risk control

  1. QuantNet

    Understanding the Difference Between Risk Taking, Risk Management and Risk Control

    By TIM GRANT “Guns don’t kill people, people kill people.” National Rifle Association Slogan “Guns don’t kill people, people kill people, and monkeys do too (if they have a gun).” Eddie Izzard Since the full magnitude of the recent financial crisis has become clear, a great deal...
  2. Aaron Brown

    Risk versus Portfolio Management

    Unlike most fields, modern financial risk management can be traced back to a specific time and place, and a relatively small group of people. Some quants in New York City, between 1987 and 1993, codified knowledge from a variety of fields, thrashed out disagreements and created the basic...