Wisdom begins with the
definition of terms.
—Socrates
I offer this brochure as my
portfolio of available risk management consulting services. I present myself as a philosopher and
scientist interested in helping organizations developing scientific management
practices. This introduction describes
the three main sections of the document.
My Résumé describes my
extensive background in risk management and actuarial science. The Bernoulli Model is a
sophisticated realization of portfolio theory that I have designed with the
hope of becoming a universal standard for business, education and
government. The underlying belief is
that everyone needs to understand portfolio theory. The Risk Management Review Essays
represent my forum for presenting philosophic and scientific arguments. Each of the five concise essays are written
to both inform and inspire new ways of thinking.
Your organization may be among
the thousands of organizations around the world that are facing a barrage of
changes and challenges in the global environment. Most would agree that growth and
sustainability in this evolving environment are largely contingent upon efficiently
managing both value creation and the risk associated with value creation. This concept of risk-reward efficiency was
first introduced by Harry Markowitz as portfolio theory in 1952. The Bernoulli Model is an advanced
application of portfolio theory that shows the same coherent storyboard for all
organizational risk factors within a stylized, accessible Microsoft Excel
frontend environment. The approach
involves first developing micromodels for the purpose of highlighting basic
concepts. The benefits of portfolio
management and The Bernoulli Model include the capacity for:
·
Portfolio optimization and cost
savings
·
Expanded definitions of both risk and
reward
·
Comparability between risk factors
and business units
·
Consolidated forecasting and risk management
intelligence
·
Greater internal credibility when
calculating the cost of capital
I also offer The Bernoulli
executive training model for the price of five thousand dollars. This state-of-the-art model shown in this
brochure features:
·
Prototype for operational model
·
Actuarial valuation of assets
·
Expanded definitions of risk and
reward
·
Scientific management
·
RoboHelp system
·
The Bernoulli charts
·
The Bernoulli moment vector
·
The four-moment Camus distribution
·
The VBA Code
·
Consulting time
In addition to The Bernoulli
Model, some of the other projects that I could become involved in include
conducting an insurable risk retention valuation study, developing
forward-curve models, providing actuarial validation of existing models,
researching topics and writing reports, helping consolidate existing models and
developing RoboHelp systems. My value
proposition lies in offering a low-risk, high-reward approach to contributing
towards managing change in different organizational areas by helping to develop
standardized models and decisionmaking practices.
Christopher
Bek
I do my best thinking in a warm bed.
—René Descartes
We can never see around our
own corner.
—Fredrick
Nietzsche
People only see what they are
prepared to see.
—Ralph Waldo
Emerson
Genius is merely the art of generalizing and choosing.
—Eugène Delacroix
Paradigm shifts are not
unpredictable, just unthinkable.
—Peter
Bernstein
Mozart is too simple for beginners and too difficult for
experts.
—Vladimir Horowitz
The definition of risk is that
more things can happen than will happen.
—Peter
Bernstein
You think when you understand one,
you understand two, because one and one is two—but do you understand and?
—Jalal al-Din
Mohammad Rumi
Descartes had a very clear
idea of the type of reader he was trying to reach—that of the cultured
public—the ladies of the salon rather than the pedants of the university.
—FE Sutcliffe
The violent reaction to the recent development of modern
physics can only be understood when one realizes that the foundations of
physics have started moving—and that this motion has caused the feeling that
the ground would be cut from science.
—Werner Heisenberg
Some men never seem to grow old. Always active in thought, always ready to
adopt new ideas, they are never chargeable with foggyism. Satisfied, yet ever dissatisfied, settled,
yet ever unsettled, they always enjoy the best of what is, are the first to
find the best of what will be.
—William Shakespeare
Modern man has acquired the willpower to carryout his work
proficiently without recourse to chanting, drumming or praying. He is able to translate his ideas into
actions without a hitch, while primitive man was hampered by fears and superstitions
at each step along the way. Yet in
maintaining his creed, modern man pays the price in a remarkable lack of
introspection. He is blind to the fact
that, with all his rationality and efficiency, he is possessed by powers beyond
his control that keep him restlessly on the run.
—Carl Jung
In 1952 a young graduate student named Harry Markowitz
studying operations research demonstrated mathematically why putting all your
eggs in one basket is an unacceptable strategy and why optimal diversification
is the best one can do. His revelation
touched off an intellectual movement that has revolutionized Wall Street,
corporate finance and decisionmaking of all kinds. Its effects are still being felt today.
—Peter Bernstein
You have the look of a man who accepts what he sees because
he is expecting to wake up. And you are
here because you know something. What
you know you can’t explain, but you feel it.
You’ve felt it your entire life.
That there’s something wrong with the world. You don’t know what it is, but it’s there,
like a splinter in your mind driving you mad.
It is the world that has been pulled over your eyes to blind you from
the truth. Like everyone you are a slave. You were born into bondage, born into a
prison you cannot smell or taste or touch—a prison for your mind.
—Morpheus from the 1999 movie Matrix