Run Time: 50.56 minutes Jack D. Schwager, Paul Wilmott, Kent Osband,
Aaron Brown and Patrick S. Hagan debate the question, Is Finance the
sickness or the cure? Physicians live by the motto, "First, do no
harm." Can the finance community on balance make the same claim?
- Has finance theory and practice helped solve problems or has it done
more harm than good?
- Can hedge funds provide any true alpha?
This video, one of six from the Wiley WILMOTT Summit on Risk and
Quantitative Modeling in Finance, held on the 11th December 2012 at
Columbia University, New York feature the presentations from thought
leaders and industry experts aiming to draw together some of the lessons
of the last decade in order to restate the discipline's fundamental role
in driving the future success of the global market economy.
This is the time to define what quantitative finance really means beyond
the fallout of the global financial crisis and to identify the
technology and techniques that will power innovation and growth.
Videos in this series include:
Paul Wilmott - *Recent Advances in Stupid Ideas in Quant Finance
*Kent Osband - Fooled by Rational Turbulence
Aaron Brown - *And The Cows That Were Ugly and Gaunt Ate Up The Seven
Sleek, Fat Cows
*Patrick S. Hagan - *On Beyond Black: Volatility Surfaces and Dark
Noise
*Edward O. Thorp - *What Finance Has Taught Me
*Chaired by Jack Schwager - Wiley Wilmott Summit Debate, Is Finance the
sickness or the cure? Joined by Paul Wilmott, Kent Osband, Aaron Brown
and Patrick S. Hagan