The Known, the Unknown, and the Unknowable in Financial Risk Management: Measurement and Theory Advancing Practice
Winner of the 2012 Kulp-Wright Book Award, American Risk and Insurance AssociationFinalist for the 2010 Paul A. Samuelson Award, TIAA-CREF"It is a bold book, tackling both theory and practice and spanning the worlds of (among others) banking, insurance, real estate, and investment. It is also utterly engrossing. . . . Although this book is most obviously addressed to risk managers and regulators, I think it should be read by every intellectually curious person with skin in the financial game. If the investor or trader doesn't come away with at least one or two ideas of practical importance to his financial life, he is a 'sleepreader.'"--Brenda Jubin,Reading the Markets blog"Peppered with anecdotes and prominent examples, the book never abandons the practical side of its topic. It will be helpful for readers interested in only specific subtopics that each article is a stand-alone piece. I recommend this book to a wide audience: academics and practitioners, of course, but even people who are not directly involved in the financial sector, but are interested in it, will find it definitely worth their time."--Tobias Nigbur,Financial Markets and Portfolio Management