Quantitative Finance

Future of Finance Season 3

A person smiles while speaking into a microphone with headphones on Future of Finance: AI and the Transformation of Financial Markets Hosted by Professor Itay Goldstein, the third season of Future of Finance gathers leading scholars, experts from the industry, and regulatory officials, to explore the different ways AI is changing the financial landscape. Professor Goldstein and his guests will examine…Read More

Correlation Neglect: Challenging the Unpredictability of Monthly Returns

A person smiles toward the viewer with the caption, "Jessica Wachter: Dr. Bruce I. Jacobs Professor in Quantitative Finance. On 'Correlation Neglect in Asset Prices.'" What if investors aren’t processing information as efficiently as we’ve assumed? In a new paper, "Correlation Neglect in Asset Prices," Wharton Professor Jessica Wachter and her co-author Hongye Guo reveal a striking pattern in U.S. stock market returns tied to the quarterly earnings cycle. Their research shows that investors systematically…Read More

Reflections from a Graduating Jacobs Scholar: Q&A with Zachary Long

Zachary Long smiles before a gray background Zachary Long, a Jacobs Scholar for the 2023-2024 school year and graduating MBA at Wharton Dr. Bruce I. Jacobs, G’79, GRW’86, co-founder of Jacobs Levy Equity Management. The Dr. Bruce I. Jacobs Scholars in Quantitative Finance is an academic award dedicated to exceptional students entering their second year of the…Read More