#risk-mitigation

#risk-mitigation

Take a look at the picture above. Countless dials, each presumably conveying critical information about the health of a nuclear reactor. Is this well designed? From the "functionality" perspective - yes, it works. It does what it is intended to do. But from a perspective of human error it couldn't be worse. The design makes it almost impossible to detect changes, to identify critical components, and most importantly, to make decisions based on the information. The result will be an inevitable catastrophe.

A small fraction of employees (just 10%) are responsible for 73% of risky behavior. Organizations relying solely on security awareness training have visibility into only 12% of risky behavior.

Although it's not perfect, JP Morgan Chase's JEPQ comes close to the ideal "Holy Grail" investment due to its use of derivative strategies for dividends.