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Strategic Risk Taking: A Framework for Risk Management
book

Strategic Risk Taking: A Framework for Risk Management

by Aswath Damodaran
August 2007
Intermediate to advanced
408 pages
11h 53m
English
Pearson
Content preview from Strategic Risk Taking: A Framework for Risk Management

Chapter 1. What Is Risk?

Risk is part of every human endeavor. From the moment we get up in the morning, drive or take public transportation to get to school or to work until we get back into our beds (and perhaps even afterwards), we are exposed to risks of different degrees. What makes the study of risk fascinating is that while some of this risk bearing may not be completely voluntary, we seek out some risks on our own (speeding on the highways or gambling, for instance) and enjoy them. Although some of these risks may seem trivial, others make a significant difference in the way we live our lives. On a loftier note, it can be argued that every major advance in human civilization, from the caveman’s invention of tools to gene therapy, has ...

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Publisher Resources

ISBN: 9780131990487Purchase book