The Security Risk Assessment Handbook: A Complete Guide for Performing Security Risk Assessments Review

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The Security Risk Assessment Handbook: A Complete Guide for Performing Security Risk Assessments ReviewI manage information risks for a large organization on a professional basis and this is one of the best books I have read on this important topic. What I found most useful about this book is that it complements rather than competes with formal risk management methods. This book explains techniques and methods that you can use to enhance your existing risk assessment process like data gathering, impact analysis, evaluations and so on. This book should belong on every risk managers bookshelf.The Security Risk Assessment Handbook: A Complete Guide for Performing Security Risk Assessments Overview

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Patient Safety in Emergency Medicine Review

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Patient Safety in Emergency Medicine ReviewThis book is both highly educational and easy to read. Great case examples. A must read for anyone working in an emergency departmentPatient Safety in Emergency Medicine Overview

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Acts of God and Man: Ruminations on Risk and Insurance (Columbia Business School Publishing) Review

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Acts of God and Man: Ruminations on Risk and Insurance (Columbia Business School Publishing) ReviewThis book collects Powers' highly idiosyncratic and original thoughts on risk management, statistics, experimental design, and the paranormal. I found the book extremely entertaining and insightful, and would recommend it to the thoughtful reader who enjoys collections of deep thinking a la Deirdre McCloskey (or Michel de Montaigne). The book may also be of special interest to practitioners and executives looking for an understanding of the philosophical issues in insurance. I would not recommend using it as a textbook.
The sheer number of new ideas per page exceeds that of many other comparable popular science books. Powers isn't just summarizing results in his field; he is a man standing up for what he believes.
Powers argues for:
- A Bayesian approach to statistics. This is especially useful given limited data in risk and insurance
- Separating the management of "aloof" and financial risks
- The idea that there is no such thing as "Knightian uncertainty"
- Contemplation of the paranormal as a means of understanding knowledge and uncertainty
- Global warming skepticism
He also touches on his original research including:
- "Tail risk" (see Nassim Taleb's work)
- The "personalized scientific method" based on Bayesianism and game theory.
This is not just another bland serving of pop science (so frustrating!). I regard this as a highly intellectually combative piece summarizing the author's original insights and views on risk and uncertainty. Recommended!Acts of God and Man: Ruminations on Risk and Insurance (Columbia Business School Publishing) Overview

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The Two Headed Quarter: How to See Through Deceptive Numbers and Save Money on Everything You Buy Review

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The Two Headed Quarter: How to See Through Deceptive Numbers and Save Money on Everything You Buy ReviewThose whose goal is to persuade us to buy their products have many weapons in their arsena like misdirection, exaggeration, glittering generalities, false claims, attractive packaging, subliminal suggestions, sex, and a creative and liberal use of numbers.
According to its cover, "The Two-Headed Quarter" is about " how to see through deceptive numbers and save money on everything you buy." Based on this blurb and more teasers on the back, I assumed this book would be mostly about the mathematical shenanigans of sellers, lenders, banks, insurance companies, and credit card companies.
The book is structured in four parts with the first part called Daily Deceptions. Although the author takes the scenic route in this chapter, he mostly sticks to the topic of deceptive numbers and how to see beyond them, with the tricks used by credit card companies and card sellers of most interest. The other three sections (Income, Loans, and Misunderstood Math) contain lots of good advice for the mathematically naïve but only a smattering on the subject in which I was interested and much more digression on mathematical explanations and charts than I needed.
"Two-Headed Quarter" is mostly absent the scientific jargon that makes me dizzy until the last chapter with talk of exponents, speeds, hydrogen atom diameters, mass, weight and scientific notation.
I think this book is best suited for young readers just beginning to experience the labyrinths of investing, borrowing, retirement planning, and mortgages. For someone like myself who mostly pays cash for things, including cars, half the book goes down well- traveled roads imparting information long ago learned.
My favorite part of the book, besides examples of tricky use of percents, is the section showing how the same information can be represented differently on charts depending on the agenda and motive of the presenter. Fascinating stuff.
The Two Headed Quarter: How to See Through Deceptive Numbers and Save Money on Everything You Buy Overview

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