I am watching a BBC-2 documentary on #Reinhard#Heydrich the #SS Soldier, who tortured many across Eastern Europe, especially, enslaved the innocent people of #Czechoslovakia during the second world war.
Let history not allow such men to exist again!
And, let me add that when I meet #Germans today and see the difference from what I have been told about them by my grandparents, compared to how they have evolved during the postwar years, the transformation is truly remarkable.
The same can be said about the #Japanese people.
Germans and Japanese have learned from their past mistakes!
I hope other warring nations and tribes will follow in their footsteps.
No nation can survive in longevity if its economy falters, politics remains in disarray, and the society crumbles under conflicting narratives.
what should and should not form part of the national narrative is akin to choosing the right mission statement for a business firm.
If you get that wrong, the whole ideological edifice falls apart!
Management Studies/MBA Students will comprehend this tweet best.
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There is a vested commercial interest in increasing #complexity around everything.
Some scholars and intellectual propagandists would like to make things appear overly complicated because that is how they can make money.
#Complexity problem can be broken down by asking relevant straightforward questions and providing equally relevant simple-minded answers which address the root causes and understands the effects.
Many students doing basic mathematics cannot distinguish between #iteration, #simulation, and #emulation as different methods of experiment design.
Even further surprised why so many students don't know the similarity and the difference between computation and calculation.
These are some of the basic mistakes which one, embedded into the mind, will work their way right into a workplace and destroy our educational foundations
For, e.g. when I was teaching Introduction to FRM Financial Risk Management, I noticed many students thought they are three different types of VaR - Value at Risk.
What they didn't realize is that VaR can be computed using different models aka methodologies, namely, HS, VCV, MCS.
Did the #Irish Central Bank provide sovereign guarantees to buyers of Irish Bank Bonds and other contractual debt liabilities classified as fixed income securities, before the #GFC struck?
I asked this question after watching Professor Kelly on YouTube.
He was describing how the #Irish Central Bank allowed banks to import capital in large sums, and later lend it out to housing finance borrowers.
That created a severe #ALM Mismatch, as homes are not liquid assets.
Only after the #GFC, did the Irish and other banks realize that a run on the #deposits could lead to financial #insolvency. #Ruin#Risk by definition is the gap between Unexpected #Loss and Expected Loss.
As the gap increases, the chances of financial ruin and #default rises too!
How do you prepare for an investor relations interview at a large asset management company managing multiple funds?
Speak with confidence, dress well and above all use an impressive array of financial jargon and cutting edge terms, as many as you can, to make the employer feel comfortable.
In modern times, you should also be familiar with some data science concepts.
E.g. how data visualization tools can help the customer extract value from the research reports.
You need to know everything about Capital Markets at least.
Investment Banking and Asset Management Sector /brokerage require an exceptional understanding of debt and equity market instruments and asset classes.
Sound knowledge of derivative markets will add to your CV.