Robert Merton has a long list of accomplishments, among them the most prominent is his award of the 1997 Nobel Prize in Economic Sciences for his work on the Black-Scholes-Merton model on derivatives. This work was fundamental in understanding how financial markets should price in risk and uncertainty in options markets.

In a recent webcast, Dimensional Co-CEO and Chief Investment Officer Gerard O’Reilly engaged with Professor Merton on a number of subjects relating to risk, uncertainty, and how investors should respond to recent market movements. This webcast touches on a number of advanced topics, and may be of interest for those who would like a deeper dive into the mechanics of risk and market pricing.

View the webcast.

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