The Start of a New Department in Vancouver

William T Ziemba

Chapter 4 in The Adventures of a Modern Renaissance Academic in Investing and Gambling, 2017, pp 21-27 from World Scientific Publishing Co. Pte. Ltd.

Abstract: I left Berkeley in late summer 1968 and headed to Vancouver. My heart was set on a position at Stanford or the second choice UCLA but I did not get offers in either place after interviews. At Stanford, the person who beat me out was thought to have the potential to be a better teacher. Despite them thinking I was better at research, they took him. As I predicted then, he did not get tenure as he did not publish enough. I do not know about the teaching but top research universities like Stanford rarely will tenure weak researchers. I did get offers at Rochester and Northwestern but chose the new school University of British Columbia (UBC). In 1968, the business school, then called the Faculty of Commerce, was just starting. Like me, most of the faculty were young newly minted PhDs from top US universities. One of my Berkeley graduate school days roommates, Erwin Diewert was from Vancouver and always pushed the UBC case. He actually went to the University of Chicago but moved to the UBC economics department 2 years later…

Keywords: Financial History; Risk Management; Investment Strategies; Mean Reversion; Risk Arbitrage; Management of Assets (search for similar items in EconPapers)
JEL-codes: G11 (search for similar items in EconPapers)
Date: 2017
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