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Michael Nowotny

CEO and Co-Founder at Krypton Labs

Michael Nowotny is a financial economist and former business school professor who specializes in asset-pricing. He is experienced in quantitative modeling and high-performance numerical computing, and has created several well-known open source packages for Python, including Cocos, Recombinator, and State Space. His research interests include rare disasters, idiosyncratic risk, and dynamic asset allocation.

Nowotny's academic background includes a Ph.D. in Finance from the Anderson School of Management at the University of California, Los Angeles, and a Diplom in Economics from the University of Mannheim. He has previously held positions as a consultant at Research Affiliates, a course instructor and graduate teaching assistant at UCLA Anderson School of Management, and an Assistant Professor of Finance at the Boston University School of Management. He is also the founder of a fintech startup in stealth mode.

Perhaps most notably, Nowotny is known for his invention of the theory of self-perpetuating rare disasters, which has explained long-standing asset-pricing puzzles in a rational framework. His paper, "Disaster begets Crisis: The Role of Contagion in Financial Markets" has sparked an ongoing stream of academic research.

Overall, Nowotny's expertise lies in financial economics, asset-pricing, and quantitative modeling. He has a particular interest in rare disasters, idiosyncratic risk, and dynamic asset allocation.

Related Questions

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Michael Nowotny
Michael Nowotny, photo 1
Michael Nowotny, photo 2
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Experience

Co-Founder and CEO at Krypton Labs (September 2021 - Present)
Founder at Startup in Stealth Mode (April 2021 - August 2021), Chief Scientific Officer/Co-Founder at Decentralized Crypto Derivatives Exchange Protocol (November 2020 - February 2021), Founder at Archimedes (July 2015 - October 2020), Consultant at Research Affiliates (October 2017 - November 2019), Assistant Professor of Finance at Boston University School of Management (July 2011 - June 2015)

Education

Ph.D. in Finance from University of California, Los Angeles - The Anderson School of Management (2006 - 2011), Diplom in Economics from University of Mannheim (2000 - 2006)

Location

Los Angeles, California, United States