150: Aaron Brown, Pt. 2 – A Lesson in Risk Taking—with the Former Risk Manager of a $200B Fund
Chat With Traders
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Is Var or Value at Risk More Useful for an Independent Trader?
Is it the case that var or value at risk is perhaps more useful to someone who's managing money, managing a portfolio? Or can it be quite useful for both? No, it would be very useful for a independent trader. The trouble is that you probably can't afford the investment. I to do it once get's a full time job to keep up our model working. But it's unogh. It's a significant portion of your energy. That neands to be somebody who's kind of a little removed from day to day trading medels and decisions.
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