LAST CALL
QWAFAFEW-NYC:
Tuesday, February
24th, 2009
EARLY START
TIME!
Speakers:
Jim O'Shaughnessy, O'Shaughnessy Asset
Management
Savita Subramanian, Merrill Lynch Quantitative
Strategies
Time: 5:15 PM – 8:15 PM (PLEASE NOTE: VERY EARLY PROGRAM
START)
Venue: Patrick Conway's Pub & Restaurant
(downstairs), 40 E 43rd St (between Madison & Vanderbilt), NY,
NY.
Admission:
$30 for Paid-Up
Members of QWAFAFEW-NYC in 2009; $40 for members
of PRMIA, SQA, CQA, CAIA, any CFA society, and/or unemployed
business grad students; $50
for all other RSVPs
To RSVP: Please send an e-mail nyc@qwafafew.org and
put date of the event you wish to attend
in Subject Line along with the names, phone numbers,
Organization Names, e-mails, and membership status for all
attending.
ONLY cash or check (to QWAFAFEW) can be accepted. NO
PLASTIC. Paper receipts are available upon request.
NYC Membership Dues for
2009 are still just $90.
Please send checks for Membership Dues to:
Herb Blank, QWAFAFEW Steering
Committee
c/o Rapid Ratings International, 7th
Floor
86 Chambers Street, NY, NY 10007
To get on Mailing List: transfer the following to your browser and
click
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AGENDA
5:15 –
5:55 PM – Registration, Networking, Refreshments, and
Libations
5:55 –
6:00 PM - Chapter Business – C. Michael Carty
6:00 –
6:50 PM – Jim
O'Shaughnessy, O'Shaughnessy Asset Management
Opportunity Knocks
·
Equities
present fantastic opportunities for the long term equity
buyer
·
Each
financial panic is different, but investor behavior remains the same
·
The
10 years ending January, 2009 were the worst for real equity returns
in recorded history
·
Stocks of all varieties
are exceptionally cheap
·
In order to
match the worst 20 year period for equities in history,
equities must return at least 6% (after inflation) for the next 11
years
·
Focusing on
metrics such as price-to-sales, buyback yield, and stock price
momentum is the key to outperformance in the 1-5 year periods
following recessions.
6:50 –
7:40 PM - Savita
Subramanian, Merrill Lynch Quantitative
Strategies
A Review of Quantitative
Strategies
7:40 –
8:15 PM – More Networking, Refreshments, and
Libations
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About our speakers:
James P. O'Shaughnessyis the Chairman and CEO of O'Shaughnessy Asset
Management (OSAM). Also serving as the Chief Investment Officer of
the firm, Jim is involved in all portfolio management and research
decisions. Prior to founding OSAM, Jim was the Director of
Systematic Equity at Bear Stearns Asset Management and a Senior
Managing Director of the firm. Long recognized as one of America's
leading financial experts and a pioneer in quantitative equity
analysis, he has been called a "world beater," a "statistical guru"
and a "legendary investor" by Barron's. Jim is the author
of four books on investing: Invest Like the Best, What
Works on Wall Street, How to Retire Rich, and
Predicting the Markets of Tomorrow. Jim was named "manager
of the year" in Gordon Pape's 2004 Buyers Guide to Mutual
Funds for his management of the Royal Bank (RBC) of Canada's
O'Shaughnessy Funds, and the Canadian Investment Awards named the
RBC O'Shaughnessy US Value Fund "US Equity Fund of the Year" in 2004
and 2005. Jim has a BA in Economics from the University of
Minnesota.
Savita Subramanian is the Head of U.S. Quantitative Strategy
within the Merrill Lynch Global Research Investment Strategy
Group which encompasses investment strategy, sector strategy,
small cap strategy, technical & market analysis and global
quantitative analysis. She is responsible for developing
and marketing the firm’s quantitative equity strategies to
institutional and individual clients. She has been with the team
since 2001. Prior to Merrill Lynch, Savita was an analyst at
Scudder Kemper Investments. Savita frequently appears in
print and media journalism and is a regular guest speaker at
financial conferences. She is on the membership
committee of the Q Group and also belongs to the Chicago
Quantitative Alliance, the Society of Quantitative Analysts and
Women on Wall Street. Savita received a Bachelor of Arts degree
with a double major in Mathematics and Philosophy with honors from
University of California at Berkeley, and an MBA degree from
Columbia University, with a concentration in Finance. She remains
actively involved in the Columbia Business School alumni
organization.
ABOUT
QWAFAFEW [quaff- a
-few], the Quantitative Alliance
For Applied Finance Economics & Wisdom, is an
informal professional association with chapters in various states of
functionality throughout the globe. A typical QWAFAFEW meeting
includes topics of discussion on quantitatively oriented investment
industry issues along with the opportunity to network, relax, and
enjoy libations. Please visit www.qwafafew.org to learn more
about the organization, its resources, and the events held by our
many chapters. Our dress code, rules of “etiquette” and everything
else are strictly casual.
Other Upcoming QWAFAFEW
Events:
SPECIAL INAUGURAL QWAFAFEW
in HARTFORD, CT
Wednesday, February 18, 2009: 4:45 PM –
7:30 PM
“The Future of Hedge Funds
and Alternative Investments” –
Moderator:
Thomas Schneeweis, Ph.D., University of Massachusetts
Isenberg School of Management; Co-Founder of U. Mass CISDM
Panelists:
William Adiletta, President,
TekFinancial Solutions
Sean Gill, CFA, CAIA, Partner -
Alternative Assets, New England Pension Consultants;
Hossein Kazemi, Ph.D., CFA,
Managing Director, Alternative Investment Analytics;
Kevin Means CFA, Managing Partner
& CIO, Alpha Equity Management
RSVP: Please send an e-mail to Herb
Blank at hblank@qwafafew.org along with
a name, phone number, organization (if any), e-mail, and membership
status for each attendee.
QWAFAFEW wishes to thank
TekFinancial Solutions for underwriting a substantial portion of the
cost of this event. TekFinancial Solutions offers specialized
consulting to the financial services community including Enterprise
Integration, Electronic Trading Systems Development, Wealth
Management, SOX Compliance, Managed IT Services, Network Security,
and FIX Integration, building on Tekmark Global Solutions’
strengths.
February,
18th, 2009 – Denver QWAFAFEW at Marco’s
Coal Fired Pizza, 2129 Larimer St, Denver CO
Presentation:
Finding Successful Strategy Managers
Speaker:
C. Thomas Howard, Ph.D., Professor, Daniels College of Business, U.
of Denver
February,
25th, 2009 – Chicago
QWAFAFEW/PRMIA Joint Meeting at the CBOE – 440
S. LaSalle St.
Panel:
Diversification, Portfolio Management and Use of New
Volatility-based Index Products with Srikant Dash, S&P; Mark
Krommenhoek, BGI; Keith Black, Ennis Knupp; Jamie Tyrell, Group One
Trading: and Brett Estell, Chicago Trading Company
Admission
is $10 in advance (or $15 at the door)
PRMIA Events, Programs, and Certification
Training (www.prmia.org)
Monday, Feb. 23rd, 2009 – Washington, DC – Are CDS Acts of Satan? –
PRMIA panel includes Mark Brickell, Christopher Whalen, and Peter
Wallison.
Monday, Feb. 23rd, 2009 – Chicago, IL “The Recent Financial
Crisis. Market Risk and
Sovereign
Risk. What is the Outlook?”
Venue:
Arditti Center for Risk Management, DePaul University. (Feb
23rd, 2009)
Tuesday, Mar. 3rd, 2009 – Chicago, IL ““Risk Management in an
Era of Global Turmoil”
Venue:
Loyola University in Chicago
As a part of the
Complete Course in
Professional Risk Management,
PRMIA, in conjunction with Columbia Business School
and The George Washington School of Business, is
featuring a collection of individual courses:
New
York, Columbia Business School:
Washington
DC, The George Washington School of Business;
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Future QWAFAFEW-NYC Meetings (all Tuesdays
unless otherwise indicated)
Mar
24th, 2009 – Laurence Siegel, Ford Foundation & Todd
Petzel, Offit Capital LLC
Apr
28th, 2009 – Brooke Allen, Maple Securities USA – Head,
Quantitative Strategies – “Very Personal Finance”
May
26th, 2009 – Joseph Mezrich, Nomura Securities &
Michael Cook, AG Asset Management
Jun
23rd, 2009 – Seddik Meziani, Montclair State University,
& Ronit Walny
Jul
21st, 2009 - Mary Ann Bartels, Merrill Lynch US Equity
Strategist and C. Michael Carty New Millennium Advisors
Wednesday
Aug 19th, 2009 - Diane Garnick, Equity Strategist,
INVESCO and Herbert Blank, Rapid Ratings International
Sep
22nd, 2009 Ian Domowitz, ITG and Jennifer Bender, MSCI
Barra
Oct
27th, 2009 - Dan DiBartolomeo, Northfield Information
Systems & Jason MacQueen, Alpha Strategies
Nov
20th, 2009 – To be confirmed.
Efforts
continue on new QWAFAFEW chapters. Besides the inaugural
meeting being held on Feb. 18 in Hartford, we are now planning a May meeting in
Washington DC. We already have 3 confirmed for the steering
committee and are looking for two more. Details on the meeting
will follow shortly. If
interested in participating in DC, please e-mail hblank@qwafafew.org. Efforts
continue for LA Metro, Princeton, and London. If you or
a friend to whom you pass this on is interested in helping in any of
these efforts, or if you wish to explore the potential of starting a
chapter somewhere else, please contact Herb Blank at hblank@qwafafew.org. Also, e-mail hblank@qwafafew.org if you need help
getting in touch with our other active chapters in Boston, Chicago,
Denver, San Francisco, Sao Paolo, Toronto, and
Vancouver. |
Chicago
