ImagesRisk Management

The revolutionary idea that defines the boundary between modern times and the past is the mastery of risk: the notion that the future is more than a whim of the gods and that men and women are not passive before nature. Until human beings discovered a way across that boundary, the future was the mirror of the past or the murky domain of oracles and soothsayers who held a monopoly over knowledge of anticipated events.

—PETER BERNSTEIN

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In this chapter, you will learn how to

   Use risk management tools and principles to manage ...

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