So people are telling us, that the government’s got problems, they don’t know which parts they’re going to pay, they expect problems, but, we’ll continue making things and people will have jobs and we’ll get along, and I think that’s the attitude we need, to get through this thing. The big thing is European equities are still doing pretty well. I think we’re in better shape Friday than we were on Wednesday morning before this happened. Ultimately after some ups and downs of the market, I really view it was a positive.

We’ve all been watching Europe very anxiously, because there’s a lot of moving parts and this thing could break in a lot of ways. What was your initial impression with that?Īaron: Well, it was a big surprise. On Wednesday (November 23) there was a bit of a failed auction, in German bunds. I liked all your books and the fact that you have played professional poker.

He’s the author of a great new book that I heartily recommend called Red‑Blooded Risk. It’s Michael Martin of “MartinKronicle.” Today’s interview is with Aaron Brown, the Risk Manager of AQR and who Nassim Taleb called “the Dean of Wall Street Risk Managers.” Here is the transcript of that conversation. I can talk to Aaron all day, and that’s what eventually happened to our scheduled 45-minute conversation about his book: it went on for 2 hours. He is entirely unassuming for his talent and he’s extremely funny…we laughed a lot during our chat. There is no doubt that Aaron is highly intelligent, but I think he has even greater wisdom than intelligence. A few weeks ago, I had the opportunity to sit down and speak with Aaron Brown, Risk Manager at AQR about risk management and his new book.

Red-Blooded Risk by Aaron Brown