The Book of Risk / Edition 1: Dan Borge, Borge: 0471323780: 9780471323785


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Title: The Book of Risk / Edition 1
Author: Dan Borge, Borge
ISBN-10: 0471323780
ISBN-13: 9780471323785

A down-to-earth look at an exciting field for everyone who’d like to shift the odds in the game of life in their favor, The Book of Risk is especially valuable reading for sophisticated investors, entrepreneurs, finance professionals, and managers throughout all industry sectors. It also contains practical applications for professional risk managers interested in gaining a more thorough understanding of the concepts behind the tools they use every day. Written by one of the most highly regarded experts in the field, The Book of Risk is an exceptionally clear, thoroughly entertaining introduction to contemporary risk management. Dan Borge illuminates the delicate process of making decisions in an uncertain world from a professional risk manager’s point of view. Writing with verve and good humor, he breaks the concepts and applications of risk management down into plain English. He describes the techniques professional risk managers use for determining probabilities and ferreting out personal preferences, and then combines them in a way that helps you to take more effective action, increase your chances of positive outcomes, and recognize and seize further financial opportunities. And, most importantly, Dan Borge shows you where in your life-personal or professional-you already act as a “risk manager” and how to adapt risk management methods for achieving your goals and shaping your destiny. Face it, life is all about change, and the future is always uncertain. Each one of us, in our own way, expends a considerable portion of his or her mental energies each day sizing up odds, weighing risks and benefits, and attempting to avoid negative outcomes. As Dan Borge explains in his lucid, down-to-earth style, you should read this important book “not to become a risk manager, but to become a better risk manager, since we are all risk managers already.”