Deutsche Bank – Too Big To Fail or Too Complex To Survive?
Complexity and interdependency are the hallmarks of our time. The increase of complexity and turbulence in the markets andContinue Reading
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Complexity and interdependency are the hallmarks of our time. The increase of complexity and turbulence in the markets andContinue Reading
You only appreciate the importance of systemic analysis once you see the kind of new knowledge it delivers. There isContinue Reading
The complexity of modern products, as well as the associated manufacturing processes, have been increasing over the past fewContinue Reading
“…correlation is charlatanism” Photo: AP photo/Richard Drew “Anything that relies on correlation is charlatanism” is a great article. But isContinue Reading
Over the past twelve months we’ve had the Ruble crisis, the plummeting oil prices, the Ukraine crisis, the GreekContinue Reading
As we know, excessive complexity is a formidable source of fragility. If you want to make something fragile, make itContinue Reading
The GDP of Greece accounts for a very small percentage of that of the Eurozone. And yet, the magnitude ofContinue Reading
31-st December, 2014 As our company celebrates this month ten years of activity, it seems fitting to answer, inContinue Reading
Preface to “A New Theory of Risk and Rating” by Giulio Sapelli. The Elegance of Frugality and Risk. From aContinue Reading
The following article is by Tim Fernholz, and has been written on September 16-th, 2013 and is proposed here verbatim.Continue Reading









