Dr. Myron Scholes, the Frank E. Buck Professor of Economics, Emeritus, at the Stanford Business School, and the 1997 Nobel Laureate in Economics, will deliver a talk on Global Investments Perspectives on Wednesday, 27th March from 2pm – 5pm at Strathmore Business School.
Dr. Scholes will be accompanied by 35 MBA students from Stanford Graduate School of Business who will be visiting Kenya and Rwanda, in a bid to understand how to do business in our continent.
To secure your place, please write to Belinda Wangu on email@example.com by Monday, 18th March 2013.
About the Talk
Central bankers and government officials argue that the world is experiencing a “normal” recovery from a severe recession. Fiscal and monetary stimulus are working to create jobs leading to consumption and recovery and the follow on growth in investment. On the other hand, many investor worry that the combination of a debt/deflation crisis with monetary stimulus (reflation) is extremely unstable and that the debt overhang in the global economy will take years to unwind.
The periphery countries in Europe are only a signal of what is to come in the rest of Europe, the U.S. and Asia (China) since economies are inflexible on the downside. Moreover, structural changes in the economy have permanent effects on jobs in all regions of the world. We will discuss the international consequences of the evolving crisis and its effects on global investments.
Biography: Dr. Myron Scholes
Myron Scholes is the Frank E. Buck Professor of Finance, Emeritus, at the Stanford Graduate School of Business, Nobel Laureate in Economic Sciences, and co-originator of the Black-Scholes options pricing model. Scholes was awarded the Nobel Prize in 1997 for his new method of determining the value of derivatives. Scholes is currently the Chairman of the Board of Economic Advisers of Stamos Partners. Previously he served as the Chairman of Platinum Grove Asset Management and on the Dimensional Fund Advisors Board of Directors, American Century Mutual Fund Board of Directors and the Cutwater Advisory Board. He was a principal and Limited Partner at Long-Term Capital Management, L.P. and a Managing Director at Salomon Brothers. Other positions Scholes held include the Edward Eagle Brown Professor of Finance at the University of Chicago, Senior Research Fellow at the Hoover Institution, Director of the Center for Research in Security Prices, and Professor of Finance at MITs Sloan School of Management. Scholes earned his PhD at the University of Chicago.