Skip to content
Investments & Wealth Review - July/August 2025

The Risk Cockpit

THE STILL CENTER OF THE TURNING WHEEL
Admin
Risk is often treated as something to be measured, modeled, and managed—but what if the deeper challenge lies in human nature itself? In this edited conversation, Jamil Baz, head of client solutions and analytics at PIMCO, examines the psychological and philosophical roots of our desire to control uncertainty. Drawing on behavioral finance, superstition, and thinkers from Friedrich Nietzsche to Marcus Aurelius, Baz explains how overconfidence in our ability to tame risk leads investors to poor decisions—and how advisors can help clients confront randomness with greater humility, discipline, and resilience.
Instant Access

Read the Full Publication

Our Members receive new publications by mail and in the Membership Newsletter. For immediate access—or if you’re not a member—complete the form below.

About Investments & Wealth Review

Investments & Wealth Review is a bimonthly magazine, written by award-winning authors from academic institutions and leading financial firms. Immerse yourself in current industry news and thought-provoking articles on the investment, legal, regulatory, business development, retirement, and wealth management topics that matter most to you and your clients.