If Wishes Were Horses, Beggars Would Ride

The 2014 Lunar Society Boulton and Watt Commemoration Lecture 

George Feiger

The 2014 Lunar Society Boulton and Watt Commemoration Lecture by Professor George Feiger, Executive Dean of Aston Business School

If Wishes Were Horses, Beggars Would Ride 

Date: Tuesday 28th October 2014

Time: 
6pm - Pre-lecture refreshments 
6.30pm Lecture commences

Venue: Sumpner Lecture Theatre, 6th Floor of Aston University Main Building, Aston University, Birmingham, B4 7ET (Just a short walk from Birmingham City Centre)

About the speaker 

Professor George Feiger brings a broad range of experience to Aston Business School. Immediately before joining Aston, Professor Feiger was the founder and CEO of a $3.4 billion wealth management company headquartered in San Francisco. His previous business roles include Director of McKinsey & Co, Global Head of Investment Banking for SBC Warburg and Global Head of Onshore Private Banking at Swiss Bank Corporation and then UBS. Professor Feiger was also a non-executive director and the Board’s head of risk management for a venture capital fund taken public on the AIM.

In the academic world Professor Feiger was a Junior Fellow in the Society of Fellows at Harvard, Lecturer in the Harvard Economics Department and Associate Professor of Finance at the Graduate School of Business at Stanford University. He has a B.Econ (hons) from Monash University, a Ph.D in Economics from Harvard and had a Fulbright Fellowship.

Professor Feiger has published a variety of academic articles, a textbook on International Finance and has been a frequent commentator on economics, finance and investment in various media in the US.

Lecture Synopsis 

The wishes are for effective control of systemic risk, the beggars are, unfortunately, us. We are unlikely to be effective at controlling systemic risk for two reasons. First, we don’t understand enough about the dynamics of the financial system. Markets and prices are linked together globally in complex chains that are poorly understood. And, the anticipations that drive buying and selling of assets are not able to be simply inferred from historical statistics because they are endogenous to the workings of the markets. Second, we make all this worse by institutionalising incentives that encourage rather than discourage excessive risk taking.

Click here to watch Professor Feiger talk briefly about the content of his lecture.  

To book a seat, register below or via http://lunarsociety2014.eventbrite.co.uk

For further information please contact Emma Tromans on 0121 204 4542 or email events@aston.ac.uk

The lecture is also open to the general public and there is no entry charge.