Monte Carlo Simulation – Linking financial model to the simulation Since we have a model for simulating oil prices, we are now ready to link our oil price model to projected financial statements for the airline. To do this we need to figure out how to link simulated crude oil prices to jet fuel expense on the [...]
This morning walk at the inclined interchange between Forest top, Henderson Waves & Faber top, I run smack into three beautifully sunlit spider webs. Even though I hate all families of creepy crawlies, the unintended display was so majestic and grand that it had to be captured and shared. In all three instances for somebody [...]
Simulation Modeling – Monte Carlo how to reference for financial simulations While we have shared a great deal about Simulation Modeling and Analysis on this blog, over the years, I felt it would help to finally have some organization. The need became more apparent when I ran sessions in Singapore, Abu Dhabi & Dubai for my [...]
Maturity Profile Course package available for sale 9th February 2012 As part of our work as risk managers, one routine and recurring activity is preparing the slide deck for the Asset…
1. How do you extend the value at risk framework to derivative contracts? 2. What is the best way of pricing cross currency swaps? 3. How do you link stop…
So here I was with an offer letter from Columbia, no job (I quit) and no money to cover my Ivy League business school tuitions. Back in 1998 these were…
Investment Banking Finance Careers takes a quick look at a range of Investment Banking careers in finance. Just a handy quick reference rather than a career guide. Roles Focus…
Pakistan Risk Review – Editorial for the second issue As we wrapped up work on the second issue of Pakistan Risk Review, I sat down and took a few minutes…
Here is the text of the my article on Enterprise Risk within frontier and emerging markets published in this month’s issue ofthe Actuary produced by the Society of Actuaries, Schaumburg, IL.…
Its TEDx day today. Promised myself that I would do this someday and I guess today was it… Three of my favorite TEDx chats after browsing through the TEDx stacks.…