CFA Society of Atlanta, the largest investment professional organization in Georgia, is bringing Columbia University professor and author of “My Life as a Quant” Emanuel Derman to Buckhead Sept 11, 2013.
Derman started out as a theoretical physicist, doing research on unified theories of elementary particle interactions. At AT&T Bell Laboratories in the 1980s he developed programming languages for business modeling. From 1985 to 2002 he worked on Wall Street, running quantitative strategies research groups in fixed income, equities and risk management, and was appointed a managing director at Goldman Sachs & Co. in 1997. The financial models he developed there, the Black-Derman-Toy interest rate model and the Derman-Kani local volatility model, have become widely used industry standards.
Derman is head of risk at Prisma Capital Partners and a professor at Columbia University, where he directs their program in financial engineering. His latest book is “Models.Behaving.Badly: Why Confusing Illusion with Reality Can Lead to Disasters, On Wall Street and in Life,” one of Business Week’s top ten books of 2011. He is also the author of “My Life As A Quant,” also one of Business Week's top ten of 2004, in which he introduced the quant world to a wide audience.
The CFA Society of Atlanta presents “Quantitative Risk Management - A discussion with Emanuel Derman” Sept. 11, 2013 at The Buckhead Club, 3344 Peachtree Road from noon to 2 p.m. Please call (770) 516-0792, ext. 226 to make a reservation. The meeting is $15 for members, $35 for guests.