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“Risk management seemed to have completed its transformation into pure entertainment. Dudley seemed the epitome of a risk manager who would drown crossing a river that was 12 inches in depth on average .” quote by Satyajit Das
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““Risk management seemed to have completed its transformation into pure entertainment. Dudley seemed the epitome of a risk manager who would drown crossing a river that was 12 inches in depth on average .””

Satyajit Das

About This Quote

Source Book: “Risk Management: A Practical Guide”, 2018

Risk management has become entertainment, and some managers act foolishly, risking trivial dangers.

In simple terms: Risk management is sometimes treated as a game, leading to poor decisions.

Key Takeaway

Take risk management seriously, avoid treating it as a spectacle.

Themes

risk professionalism competence

Mood

critical cautionary

Type

analytical philosophical

When to use this quote

  • financial planning
  • project management
  • policy making
  • risk assessment

Key Concepts

behavioral finance risk perception

Questions to Reflect On

  • When does risk become a performance?
  • How to balance caution with necessary risk?
A Different Perspective

Over‑confidence can cause reckless choices.

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