Avoiding Kotov’s Syndrome in Risk Management Alexander Kotov (1913-1981) was a Soviet Chess Grandmaster and author. In his book, Think Like a Grandmaster, he described a situation now known commonly as the Kotov’s Syndrome. The situation is when a player thinks hard for a very long time but does not find any clear path, and […]
Wish you a Happy & Risk-enabled 2014 ! 2013 was a year of significant turbulence and uncertainty. While Stricter Regulations pushed some investment banks to close down their commodity trading divisions (see JP Morgan, Deutsche Bank), excessive Volatility and poor returns saw some commodity hedge funds closing down. The 16 day US shut-down added significant […]
The evolution of Commodity Risk Management ! While maturity of Risk Management processes is good in Banking and Insurance industries which is closely followed by the Energy Trading industry, for Commodity Trading industry it is still in a relatively nascent stage. This is primarily due to delayed integration of commodity markets with the financial markets. […]