Thank you Steve Toteda EMBA '05 for bringing this event to our attention and suggesting that our CBS alumni community might find it of interest.

Stanford Pioneers in Science: William F. Sharpe

Please join us this Fall as we continue the Stanford Pioneers in Science series. These events offer the public an opportunity to learn about the scientific contributions and lives of Stanford faculty members who have been awarded Nobel Prizes, National Medals of Science or Technology, and MacArthur Fellowships.

Each event consists of a presentation about the professional accomplishments of the featured scientist, an interview with the scientist, and Q&A with the audience.

This series is your chance to engage with some of the most consequential thinkers of our day—people who have helped to shape the scientific, technological, and economic fabric of our modern world.

The Stanford Pioneers in Science Series for the 2009-2010 year is sponsored by Stanford’s Continuing Studies Program and by the Stanford Historical Society.

William F. Sharpe, STANCO 25 Professor of Finance, Emeritus, Graduate School of Business

William Sharpe received the Nobel Prize in Economic Sciences in 1990 for his contributions to the theory of price formation for financial assets, the so-called Capital Asset Pricing Model (CAPM). The CAPM is considered the backbone of modern price theory for financial markets. It is also widely used in empirical analysis and applied extensively in practical research, and has thus become an important basis for decision-making in many areas. Sharpe is also responsible for developing the Sharpe Ratio for investment performance analysis, the binomial method for the valuation of options, the gradient method for asset allocation optimization, and returns-based style analysis for evaluating the performance of investment funds. The fields of financial economics and investment have both been dramatically transformed by Sharpe’s theories and models.

William Sharpe has written hundreds of articles and seven books on financial markets and investing. He received a PhD from UCLA, is the recipient of several honorary doctorates, and is past president of the American Finance Association. He joined the Stanford faculty in 1970.

Professor Sharpe will be introduced by his distinguished colleague James C. VanHorne, A. P. Giannini Professor of Banking and Finance, Emeritus, former Deputy Assistant Secretary of the Treasury, and past president of the American Finance Association.

Wednesday, October 7
7:30 pm
Cubberley Auditorium, School of Education
FREE; no registration required
Open to the public