About this episode

Aaron Brown discusses the implications of statistics in financial risk management and the philosophy behind it.

Aaron Brown teaches statistics at New York University and at the University of California at San Diego, and he writes regular columns for Bloomberg and Wilmott. 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. He also helped develop the rules that eventually became known as Basel II.Brown holds an M.B.A. in Finance and Statistics from the University of Chicago and an S.B.in Applied Mathematics from Harvard.About Michael Liebowitz – Host of The Rational EgoistMichael Liebowitz is the host of The Rational Egoist podcast, a philosopher, author, and political activist committed to the principles of reason, individualism, and rational self-interest. Deeply influenced by the philosophy of Ayn Rand, Michael uses his platform to challenge cultural dogma, expose moral contradictions, and defend the values that make human flourishing possible.His journey from a 25-year prison sentence to becoming a respected voice in the libertarian and Objectivist communities is a testament to the transformative power of philosophy. Today, Michael speaks, writes, and debates passionately in…

People in this episode

Host: Michael Liebowitz

Guest: Aaron Brown

Topics covered

• statistics
• financial risk management
• Value-at-Risk
• Basel II
• philosophy
• individualism

Keywords

• statistics
• financial risk
• Value-at-Risk
• Basel II
• philosophy
• individualism
• Ayn Rand

Mentioned in this episode

Organizations: New York University, University of California at San Diego, Bloomberg, Wilmott, Basel II, University of Chicago, Harvard

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