For what it’s worth most of the Risk Management guys I know can’t do basic calculus. They just all use the same spreadsheet programs in the same way and don’t try to understand what anything means. Granted, I only touch that stuff at a great distance but I always expected to be astounded by those guys and the experience was way closer to that FTX lady than the Sherlock Holmes of finance.
For what it’s worth most of the Risk Management guys I know can’t do basic calculus. They just all use the same spreadsheet programs in the same way and don’t try to understand what anything means. Granted, I only touch that stuff at a great distance but I always expected to be astounded by those guys and the experience was way closer to that FTX lady than the Sherlock Holmes of finance.
Nailed it.