Dr. Rick Bookstaber - The Psychology of Risk

This week on Standard Deviations with Dr. Daniel Crosby, Dr. Crosby speaks with Dr. Rick Bookstaber. Dr. Bookstaber had chief risk officer roles at Morgan Stanley, Salomon, Bridgewater, and the University of California pension; worked at the U.S. Treasury post-2008; and wrote The End of Theory (Princeton, 2017) and A Demon of Our Own Design. He recently founded Fabric RQ, (fabricrisk.com) focused on risk management for financial advisors. This area has been underserved in terms of risk tools, and he wants to change that. Outside of work you can find him at the Renzo Gracie Brazilian Jiu Jitsu Academy in midtown NYC, where I've been training for 25 years, and am a black belt.