Skip to 0 minutes and 5 seconds If you have been paying attention to the news, you would likely have noticed that the financial market often stumbled. One headline reveals that market had one of its worst days. Over last 10 years, global financial markets went through many dramatic moments. For examples, Global financial market suffered a lot during 2008 financial crisis. U.S.’s major index S&P 500 printed in red -38.49%. The European sovereign debt crisis started in 2008, with the collapse of Iceland’s banking system, and spread primarily to Greece, Ireland and Portugal during 2009. During last year only, we can find plenty events that influenced global financial markets drastically. Brexit and U.S. presidential election are just couple examples. These all show how dynamic the global financial markets can be.
Skip to 1 minute and 4 seconds Of course, the headlines that affect the market does not always need to be presidential elections and market moves may not be as dramatic as our examples. The headlines can be slower growth in China, falling oil price, geopolitical instability and company bankruptcies. An objective view of the market reminds us that on every trading day in history, there have been compelling cases to be made for both optimism and pessimism. Remember that every single security transaction involves a buyer and a seller, each of whom believes he or she is getting the better end of the deal. These Buyer and seller can be driven by just two emotions - Fear and greed.
Skip to 1 minute and 43 seconds It sounds like over-simplication but these two emotions can have detrimental effect on investors. And under the headline event, it is even harder to deal with fear and greed. How do investors deal with it? The best way is to be disciplined. And quantitative investing is one of best tools to make disciplined investment. Quantitative investing pays attention to the numbers to remove investor’s emotion in investment process. Hi, my name is Youngju Nielsen. I am an assistant professor at Sungkyunkwan University, here in Seoul Korea. Before I joined Sungkyunkwan university in 2015, I practiced quantitative investing over 15 years in Wall street. And now, I share my knowledge and experience with students here at Sungkyunkwan university.
Skip to 2 minutes and 40 seconds To learn about quantitative investing, you need to understand financial economics, statistics and computer programming. Over the next six week, I will help you have the first step to quantitative investing. And don’t worry! It will be a lot easier than it sounds like. You will be very surprised. This course will equip you to perform the most basic steps to quantitative investing. I am sure you will be more interested in the world of quantitative investing and be ready to proceed to more advanced course by the end of six weeks. Thanks for joining us. We look forward to having you with us!