Overview
Explore a thought-provoking lecture from the Brooklyn Quant Experience Lecture Series featuring Stephan Sturm from Worcester Polytechnic Institution. Delve into the complex question of "When to Sell an Asset?" through a Distribution Builder approach. Gain insights into mathematical concepts, utility functions, and their limitations. Examine the roles of investors and markets, distributions, random variables, and geometric Brownian motion. Discover how these elements contribute to decision-making in asset sales. Enhance your understanding of quantitative finance and risk management in this comprehensive 1-hour 6-minute presentation from the Department of Finance and Risk Engineering at New York University.
Syllabus
Introduction
Backstory
Mathematical Introduction
Utility Functions
Drawbacks of Utility Functions
Distribution Builder
Investors and Markets
Distributions
Random Variables
Super Attainable
Geometric Brownian Motion
Conclusion
Taught by
NYU Tandon School of Engineering