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Friday Risk Reading: Shackleton

I was catching up on holiday reading and came across this excellent New York Times piece on Ernest Shackleton written by Harvard Business School professor Nancy Koehn. 286 more words

Taking & Managing Risk

The 2011 Risk List: The year's 5 best risk-takers

As 2011 disappears in the rear-view mirror, here’s my list of noteworthy risk-takers over the past year.  These are the people and institutions that took risks intelligently and won.  656 more words

Financial Services

RIP, Christopher Hitchens

There are many tributes today to Christopher Hitchens, and they’re packed with links to his many writings and interviews – one of the hallmarks of the public intellectual in the modern age.  79 more words

Friday Risk Reading

In hedge fund manager’s letter, an echo of the 1930s

Prominent hedge-fund manager Leon Cooperman wrote a widely distributed letter to President Obama this week in which he decried the President’s role in framing the national economic debate in “class warfare” terms. 242 more words

Friday Risk Reading

On air crashes and financial failures

I happened to be reading Malcom Gladwell’s excellent book, Outliers, just as MF Global was collapsing, and I came across Gladwell’s discussion about another kind of crash – those involving airplanes. 341 more words

Financial Services

While politicians dither on climate risk, companies act

Climate change has all but disappeared from the headlines, aside from serving as a popular punching bag for Republican presidential candidates.

But while politicians are busy denying the problem, businesses are taking action.  368 more words

Friday Risk Reading

Friday Risk Reading: Fostering a healthy risk culture

Lately I’ve been thinking a lot about risk and corporate cultures.  Some cultures produce disasters, like the massive, concealed trading loss at UBS – the most recent in a long streak of debacles for the bank.  497 more words

Taking & Managing Risk