
1 Season
24 Episode
Crashes and Crises: Lessons from a History of Financial Disasters - Season 1 Episode 21 The London Whale and Value at Risk
Explore a risk-management tool called value at risk, or VaR. Developed by economists at J. P. Morgan in the 1990s, VaR estimates the largest loss that a given investment strategy can be expected to sustain under normal market conditions. Chart the successes of this model - and its spectacular failure in an incident involving a high-rolling trader nicknamed the "London Whale."
- Year: 2018
- Country:
- Genre:
- Studio: The Great Courses
- Keyword: depression, recession, great depression, crash, economics
- Director: Connel Fullenkamp
- Cast: Connel Fullenkamp


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