Myron Scholes

FIS Stanford 2024

Nobel laureate advises a different focus on risk to enhance returns

Nobel Prize-winning economist Myron Scholes advises investors to think differently about risk to improve the way it is managed, to help boost returns. He told the Fiduciary Investors Symposium the focus of asset owners should shift from thinking of risk as a constant to considering how risks are changing.

Prashant MehraSeptember 30, 2024

Featured Story

Managing not just measuring risk is key to long-term returns

Nobel Prize-winning economist Myron Scholes told the Fiduciary Investors Symposium at Stanford University that the focus of asset owners needs to shift from measuring risk to managing it, to avoid the downside while capturing the upside and allowing compounding to do its thing.

Simon HoyleOctober 5, 2023

FIS Stanford 2018

Scholes’ strategies for compound returns

Nobel laureate Myron Scholes touted the importance of patiently pursuing compound returns and pointed out some strategies for enhancing them, including gleaning data on risk from option prices.

Sarah RundellOctober 3, 2018

Uncategorised posts

Tail risk parity, V 1.0

Just when you thought you were safe, the next reiteration of risk parity has arrived. AllianceBernstein’s tail risk parity takes the concept of risk parity, reallocating assets uniformly according to risk, but it uses tail risk, not volatility, as the core measure. The concept of risk parity is a portfolio diversified according to risk, rather […]

Amanda WhiteMay 22, 2013