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studying contractual and financial risk management

the journal of Michael Werneburg

twenty-seven years and one million words

Toronto, 2015.12.14

It's true that you get like the people you live with; I've spent a lot of time in the financial industry, and it seems I've picked up a thing or two. For instance, on the "transferring financial risk" chapter of my studies for an upcoming exam, I did a practice quiz and got 92% by blasting through 50 questions in thirty minutes.

On the other hand, I've shared an office with a lawyer for the past year and only got 62% on the chapter on contractual risk management, blundering about for 2½ hours as I kept stopping to read a passage from the text book or to look something up Internet-like. Of course, my office mate is a career finance type who only recently got his degree, so I'll cut him some slack.

rand()m quote

In an unequal society, those who land on top want to believe their success is morally justified.

—Michael Sandel