Archives: Book Reviews

The Puritan Gift: Reclaiming the American Dream Amidst Global Financial Chaos
by Kenneth Hopper, William Hopper

 in Kenneth Hopper / William Hopper  tagged Financial Risk by

    The collapse of Lehman Brothers and other Wall Street institutions sent shock waves around the world. But this was just the beginning. Whole nations have been dragged to the brink of bankruptcy. Banks on both sides of the Atlantic have been nationalised. The stock market is out of control and the global economy is in meltdown. Financial experts and the media are clamouring to tell us that these events are unprecedented and unpredictable. But is this really true or should we all have seen it coming? The authors of ‘The Puritan Gift’ saw the writing on the wall […]

Genre: Financial Risk

The Failure of Risk Management: Why it’s Broken and How to Fix it
by Douglas W. Hubbard

 in Douglas W. Hubbard  tagged Risk Management by

  An essential guide to the calibrated risk analysis approach The Failure of Risk Management takes a close look at misused and misapplied basic analysis methods and shows how some of the most popular “risk management” methods are no better than astrology! Using examples from the 2008 credit crisis, natural disasters, outsourcing to China, engineering disasters, and more, Hubbard reveals critical flaws in risk management methods–and shows how all of these problems can be fixed. The solutions involve combinations of scientifically proven and frequently used methods from nuclear power, exploratory oil, and other areas of business and government. Finally, Hubbard […]

Genre: Risk Management