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In this very short paper, I try to summarize the importance of coherent risk measures using clear examples.

The paper should be readable for everyone, and more in particular should be a pleasure to read for people who do not like mathematics that much … and btw, it is only four ...

Niels Bohr once said that if all humanity would be lost and we were to pass only one sentence to the next generation that we should pass the information that matter is composed of atoms. Now humanity has built up almost hundred years more history, and with that hindsight I would prefer ...