He is also a frequent contributor to professional literature. Risk Manager of the Year 2012, Global Association of Risk Professionalsįinancial Educator of the Year, Wilmott Magazineīest of the Web: Theory and Practice of Investing, ForbesĪaron speaks frequently at professional and academic conferences. Red-Blooded Risk: The Secret History of Wall StreetĪ World of Chance: Betting on Religion, Games, Wall Streetįischer Black and the Revolutionary Idea of FinanceĮditorial Board, Global Association of Risk Professionals Previously, he also lectured at Fordham and Yeshiva universities. He was a Risk Manager at JPMorgan Chase, Rabobank, Citigroup, Morgan Stanley and AQR Capital Management. He worked as a Portfolio Manager at Prudential, and Trader and Head of Mortgage Securities at Lepercq, de Neuflize. In addition, he is the author of “The Poker Face of Wall Street”, named one of BusinessWeek’s Top 10 paperbacks for summer reading.Īaron was one of the original developers of value risk and one of its strongest proponents. During his 27-year Wall Street career, he worked as a trader, portfolio manager, head of mortgage securities and risk manager for institutions including Morgan Stanley, Citigroup and Prudential Insurance. He also helped develop the rules that eventually became known as Basel II.

In the late 1980s and early 1990s, he was a key participant in developing modern financial risk management and one of the original developers of Value-at-Risk.

Aaron is best-known for the idea that the economics of modern global derivatives evolved from gambling games rather than older financial institutions, and that gambling remains at the core of economic life. He teaches Statistics at New York University and at the University of California at San Diego, and was Chief Risk Manager at AQR Capital Management. Aaron Brown is a finance practitioner, well known as an author on risk management and gambling-related issues.

Aaron brown red blooded risk