THERE are two relevant quotes that I came across: George Bernard Shaw once said, “Whenever I go to my tailor, he measures me up”. John Maynard Keynes, the economist, once quipped when he was accused of inconsistency: “When the facts change, I change my mind. What do you do, sir?” Risk management is all about […]

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There is one person who is rarely quoted in Financial Circles. He is George Bernard Shaw. He said “Whenever I go to my tailor, he measures me up”. I wish all of us would do it! Once we decide on a particular thing we do not let new facts change our minds. We carry prejudices […]

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