The Quantitative Investment Management (Econ 158) course at Pomona attempts to explain the messy world of investing and finance so that students are better prepared to confront the real-world of investing.
In conjunction with this course, Pomona is hosting three 'wizards' who helped revolutionalize finance.
These brilliant and amazing men will dazzle you with their presence. For those of you who do not study finance or economics, I invite you to attend as well. The topics should be suitable for a general audience.
The third wizard, Dr. Myron Scholes, is the man who co-wrote the paper that resolved one of the greatest financial puzzles ever: how to price options. His model is known as the Black-Scholes option pricing model. It has simply been the greatest discovery in finance. In fact, in 1997 he won the Nobel prize in economics for his work on option pricing. He now is the chairman of a very successful quantitative hedge fund. He was also a limited partner in another famous hedge fund known as Long-Term Capital Management (LTCM). Finally, he is Professor Emeritus at Stanford University.
GUEST: Dr. Myron Scholes, Chairman of Platinum Grove Asset Management and Frank E. Buck Professor of Finance Emeritus at the Stanford University Graduate School of Business and Winner of the Nobel Prize in Economics in 1997
DATE: May 1, 2008
TIME: 4:15 PM - 6:00 PM (there may be a break in the middle - also Q&A session at the end)
LOCATION: Rose Hills Theatre, 170 East 6th Street, Claremont, CA 91711