What if everything were to go wrong?
By Tariq Carrimjee The author is a financial consultant and emerging market specialist. Tariq Carrimjee is Bombay born and raised, US-educated, and has 25 years of experience in the banking & financial services industries. Now based in Dubai, Tariq runs a successful business, advising clients on investment opportunities in emerging markets. As investors and market watchers it usually pays to look at the possibilities and eliminate the ‘unlikelihoods’ to arrive at the probabilities of events to consider exposures and risks involved. Banks follow strict exposure limits and scientifically assess the risks in each category of exposure and set aside capital and stop loss limits for their traders. Investors do not- usually, follow as rigorous a risk assessment as banks do and yet- as we have seen in the past, banks have also got it horribly wrong. The entire decad