Graduate Business Alumni : Events : Breakfast Briefing Topics

2004 Speakers and Topics:

Friday, March 19, 2004
Investor psychology: Hope for riches and protection from poverty
Meir Statman, SCU Glenn Klimek Professor of Finance

"Someone is going to win the lottery," said an E*Trade advertisement in the time of the bubble, "just not you. It's time for E*Trade." Investors were exuberant during the time of the bubble, but they are fearful and angry today. "Do you plan to retire?" asked a recent New York Times article. "Think again." Meir Statman will discuss the hopes and fears of today's investors in today's economy and stock market and the emotions and cognitive errors that stand between them and their goals.

Meir Statman is the Glenn Klimek Professor of Finance at the Leavey School of Business, Santa Clara University. His research focuses on behavioral finance. He attempts to understand how investors and managers make financial decisions and how these decisions are reflected in financial markets. The questions he addresses include: What is the nature of risk? How do investors form portfolios? What determines expected returns? What is the effect of sentiment? Why are investors reluctant to realize losses? Why do investors have different rules for spending from capital and income? What kinds of securities do investors like? What forces shape financial regulation?

Meir's research has been published in The Journal of Finance, The Journal of Financial Economics, Financial Analysts Journal, The Journal of Financial and Quantitative Analysis and many other journals. The research has been supported by grants from the National Science Foundation, the Research Foundation of the Institute of Chartered Financial Analysts and the Dean Witter Foundation. Meir is a member of the Advisory Board of the Journal of Portfolio Management and the Journal of Invesment Counsulting and a recipient of a Batterymarch Fellowship and a Graham and Dodd Award.

Meir received his Ph.D. from Columbia University and his B.A. and M.B.A. from the Hebrew University of Jerusalem.

Thursday, May 27, 2004
7:30 a.m. Breakfast; 8:00 a.m. Presentation
"Why Entrepreneurs Don't Scale"
John Hamm, Managing Director, TCG Advisors

"It's a cliche to say that founders flounder, but unfortunately, that's usually the case. Most executives who start a business or project fizzle more often than not once they've gotten their venture on its feet. The reason executives fail to "scale" - that is adapt their leadership capabilities to their growing businesses' needs - remain fuzzy. It's simply assumed that there's an entrepreneurial personality and an executive personality and never the twain shall meet." John Hamm doesn't think that's true. He believes "most executives can learn to scale if they're willing to take a step back and admit to themselves that their old ways no longer work." * Join John to hear about his experiences with executives and how he thinks they can learn to scale.

*Harvard Business Review 2002

John Hamm is a managing director at TCG Advisors. John leads seminars and publishes in the area of leadership coaching and management systems for fast growth, early- to late stage technology companies. He leads a quarterly CEO Bootcamp for Deloitte & Touche in San Jose, Boston, and New York.

John has been published in Fast Company, Business 2.0, Business Week, Fortune, USA Today, and The Wall Street Journal. His latest published work, Why Entrepreneurs Don't Scale, was in The Harvard Business Review, December 2002.

John serves or has served on the boards of Documentum (acquired by EMC), Candera, Brocade Communications, IronPort Systems, and Sylantro Systems. Over the last six years, John has worked with over 120 CEOs nationwide providing strategy and leadership advice.

Prior to joining TCG Advisors in 2003, John was a venture partner at Redpoint Ventures, where his investment focus was Storage and Internet Infrastructure. John spent the majority of his time providing management and leadership coaching to various portfolio companies. Prior to Redpoint Ventures, John was a managing director at Internet Capital Group. Previous, John served four years as president and CEO of Whistle Communications, an IVP and Mayfield Fund portfolio company, and the leader in small office Internet appliance products (Whistle was acquired by IBM in June 1999). He was EVP and general manager of advanced storage products, a $520M business division at Adaptec. In addition, John held executive positions at Western Digital and Hewlett-Packard.

John holds B.S. degrees in Engineering Physics and Engineering Management from Purdue University, and completed the UC-Irvine Executive MBA program.

Individual reservations are $30; student and new alumni reservations are $25.

To make your reservation, email, fax or mail the registration form to Breakfast Briefings, Kenna Hall 223, Santa Clara University, 500 El Camino Real, Santa Clara, CA 95053, FAX : 408/554-4571. For more information, contact the Business School Events Office at 408/554-4557 or business_events@scu.edu.