It's time to face the consequence
For delivering the proof
In the policy of truth
"Policy of Truth" by Depeche Mode
Truth is the commodity that is always in short supply in trading. No, traders do not lie. They just try and avoid the truth of what may be going wrong. Just like there are laws to "force" good behavior on us in society, risk management tries to help us face the truth through limiting or controlling our behavior.
The other key tool for finding the truth is performance attribution. This is not performance contribution which tells us where we make money. Performance attribution tells us how we made the money through which style or strategy if it done right.
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