Warren Buffet on Risk Management
VOCABULARY & EXPRESSIONS
as large as (something): ~만큼 큰
obligation: 의무
When you have a company as large as Berkshire and with all the obligations we have, to paraplegics, that have been injured, we’re going to pay for 50 years to all the employees we have, to all the stockholders we have.
chief risk officer: 최고 위기 관리자
I have to be the chief risk officer, and the truth is I am.
overview of (something): ~에 대한 개요
I should be the best person to do that because I have this overview of the whole operation, and I understand risk.
should be the case: ~이여야 하는
financial institution: 금융 기관
And I think that should be the case in every large financial institution, that the CEO regards his position number one as the chief risk officer.
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