This article showcases our top picks for the best books on risk. We reached out to industry leaders and experts who have contributed the suggestions within this article (they have been credited for their contributions below).
We are keen to hear your feedback on all of our content and our comment section is a moderated space to express your thoughts and feelings related (or not) to this article This list is in no particular order.
Risk Savvy by Gerd Gigerenzer
This product was recommended by Noman Asghar from Fan Jackets
A well explained books on Risk in which the author Gerd Gigerenzer discuss the human nature about the risk management. We always rely on probabilities and fear about the decisions, but he explains how to take better decisions at critical situations.
The Black Swan by Nassim Nicholas Taleb
This product was recommended by Achintya Kolipakkam from Elegance Tips
The story revolves around how important the main hero has made risks. The book is on the list of must-read for all the gamblers, traders, and risk-takers as a profession. The book goes to the extent of stating the risks of relying on statistical data with a case study on Turkey.
Managing Risk in Organizations by J. Davidson Frame
This product was recommended by Michael Hammelburger from Cost Reduction Consultants
This is a great book on risk that every CEO must read. If you want to explore more on the PMBOK, this is a great resource. The discussion and samples simplified the complex concepts of Monte Carlo Simulation and Expected Monetary Value (EMV) – two of the very important ideas that executives need to learn. For CEOs like me who want to run their organizations at the optimized level, it’s a must-read especially in today’s new normal period.
Value at Risk, by Philippe Jorion
This product was recommended by Nidhi Maheshwari from The Caffables
This book is well integrated, wonderfully laid out, and combines theory with practical examples that everything is easily understood as well as implementable.
