Prof. Peter Christoffersen introduces to us the areas of his research in finance and how does he involve his findings in his teaching material. He takes a close look at the U.S. economic downfall in 2008 and the consequences which followed. He talks about how the business model for banking changes rapidly in the last 20 years and why should consumer learn to say No to credit? He shares his insight on what diversification means and how to achieve diversification. Tune in to find out more about what lessons individual investors should learn from the economic crisis and how the stockholders should manage risk.

Peter Christoffersen is Associate Professor of Finance and Desmarais Faculty Scholar at the Desautels Faculty of Management, McGill University, Montreal, Canada.

He teaches option valuation and financial risk management in the MBA, PhD and executive programs. He is currently on leave, teaching at the Department of Finance at the copenhagen Business School till mid-’08. Risk Knowledge Network, Inc.

Before joining McGill University, Peter worked as an economist at the IMF in Washington, DC, where he did research on emerging financial markets.