The Knowledge Exchange / Risk Management / Aaron Brown, Risk Manager at AQR Capital Management

Aaron Brown

Aaron Brown, Risk Manager at AQR Capital Management

Aaron Brown is risk manager at AQR Capital Management and the author of Red-Blooded Risk and The Poker Face of Wall Street.

Permission to fail at risk management

Permission to Fail

The most creative thinkers may not be the best choices for high organizational rank — in fact; there is often a conflict between the intuitive leaps that underlie attractive risks and the meticulous attention to process necessary for a large organization to remain organized. An important function of a risk manager is to give permission to fail, which is the only way an organization can succeed.

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