Till Guldimann

Till Guldimann, the original architect of the Value-at-Risk (VaR) model from JPMorgan, discusses the intricate world of financial risk management. He delves into how VaR estimates portfolio gains or losses while revealing its limitations and potential for manipulation. Guldimann also compares risk modeling in finance to winemaking, highlighting similar challenges in data variability. He reflects on modern volatility, the impact of globalization, and shares insights from his transition into agriculture, blending humor and humility into the conversation.