<?xml version="1.0" encoding="UTF-8"?>
<rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:wfw="http://wellformedweb.org/CommentAPI/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
	xmlns:slash="http://purl.org/rss/1.0/modules/slash/"
	>

<channel>
	<title>Risk Modelling, Risk Analysis, Excel Modelling</title>
	<atom:link href="http://www.michaelrees.co.uk/feed/" rel="self" type="application/rss+xml" />
	<link>http://www.michaelrees.co.uk</link>
	<description>Quantitative support for major decisions, customised training, excel modelling, risk modelling, risk analysis and associated project management</description>
	<lastBuildDate>Sun, 20 May 2012 17:19:23 +0000</lastBuildDate>
	<language>en</language>
	<sy:updatePeriod>hourly</sy:updatePeriod>
	<sy:updateFrequency>1</sy:updateFrequency>
	<generator>http://wordpress.org/?v=3.3.1</generator>
		<item>
		<title>Implementing a Between Query with SUMIFS or DSUM</title>
		<link>http://www.michaelrees.co.uk/implementing-a-between-query-with-sumifs-or-dsum/</link>
		<comments>http://www.michaelrees.co.uk/implementing-a-between-query-with-sumifs-or-dsum/#comments</comments>
		<pubDate>Thu, 17 May 2012 12:00:55 +0000</pubDate>
		<dc:creator>Michael Rees</dc:creator>
				<category><![CDATA[Excel and Risk Modelling Blog]]></category>

		<guid isPermaLink="false">http://www.michaelrees.co.uk/?p=1108</guid>
		<description><![CDATA[When working with a database or dataset in Excel, often one wants to query the data set for values that are within a specific range. For example, what is the total amount outstanding for invoices that are between 30 and 60 days overdue? Sometimes this is implemented as two separate queries and the difference taken [...]]]></description>
		<wfw:commentRss>http://www.michaelrees.co.uk/implementing-a-between-query-with-sumifs-or-dsum/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Tornado or Not Tornado: What was the Question?</title>
		<link>http://www.michaelrees.co.uk/tornado-or-not-tornado-what-was-the-question/</link>
		<comments>http://www.michaelrees.co.uk/tornado-or-not-tornado-what-was-the-question/#comments</comments>
		<pubDate>Tue, 03 Apr 2012 10:36:08 +0000</pubDate>
		<dc:creator>Michael Rees</dc:creator>
				<category><![CDATA[Excel and Risk Modelling Blog]]></category>

		<guid isPermaLink="false">http://www.michaelrees.co.uk/?p=1101</guid>
		<description><![CDATA[Tornado charts are an appealing visual display for the results of a Monte Carlo simulation model. Nevertheless, they are difficult to correctly interpret and communicate. In particular, the idea that a tornado chart shows you which risk to prioritise for mitigation is potentially flawed. The key issue in the correct interpretation of a tornado chart [...]]]></description>
		<wfw:commentRss>http://www.michaelrees.co.uk/tornado-or-not-tornado-what-was-the-question/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Contact Errors - My Apologies</title>
		<link>http://www.michaelrees.co.uk/contact-errors-my-apologies/</link>
		<comments>http://www.michaelrees.co.uk/contact-errors-my-apologies/#comments</comments>
		<pubDate>Wed, 14 Mar 2012 19:31:09 +0000</pubDate>
		<dc:creator>Michael Rees</dc:creator>
				<category><![CDATA[Excel and Risk Modelling Blog]]></category>

		<guid isPermaLink="false">http://www.michaelrees.co.uk/?p=1096</guid>
		<description><![CDATA[Dear All: It turns out that the Contact Us form on the web-site has not been working for some time due to a mistake by the web administrators. Whereas the michaelmichaelreescouk&#160;&#160;(michaelmichaelreescouk)&#160;&#160; e-mail address has worked fine, if you have tried to contact me through the contact form in recent times, then there is a good chance [...]]]></description>
		<wfw:commentRss>http://www.michaelrees.co.uk/contact-errors-my-apologies/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Tornado Graphs in @RISK: Regression versus Correlation Coefficients </title>
		<link>http://www.michaelrees.co.uk/tornado-graphs-in-risk-regression-versus-correlation-coefficients/</link>
		<comments>http://www.michaelrees.co.uk/tornado-graphs-in-risk-regression-versus-correlation-coefficients/#comments</comments>
		<pubDate>Mon, 05 Mar 2012 15:45:40 +0000</pubDate>
		<dc:creator>Michael Rees</dc:creator>
				<category><![CDATA[Excel and Risk Modelling Blog]]></category>

		<guid isPermaLink="false">http://www.michaelrees.co.uk/?p=1089</guid>
		<description><![CDATA[In many practical situations, the regression and correlation coefficients generated in @RISK are more or less similar to each other. However, in other cases they are quite different, and in this case one may wish to understand why that is the case. &#160; The coefficients tend to be very close to each other (or essentially [...]]]></description>
		<wfw:commentRss>http://www.michaelrees.co.uk/tornado-graphs-in-risk-regression-versus-correlation-coefficients/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Monte Carlo versus Latin Hypercube Sampling in @RISK</title>
		<link>http://www.michaelrees.co.uk/monte-carlo-versus-latin-hypercube-sampling-in-risk/</link>
		<comments>http://www.michaelrees.co.uk/monte-carlo-versus-latin-hypercube-sampling-in-risk/#comments</comments>
		<pubDate>Wed, 29 Feb 2012 07:59:14 +0000</pubDate>
		<dc:creator>Michael Rees</dc:creator>
				<category><![CDATA[Excel and Risk Modelling Blog]]></category>

		<guid isPermaLink="false">http://www.michaelrees.co.uk/?p=1084</guid>
		<description><![CDATA[The issue of whether to the MC or LH sampling method in @RISK often causes a lot of discussion. These days, it is a topic that I tend to de-emphasise when running training courses for several reasons. Generically, one may expect that the LH (stratified sampling) method would produce better results, with fewer samples required [...]]]></description>
		<wfw:commentRss>http://www.michaelrees.co.uk/monte-carlo-versus-latin-hypercube-sampling-in-risk/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Is Diversification Through Large Portfolios a Myth?</title>
		<link>http://www.michaelrees.co.uk/is-diversification-through-large-portfolios-a-myth/</link>
		<comments>http://www.michaelrees.co.uk/is-diversification-through-large-portfolios-a-myth/#comments</comments>
		<pubDate>Thu, 23 Feb 2012 09:55:51 +0000</pubDate>
		<dc:creator>Michael Rees</dc:creator>
				<category><![CDATA[Excel and Risk Modelling Blog]]></category>

		<guid isPermaLink="false">http://www.michaelrees.co.uk/?p=1080</guid>
		<description><![CDATA[It is often thought that a large portfolio of assets is well-diversified, in the sense that its standard deviation is proportionally smaller than that of the individual assets. This can lead to the often implicitly assumed, but incorrect, assumption that risk can be reduced to any desired level by having a sufficiently large portfolio. This [...]]]></description>
		<wfw:commentRss>http://www.michaelrees.co.uk/is-diversification-through-large-portfolios-a-myth/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>O&amp;G Modelling Course, May 2012</title>
		<link>http://www.michaelrees.co.uk/og-modelling-course-may-2012/</link>
		<comments>http://www.michaelrees.co.uk/og-modelling-course-may-2012/#comments</comments>
		<pubDate>Fri, 17 Feb 2012 16:45:41 +0000</pubDate>
		<dc:creator>Michael Rees</dc:creator>
				<category><![CDATA[Excel and Risk Modelling Blog]]></category>

		<guid isPermaLink="false">http://www.michaelrees.co.uk/?p=1069</guid>
		<description><![CDATA[Once again, apologies to readers, due to my busy schedule!! Last week saw me running a 5 day course on financial modelling for one of the largest banks in Indonesia, covering the full range of topics from best practices through to risk modelling, taking a look at financial statements, valuation, lookup functions, risk modelling and [...]]]></description>
		<wfw:commentRss>http://www.michaelrees.co.uk/og-modelling-course-may-2012/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Excel Best Practices and Influence Diagrams</title>
		<link>http://www.michaelrees.co.uk/excel-best-practices-and-influence-diagrams/</link>
		<comments>http://www.michaelrees.co.uk/excel-best-practices-and-influence-diagrams/#comments</comments>
		<pubDate>Wed, 16 Nov 2011 11:25:26 +0000</pubDate>
		<dc:creator>Michael Rees</dc:creator>
				<category><![CDATA[Excel and Risk Modelling Blog]]></category>

		<guid isPermaLink="false">http://pluto.servers.rbl-mer.misp.co.uk/~michaelr/?p=1016</guid>
		<description><![CDATA[My apologies to readers of this blog for such a long gap in the postings … it’s been a hectic time. This short blog follows on from the topic of Excel best practices from the perspective of improving the visual understanding of models. I think that another good way of placing Excel best practices (such [...]]]></description>
		<wfw:commentRss>http://www.michaelrees.co.uk/excel-best-practices-and-influence-diagrams/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Some Best Practices in Excel Modelling – Respecting Excel’s Tabular Structure</title>
		<link>http://www.michaelrees.co.uk/some-best-practices-in-excel-modelling-%e2%80%93-respecting-excel%e2%80%99s-tabular-structure/</link>
		<comments>http://www.michaelrees.co.uk/some-best-practices-in-excel-modelling-%e2%80%93-respecting-excel%e2%80%99s-tabular-structure/#comments</comments>
		<pubDate>Sat, 09 Apr 2011 19:17:53 +0000</pubDate>
		<dc:creator>Michael Rees</dc:creator>
				<category><![CDATA[Excel and Risk Modelling Blog]]></category>

		<guid isPermaLink="false">http://www.michaelrees.co.uk/?p=1008</guid>
		<description><![CDATA[Following on from the last positing about objectives- and sensitivity-driven models, this posing presents some key areas in ensuring that Excel’s tabular structure is well-respected, which is a key best practice. Respecting the tabular structure of Excel is in fact, not always perfectly possible, but includes (as far as possible) items such as: The logic [...]]]></description>
		<wfw:commentRss>http://www.michaelrees.co.uk/some-best-practices-in-excel-modelling-%e2%80%93-respecting-excel%e2%80%99s-tabular-structure/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Best Practices in Excel Modelling – Objectives Driven Models</title>
		<link>http://www.michaelrees.co.uk/best-practices-in-excel-modelling-%e2%80%93-objectives-driven-models/</link>
		<comments>http://www.michaelrees.co.uk/best-practices-in-excel-modelling-%e2%80%93-objectives-driven-models/#comments</comments>
		<pubDate>Fri, 01 Apr 2011 18:55:33 +0000</pubDate>
		<dc:creator>Michael Rees</dc:creator>
				<category><![CDATA[Excel and Risk Modelling Blog]]></category>

		<guid isPermaLink="false">http://www.michaelrees.co.uk/?p=1005</guid>
		<description><![CDATA[Some key best practices in Excel model formulation and implementation are that models are objectives-driven and sensitivity-driven. Further best practices include that Excel’s tabular structure is well-respected. The posting on these two areas is split into two, with the second to follow shortly. An objectives-driven model (which is implicitly related to the idea of sensitivity-driven [...]]]></description>
		<wfw:commentRss>http://www.michaelrees.co.uk/best-practices-in-excel-modelling-%e2%80%93-objectives-driven-models/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
	</channel>
</rss>

