Market Risk

List of Commonly Conflated Financial Terms

In this blog post we discuss a number of financial terms whose precise meaning is frequently intentionally or unintentionally obscured. As a result those terms may, like a Rorschach Blot, mean different things to different people. Unlike this famous psychological test, ambiguity in weighty financial matters can have adverse consequences.

Reading Time: 13 min.
According to wikipedia Conflation is the merging of two or more sets of information, texts, ideas, opinions, etc., into one, often in error. This may lead to misunderstandings, as the fusion of distinct subjects might obscure analysis of relationships which are emphasized by contrasts. Why does conflation happen in the first place? There are several possible factors which in some contexts may be co-existing and overlapping: gratuitous (over)simplification driven by laziness or habit literacy gaps in either the originator or the receiver of information an objective to frame, mislead or otherwise be economical with the truth In this blog post we discuss a number of interrelated financial terms whose precise meaning is frequently intentionally or unintentionally obscured.
9 Things They Do Not Tell You About Risk Management

9 Things They Do Not Tell You About Risk Management

Risk management means different things to different people. In this post we explore some truths about professional risk management that highlight both the challenges it is facing as a discipline and the significant role it can play towards a sustainable future

Reading Time: 12 min.
9 things they do not tell you about risk management Risks don’t fall from the sky, they are generated by other people Informal Risk Management was practiced by individuals since time immemorial. This is the domain of intuitive decision-making, assessing a situation on the spot and taking immediate action to avoid obvious risks. Over aeons empirical risk management has collected a treasure of heuristics, rules of thumb and colorful Risk Management One-Liners such as: There is never only one cockroach.