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Edward Weinberger

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When Ed was a teenager (c. 1967), his father told his mother that Ed would likely work in areas that had yet to be invented, a prediction that has largely been borne out, starting, upon graduation from MIT in 1973, working with computers on Skylab and the Space Shuttle. Indeed, if Ed’s career were a movie, it would be “How Cyberspace Was Won,” a modern version of the iconic movie “How the West Was Won” (minus the gratuitous violence).
As with his undergraduate education, Ed’s graduate education at NYU appeared to be about math, but it once again prepared him to work with computers, this time as a researcher in computation related issues in theoretical evolutionary biology, first at the University of Pennsylvania and, later, at Germany’s Max Planck Institute (He was there when the Berlin Wall fell in 1989). In between these appointments, Ed devised an algorithm for data compression that Prodigy, a forerunner of the internet, patented.
In 1991, there was a radical change of scene: The bottom fell out of the academic market because of the end of the Cold War, so Ed transferred his computers and applied math by becoming a “quant” on the interest rate derivatives desk of HSBC (quantitative finance being among the first revolutions enabled by cheap personal computers). A series of subsequent roles in quantitative finance and financial technology included a consulting assignment at a boutique issuer of sub-prime mortgage-backed securities; hence, Ed’s claim that he was one of the crew that brought you the mortgage meltdown of 2008 (For more on this, see Ed’s piece “Where’s the Sechel?”, forthcoming in OpEd News).
Ed resumed his association with academia by joining the faculty of what is now the Department of Finance and Risk Engineering at NYU’s Tandon School of Engineering in 2002. He also held a visiting appointment in Clark University’s Graduate School of Management from 2014 to 2016.
Ed currently lives and works (remotely!) in New York City.

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(1 comments) SHARE More Sharing        Tuesday, April 6, 2021
Where's the Sechel*? A meditation on how academics have mistaken knowledge for wisdom, and what it has cost the rest of us.

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