Alpha/Beta Make Room for Omega

Myron Scholes Global Markets Forum

May 11, 2007, 4:30–5:30 p.m., Harper Center

Myron Scholes, chairman of Platinum Grove Asset Management, formerly known as Oak Hill Platinum Partners, Frank E. Buck Professor of Finance, Emeritus, and 1997 Nobel laureate in Economics.

Speaker Profile


Myron S. Scholes is chairman of Platinum Grove Asset Management, formerly known as Oak Hill Platinum Partners and is the Frank E. Buck Professor of Finance Emeritus, at the Stanford University Graduate School of Business since 1996. Scholes is currently a director of the Chicago Mercantile Exchange, Dimensional Fund Investors mutual funds, and American Century (Mountain View) mutual funds.

Scholes is widely known for his seminal work in options pricing, capital markets, tax policies and the financial services industry. He is widely published in academic journals. He is co-originator of the Black-Scholes options pricing model, which is the basis of the pricing and risk-management technology that is used to value and to manage the risk of financial instruments around the world. For this work, he was awarded the Nobel Memorial Prize in Economic Sciences in 1997.

Scholes has consulted widely with many financial institutions, corporations and exchanges and continues to lecture for many organizations around the world.

He received a PhD in 1969 from the University of Chicago.

Sponsorship

This event was part of The Graduate Business Council's Distinguished Speakers Series and was co-sponsored by the George J. Stigler Center for Study of Economy.