On pirates, pointed caps and paradoxes

January 2000
In finance, getting decisions right isn’t easy. Much of this comes down to human nature.

When it comes to the financial world, getting decisions right is no simple matter, as any financial manager, investment director, treasurer or actuary will tell you. One frequently overlooked reason for this lies with human nature itself. This is a light-hearted look at the influence that complexity in statistics and arithmetic has on the decisions people make. If you have doubts about the decision-making powers of your own organisation, this is essential reading.