All events
Meeting – Business Administration I, Room 0221
When Models Fail: Quant Finance Case Studies
Examine notable quantitative finance failures, identify which assumptions broke down, and consider how better research and risk controls could have changed the outcome.
Prerequisites: None
- Long-Term Capital Management: leverage and disappearing liquidity
- The August 2007 quant meltdown: crowded strategies and forced deleveraging
- Knight Capital: software deployment and automated risk controls
- JPMorgan’s London Whale: risk models, incentives, and governance
- The 2022 UK liability-driven investment crisis: leverage, collateral calls, and fire-sale dynamics