One of the things I like about writing about evidence-based investing is hanging out with some extraordinarily clever people. William Sharpe.
One of my happiest professional of recent years was spending a fascinating afternoon at the home of Professor William F. Sharpe in Carmel, California, interviewing him about his life and work and, of course, the famous CAPM — the Capital Asset Pricing Model — for which he was awarded the Nobel Prize.
Barry Ritholtz has just done a long interview with this legend of academic finance for his excellent podcast series for Bloomberg, Masters in Business, which I can highly recommend.
OK, it gets very technical in places, but it’s well worth a listen. The many highlights include the revelation that Bill’s original PhD thesis, which formed the basis of his Nobel-winning work, was originally rejected for publication because it wasn’t considered relevant!
Now aged 82, Professor Sharpe is still hard at work, and in the podcast he talks in detail about the subject he’s currently focused on — Rismat, or Retirement Income Scenario Matrices — which he describes as “the thorniest problem in finance”.
Podcast: Barry Ritholtz interviews William Sharpe
Related post:
The basic arithmetic the fund industry won’t acknowledge
ROBIN POWELL is a freelance journalist and the founding editor of The Evidence-Based Investor. Based in Birmingham, England, he founded Ember Television and Regis Media, and he specialties in helping disruptive financial firms to grow. He also campaigns for a fair, transparent and sustainable investing industry. You can follow him on Twitter at @RobinJPowell.
Robin is a journalist and campaigner for positive change in global investing. He runs Regis Media, a niche provider of content marketing for financial advice firms with an evidence-based investment philosophy. He also works as a consultant to other disruptive firms in the investing sector.
