Registration and Coffee: 8:30 AM Seminars: 9:00 AM to Noon
'BEN FRANKLIN' and ARTIFICIAL INTELLIGENCE
APPEARING ON CENTER STAGE . . .
Presidential Fellow, Chapman University; Editor in Chief, Forecasts & Strategies
“MARK SKOUSEN APPEARS AS BENJAMIN FRANKLIN: MONEY, BUSINESS AND THE PURSUIT OF HAPPINESS”
Mark Skousen, a sixth-generation grandson of the founding father himself, will appear as Benjamin Franklin. He and his wife compiled “The Completed Autobiography by Benjamin Franklin” (Regnery History, 2005). revealing much more about Franklin’s unusual career as a businessman, inventor, diplomat and ladies man.
In this educational and entertaining presentation, “Franklin” will reveal how he achieved financial success in the face of war, an economic depression, high inflation and how you can profit from his sage advice. Quotes from Franklin’s writings and stories of his financial exploits, successes and failures in life will be included.
About this remarkable Founding Father
The current state of the economy and the markets
Timely investment recommendations
Mark Skousen is editor of Forecasts & Strategies, an award-winning newsletter since 1980. He has taught economics and finance at the Columbia Business School and is currently a presidential fellow at Chapman University. Skousen was an economic analyst for the CIA, a columnist for Forbes magazine and past president of the Foundation for Economic Education in New York.
Skousen is producer of “FreedomFest,” the world’s largest gathering of free minds every July in Las Vegas. He is author of over 25 books.
Professor of Economics, Pomona College
“THE ARTIFICIAL INTELLIGENCE (AI) DELUSION OR DECEPTION: BE WARY OF BLACK-BOX ALGORITHMS”
We are told that data-mining algorithms can identify previously unknown truths that will change our lives. Our lives may well be changed, but not necessarily for the better. In the age of Big Data, the real danger is not that computers are smarter than us, but that we “think” computers are smarter and therefore trust computers to make key decisions.
Black-box investment algorithms now account for a third of all U.S. stock trades. These algorithms are dangerous because they are so efficient at discovering statistical patterns—however useless in judging whether the patterns are meaningful.
How data mining is hazardous to your financial wealth
How computers are useful, but not intelligent
How computers should not be trusted to make investment decisions
Gary Smith is the Fletcher Jones Professor of Economics at Pomona College. He received his Ph.D. in economics from Yale University and has lectured at Pomona since 2010. Smith has received two teaching awards and written more than 80 academic papers and 12 books including “Money Machine: The Surprising Power of Value Investing” (AMACOM, 2017). Smith’s research has been featured by Bloomberg, CNBC, Forbes, New York Times, Newsweek and BusinessWeek.
Seminar Schedule at the Skirball Center:3rd Saturday of each month, except
no meetings in August or December: Remaining meetings in 2018: April 21, May 19, June 16, July 21, September 15, October 20, November 17.
Skirball Cultural Center,
2701 N. Sepulveda Blvd. Located west of the San Diego
Fwy. (I-405), at the off-ramp to Mulholland Dr. and
Skirball Center Dr.
Registration/Coffee Book Exchange
9:00 a.m. - noon
In Advance (six days prior to meeting) $12 per person,
mail check to AAII Los Angeles Chapter, PO Box
854, Santa Monica, CA 90406-0854
(Your check is your receipt and may take up to four weeks to clear.)
Click Here to
view or download a registration form in .pdf format.
At the door
(space permitting only) $15 per person.
Please note:It is not the
policy of AAII, its local Chapters, officers or
directors to promote any specific investments or
techniques of analysis. The opinions of speakers
are their own and not necessarily those of AAII or the
LA Chapter. Attendees are advised that
presentations are provided solely for informational
purposes and should not be construed as an offer to sell
or the solicitation of an offer to buy securities.
The opinions and analyses are based on sources believed
to be reliable and presented in good faith. However, no
representation or warranty, expressed or implied,
is made as to their accuracy, completeness, timeliness
or correctness. All investment information
presented should be independently verified. The
investment information that is provided may not be
appropriate for all investors as it is provided without
consideration of attendees' financial sophistication,
financial situation, investing time horizon or risk