A word from Dr. Ionut Florescu
Dr. Ionut Florescu, Director of Hanlon Labs, shares updates for March 2021 with fellow students and colleagues.
Barron's Subscription
Access to the Barron's is now available to every member of the Stevens community! Barron's is one of America's leading financial news resources. To get immediate access to Barron's, register using this link with your Stevens email address.
George Calhoun's Forbes article onGameStop / GameStonk
Speaking on GameStop’s recent eruption this past February, Professor Calhoun counters the opinion that the investors involved in the stock were acting with wildly irrational motives. He proposes that the market itself is not exactly “rational”; that “share prices no longer reflect the underlying asset-value”. But Calhoun suggests that the GME event is actually the result of a process that is hyper-rational. Outlining the standard assumptions of the stock market, Calhoun goes on to describe the several situations where one or both of these assumptions are invalid. Using these examples, he explains how the GME event came to be, and how Reddit users designed a novel and extremely effective corner by combining two different techniques: a short squeeze, which is relatively well understood, and a new innovation called a Gamma Squeeze.
Alumni Spotlight: Xiaodi Zhu
Alumna Xiaodi Zhu, Ph.D. in Financial Engineering 2018 (advisor Steve Yang), was able to obtain her dream job after graduation: teaching others. Currently an assistant professor at New Jersey City University in the Department of Finance, Xiaodi (known as Coco to her friends) teaches both graduate and undergraduate courses in data science and finance, while also conducting additional research and surveys as a part of her position.
Get Featured in Our Upcoming Newsletter
For submission of news or event information to be featured in our upcoming newsletter, please reach out to us at fscadmin@stevens.edu.
Hanlon Financial Systems Center | Stevens Institute of Technology
STAY CONNECTED
