As actuaries we execute Risk management by the book. We dive deep into the tails of our risk sea and try to catch every small risk until we reach the value of the Planck constant.
This approach was a proven method to success during the last decades. Our current financial crisis shows us that no asset class is free of risk. This crisis forces us not only to dive deep but also to look at the high mountains of economic risks and emotional winds.....
In other words, to survive the next decades, we have to practice risk management
In an excellent presentation Chris Martenson shows us that the constant doubling of debt is about tot collapse and that our economy has to make a turn.
If you got some time left in your busy actuarial life, enjoy the full presentation of Chris and define for yourself which asset classes will be strong enough to survive this mother of all crises. Determine how you're going to embed these conclusions in your actuarial models...
Chris Martenson’s presentation at the Gold & Silver Meeting in Madrid
Here's the PPT presentation of Chris.
Martenson Gold Silver Meeting Madrid 20111
Rethink your Asset Mix
If one thing becomes clear in this presentation, it's that your 'In crisis Asset Mix' will differ substantially from your 'Before Crisis Asset Mix'. By means of economic scenarios and combining financial facts with common sense, you and your board are challenged to find the right asset combination that de-risks your portfolio......
After studying Chris' presentation I'm sure you'll be a qualified 'River Deep, Mountain High Actuary' !
Sources/related Links:
- Homepage Chris Martenson
- Picture Rochat
'Trying' is hard: Youtube
This approach was a proven method to success during the last decades. Our current financial crisis shows us that no asset class is free of risk. This crisis forces us not only to dive deep but also to look at the high mountains of economic risks and emotional winds.....
In other words, to survive the next decades, we have to practice risk management
River Deep, Mountain High
In an excellent presentation Chris Martenson shows us that the constant doubling of debt is about tot collapse and that our economy has to make a turn.
If you got some time left in your busy actuarial life, enjoy the full presentation of Chris and define for yourself which asset classes will be strong enough to survive this mother of all crises. Determine how you're going to embed these conclusions in your actuarial models...
Chris Martenson’s presentation at the Gold & Silver Meeting in Madrid
Here's the PPT presentation of Chris.
Martenson Gold Silver Meeting Madrid 20111
Rethink your Asset Mix
If one thing becomes clear in this presentation, it's that your 'In crisis Asset Mix' will differ substantially from your 'Before Crisis Asset Mix'. By means of economic scenarios and combining financial facts with common sense, you and your board are challenged to find the right asset combination that de-risks your portfolio......
After studying Chris' presentation I'm sure you'll be a qualified 'River Deep, Mountain High Actuary' !
Sources/related Links:
- Homepage Chris Martenson
- Picture Rochat
'Trying' is hard: Youtube
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