David K.A. Mordecai, President of Risk Economics, participated on a panel of experts to discuss the application of financial techniques during the financial crisis. The expert panel was part of a worldwide series of events organized by Directors Roundtable with Nobel Laureates in Economics. The event was titled A Dialogue with Nobel Laureate Harry Markowitz: Opportunities & Challenges in Applying Financial Techniques during an Investment Crisis. The event was held on September 25, 2013 at the Laurence & Lori Fink Center at the UCLA Anderson School of Management.
The Keynote Speaker was Harry Markowitz, 1990 Nobel Laureate in Economics and Principal of Harry Markowitz Company. Harry Markowitz was awarded the Nobel Prize in Economics (The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1990) for his contribution to modern portfolio theory in the same year as Merton H. Miller, and William F. Sharpe.
Other panelists included:
- Professor Richard Roll, Joel Fried Chair in Applied Finance, UCLA Anderson School of Management
- Peter Gilhuly, Partner, Latham and Watkins, and Manager of the West Coast Insolvency Practice
- Anil Suri, CIO of Multi-Asset Class Modeled Solutions & Head of Investment Analytics, Merrill Lynch Wealth Management
- Jack Friedman, Chairman, Directors Roundtable
David K.A. Mordecai’s comments corresponded to his Treasury Office of Financial Research co-authored working paper, and focused upon challenges in application of financial modeling and valuation techniques during the crisis.
Dr. Mordecai is President of Risk Economics, an advisory firm that applies rigorous analytics to large-scale real world geopolitical and socioeconomic issues relating to demographics and macroeconomics. The firm’s expertise includes domains within finance, regulation, political risk, commerce and consumer behavior, labor, housing, immigration, global population, resource allocation environment, health and aging.
The Directors Roundtable program can be accessed here: https://www.directorsroundtable.com/wp-content/uploads/2015/02/DR-Exec-Summary-LA-Sept-2013.pdf