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Resist the rise of the risk management machines
Overreliance on modern risk management systems, and metrics such as value-at-risk, can blind firms to tectonic structural market shifts. To help alleviate this problem, the use of human judgement and intervention is required, argues Vincent Kaminski
![Vincent Kaminski Vincent Kaminski](/sites/default/files/styles/landscape_750_463/public/import/IMG/479/267479/vince-kaminski-09-2.jpg.webp?h=d5f58d53&itok=7J6OA1cr)
Recently, a light started blinking on the dashboard of my car. I am automotively challenged and the car manual was not very helpful. The instruction was to "bring your car to the dealership immediately", without further instructions. Should I drive or call a tow truck? The problem could be something minor – a short circuit in the electrical system, perhaps – or something really serious, with potentially deadly consequences.
This was not the first such problem. In most cases, one of the lights
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