イベント・セミナー

このイベント・セミナーは終了いたしました。

  • 募集締切
  • 市場・マーケット

CFA Japan Seminar : Back to the Futures Analysis of the Rice Futures Market in 18th century at Dojima (Osaka, Japan)

開催日 2013年04月16日(火)  時間 19時00分~20時30分
対象者 日本CFA協会会員、受験者会員、CFA受験者、非会員(一般)
参加人数 36
パネラー・講師 Mr. Katsunari Yamaguchi PhD / CFA /CMA (President, Ibbotson Associates Japan, Inc.)
主催 一般社団法人日本CFA協会

セミナー詳細

The rice market operating at Dojima, Osaka in Edo-period was the first organized futures market in human history. Without computers and finance theories, we wonder if futures prices were reasonably formed in the 18th century.
Part I of this study analyses risk and return of rice market in Edo-period, based on the theory of commodity futures pricing originated by J.M. Keynes.
Part II will review the investment philosophy of Sokyu Homma, the legendary speculator in those days, from the viewpoint of behavioral finance.