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Keywords: Margin of safety
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Journal Articles
Risk and complexity – on complex risk management
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Journal:
The Journal of Risk Finance
Journal of Risk Finance (2020) 21 (1): 37–54.
Published: 17 March 2020
... such as the General Data Protection Regulation, this seems impossible to implement on ethical grounds. Hence, the most prudent approach is to use a margin of safety as advocated by Graham roughly 70 years ago. Indeed, the approach may be to assume that a disaster will take place and use risk management tools...
