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The Book of Risk
 
 

The Book of Risk (Hardcover)

by Dan Borge (Author)
5.0 out of 5 stars See all reviews (1 customer review)
RRP: £29.99
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Product details

  • Hardcover: 256 pages
  • Publisher: John Wiley & Sons (9 May 2001)
  • Language English
  • ISBN-10: 0471323780
  • ISBN-13: 978-0471323785
  • Product Dimensions: 23 x 15.4 x 2.4 cm
  • Average Customer Review: 5.0 out of 5 stars See all reviews (1 customer review)
  • Amazon.co.uk Sales Rank: 376,228 in Books (See Bestsellers in Books)
  • See Complete Table of Contents

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Product Description

Review
one of the best business books of 2001 (getAbstract , 15 January 2002)

Product Description
Learn the art––and science––of risk management

In this exceptionally lucid, accessible book, one of the most highly regarded industry experts illuminates the delicate process of making decisions in an uncertain world and helps both lay people and professional risk managers understand the role of "risk–management" in their work, their lives, and their businesses. This book will enable professional risk managers to truly grasp the concepts behind their tools, and it will enable their clients (investors) and their coworkers to understand them as well. Handy and easy–to–read, The Book of Risk provides a down–to–earth look at an exciting field that has practical applications for everyone.

Dan Borge, PhD (Clinton Corners, NY), was managing director and partner at Bankers Trust Company. He was with Bankers Trust for the last twenty years and was the architect of the first–ever risk management system implemented institutionally––Bankers Trust′s renowned RAROC system. Prior to working at Bankers Trust, he designed airplanes at Boeing. He is an aeronautical engineer and has a PhD in finance from Harvard Business School.

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18 of 20 people found the following review helpful:
5.0 out of 5 stars Highly Recommended!, 21 Jun 2001
By A Customer
In a bureaucracy, it's taken for granted that any risk - like any flesh-eating bacteria - is a bad thing. But in a fast-paced environment in which decisions must be made in rapid-fire, risk is not only a constant, it's a primary ingredient to success. So too in your daily life, in which each decision - Do I drive to work or take the train? Do I have a cigarette or use the patch? - ultimately comes down to a weighing of risks versus potential rewards. Dan Borge takes the sophisticated risk-management theories employed by some of the world's smartest companies and boils them down to easy-to-grasp principles that can be used by any business or individual. Some books must be read carefully in order to be appreciated, and this is certainly one of them. Risk management is complex, and despite Borge's skill at getting to the heart of the matter, you'll find yourself mulling over the intricacies of each page of this finely wrought book. We at getAbstract.com recommend this book to all senior executives, and to any professionals with the potential to join those ranks - provided they make the right decisions.
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