker too.

Ray Bradbury famously defined “living at risk” as jumping off a cliff and building your wings on the way down. Too many financial risk managers who came late to the field think of risk as a passive bad thing to be minimized, an unfortunate by-product of profit-making activities, like air pollution, neckties or meetings

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