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Myron Scholes predicts 'golden age' for quants
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<blockquote data-quote="MrBucks" data-source="post: 79156" data-attributes="member: 4657"><p>Myron Scholes came to Kent State in the fall of 2009. The MSFE students and PhD students were given the opportunity to attend a private talk with him that lasted about an hour. At the end of the talk, he fielded questions from the room. I asked, "What do you think is the single most important area of research right now in finance?" He gave an answer that took about two minutes, but to sum things up, it can best be stated as: We need to understand liquidity much better than we currently do.</p></blockquote><p></p>
[QUOTE="MrBucks, post: 79156, member: 4657"] Myron Scholes came to Kent State in the fall of 2009. The MSFE students and PhD students were given the opportunity to attend a private talk with him that lasted about an hour. At the end of the talk, he fielded questions from the room. I asked, "What do you think is the single most important area of research right now in finance?" He gave an answer that took about two minutes, but to sum things up, it can best be stated as: We need to understand liquidity much better than we currently do. [/QUOTE]
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Myron Scholes predicts 'golden age' for quants
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