Nassim Nicholas Taleb
How to trade like the investor who made $1bn in a day
Mark Spitznagel won’t reveal how he made a 4,144% return, but he does discard plenty of rival trades
Risk managers take note: Brexit was not a black swan
Protecting yourself against true black swans is the art of the possible, not the probable
In operational risk, the future ain’t what it used to be
Just because we can't measure op risk accurately doesn't mean we should give up, argues Peter Sime
And so, farewell: David Rowe's final risk analysis column
After 16 years as our risk analysis columnist, David Rowe looks back at a recurring challenge
Risk managers should learn from the mistakes of others
Early warning signs can provide vital clues to firms with ‘feet of clay’
The Universa approach to hedging tail risk
Profiting from disaster
Looking at Black Swans
In the second of a four-part series on the development of risk management, David Rowe considers the phenomenon of high-impact events, or Black Swans
Expect the unexpected
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Risk 07: modern portfolio theory should be ditched, says Taleb
Banks should abandon modern portfolio theory as it does not capture unexpected rare events, according to Nassim Nicholas Taleb, author of the risk management book The Black Swan .
Sponsor's article > Op risk and Black Swans
Scarce data is a well-recognised problem for the assessment of operational risk. In such circumstances, David Rowe argues, it is necessary to blend professional judgement with the available data. In doing so, however, it is crucial to counter some well…