Aaron Brown (financial author)
Aaron C. Brown (born November 27, 1956) is an American finance practitioner, well known as an author[1] on risk management and gambling-related issues.[2] He also speaks frequently at professional and academic conferences. He is Chief Risk Manager at AQR Capital Management. He was one of the original developers of value at risk and one of its strongest proponents.[3]
Biography
Brown was born in Seattle, Washington.[4] Both in college and graduate school he was a professional poker player[5] and did active financial trading for his own account.[6]
In 1982 he moved to New York and held a variety of financial jobs including portfolio manager (Prudential Financial), trader and head of Mortgage Securities (Lepercq, de Neuflize), risk manager (JPMorgan Chase, Rabobank, Citigroup, Morgan Stanley and AQR Capital Management) and has given lectures at Fordham and Yeshiva Universities.[7][8]
At the Global Association of Risk Professionals annual convention in February 2012, Aaron Brown was named risk manager of the year.[9] He was also voted Financial Educator of the Year by the readers of Wilmott Magazine and his website received several Forbes Best of the Web awards for Theory and Practice of Investing.[10]
Brown holds an SB in Applied Mathematics from Harvard University (1978), and an MBA in Finance and Statistics from the University of Chicago (1984).[3][10]
Works
Brown is the author of Financial Risk Management for Dummies,[11] Red-Blooded Risk: The Secret History of Wall Street[12], The Poker Face of Wall Street [6] and A World of Chance [13] (with Reuven and Gabrielle Brenner).
He has also written for Wilmott Magazine and Quantum Magazine; he is a frequent contributor to the professional literature.
The Poker Face of Wall Street was selected one of the ten best business books of 2006 by Business Week.[10]
See also
- Scott Patterson's The Quants: How a New Breed of Math Whizzes Conquered Wall Street and Nearly Destroyed It (Crown Business, 2010) contains extensive accounts of Aaron Brown's career.
References
- ↑ Stephen Schurr, Gamblers Profit from Holding a Strong Hand, Financial Times, March 20, 2006
- ↑ http://www.garp.org/risk-news-and-resources/risk-manager-of-the-year/risk-manager-of-the-year/aaron-brown.aspx
- 1 2 2011 Risk Manager of the Year: Aaron Brown, GARP.
- ↑ Adam Leitzes and Joshua Solan, Bulls, Bears and Brains: Investing with the Best and Brightest of the Financial Internet, John Wiley & Sons (2002), ISBN 978-0-471-44294-3
- ↑ David Penn, Aaron Brown: Poker Wizard of Wall Street, June 2008
- 1 2 Aaron Brown, The Poker Face of Wall Street, John Wiley & Sons (2006), ISBN 978-0-470-12731-5
- ↑ Risk Magazine, July 2007, page 15 (incl. photo), Incisive Media,ISSN 0952-8776
- ↑ Haug, Espen (2007). Derivative Models on Models. John Wiley & Sons. ISBN 978-0-470-01322-9.
- ↑ PRNewswire
- 1 2 3 Biography, PRMIA.
- ↑ Brown, Aaron C., Financial Risk Management For Dummies (John Wiley & Sons, 2015), ISBN 978-1-119-08220-0
- ↑ Brown, Aaron C. Red-Blooded Risk: The Secret History of Wall Street John Wiley & Sons (2012)
- ↑ Reuven and Gabrielle Brenner, and Aaron Brown, A World of Chance: Betting on Religion, Games, Wall Street, Cambridge University Press (2008), ISBN 978-0-521-88466-2
External links
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- ERaider.com, personal website
- Foreword to The Poker Face of Wall Street by N. N. Taleb (pdf)
- Bloomberg.com: "Morgan Stanley's Aaron Brown Plays Poker on the Trading Floor"
- GARP.com: "2011 Risk Manager of the Year: Aaron Brown"