David X. Li Canadian Actuary
David X. Li dating history
Who
are they
dating right now?
According to our records, David X. Li is possibly single.
Relationships
We have no records of past relationships for David X. Li.
About
David X. Li is a member of the following lists: People from Waterloo, Ontario, 1960s births and Université Laval alumni.
Contribute
Who is David X. Li dating? David X. Li partner, spouse list. Help us build our profile of David X. Li!
Login
to add information, pictures and relationships, join in discussions and get credit for your contributions.
Details
| Birthday |
30th November, 1959
|
| Nationality |
Canadian
|
| Occupation Text |
Actuary, Quantitative analyst
|
| Occupation |
Actuary
|
David X. Li (Chinese: 李祥林; pinyin: Lǐ Xiánglín born Nanjing, China in the 1960s) is a Chinese-born Canadian quantitative analyst and actuary who pioneered the use of Gaussian copula models for the pricing of collateralized debt obligations (CDOs) in the early 2000s.
The Financial Times has called him "the world’s most influential actuary", while in the aftermath of the global financial crisis of 2008–2009, to which Li's model has been partly credited to blame, his model has been called a "recipe for disaster" in the hands of those who did not fully understand his research and misapplied it. Widespread application of simplified Gaussian copula models to financial products such as securities may have contributed to the global financial crisis of 2008–2009. David Li is currently an adjunct professor at the University of Waterloo in the Statistics and Actuarial Sciences department.