[Mitworld] Ellyn McColgan on Making Mistakes, MIT150 Panel on Finance Technology

[MIT World]

MIT World Newsletter

Volume 10, Number 33 |  March 16, 2011

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How to Make a Great Mistake
February 24, 2011

Take it from Ellyn McColgan: Colossal, cringe-inducing screw-ups can make rather than break a career. 
In a self-deprecating talk aimed at educating an audience training for corporate leadership, McColgan, 
who rose to run businesses managing trillions in assets, reveals how she learned from even the 
most devastating mistakes.

http://mitworld.mit.edu/video/885

Speaker:
Ellyn McColgan
Director, Primerica, Inc. and Executive Advisor, Aquiline-LLC


Event Host:
MIT Sloan School of Management

"Leadership is about bringing people to a place they will not go to by themselves. Making mistakes 
helps you to learn your own limits and the limits of the organization... This by the way, is the 
secret to having a life worth living. Do not be afraid. Instead, make your motto: be big, be brave, be bold."
-Ellyn McColgan

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The Evolution of Financial Technology
January 28, 2011

An unmistakable glow of nostalgia rises from this reunion of “five of the founding fathers of 
modern finance,” in the words of Andrew Lo. The speakers reminisce about their start in economics, 
and their professional lives at MIT, a decades-long era of intense collaboration and creativity that 
both transformed the academic field and the landscape of real-world finance. 

http://mitworld.mit.edu/video/878

Moderator:
Andrew Lo
Harris & Harris Group Professor of Finance, MIT Sloan School of Management
Director, MIT Laboratory for Financial Engineering
Event Host:
MIT150 Inventional Wisdom

"My guess is we’d all say it wasn’t the models that caused the crisis. It was misuse or overconfidence 
in the models, or lack of comprehension of downstream effects of what various people were doing, or 
the dangers they were unwittingly running. It’s true that modern finance is a powerful tool and can 
be misused, but that’s not a reason to discard the tool. That’s a reason to use it better."
-Stewart C. Myers

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In The Pipeline:

Inside Tahrir Square

Presented By:
Center for International Studies
Starr Forum

Speaker:
Iason Athanasiadis, David Weinberg, Kristin Fabbe


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