I keep business separate not only from pleasure but above all from missions from God (or anyone else). I may hire environmentalists, activists from the right or the left, vegans, animal or minority right defenders, religious or antireligious maniacs as long as I know nothing about it https://foru...
The more I know about SVB the more I think that Jay Ersapah was just a scapegoat. Of course she/he/whatever is a politically correct loser and losers gonna lose but I don't think she/he/whatever was the decision maker for the ALM. On the other hand - who is a better scapegoat than an ambicious 'quee...
Think about it this way: ever since LCTM there is a lingering suspicion that something might go wrong regardless of your academic and scientific credentials. Clients therefore seek reassurance that all is well with your modelling and one way of doing this is to make sure that your model is "in...
The problem is that history is about facts and psychology consists only of conjectures. ...which could be solved by more focus on psychology. Game theory for rational behaviour, behavioral finance for irrational but there's something left: extraordinary popular delusions and the madness of crowds....