The annual Finance Conference returned in person to Boston College this spring, bringing together alums, students, and leaders from across industries to engage with big ideas.Ā
Aaron Horne '17
Aaron Horne ā17, a project manager for real estate development firm Trinity Financial, was eager to consider points that overlapped with the world of real estate. Learning more about financial markets and economics helps him āto not only be better informed in my job, but just as a person engaging with the world.ā
For some attendees, the May 6 conference was a family affair. Husband and wife duo Bob McAuliffe ā76 and Mary Anne McAuliffe, MBA ā78, enjoyed former Council of Economic Advisors chair Christina Romerās ideas on the bumpy but ultimately positive direction the economy is heading in, as well as the talk given by Richard Bernstein, CEO of Richard Bernstein Advisors. āI came for investment ideas,ā Mary Anne says. āIām following him on Twitter now!ā
Mary Anne also shared that former U.S. Secretary of Defense Ash Carterās talk was a big reason for her deciding to attend the conference. āI was a political science major in undergrad,ā she says. āI like that global look at the world.ā
John Kraeutler
Chase Kraeutler, a sophomore in the Carroll School studying accounting and finance, attended the conference with his father John Kraeutler, founder and CEO of Kraeutler Financial, who drove up from New Jersey to join. John has seen Paul Romer, recipient of the 2018 Nobel Prize in Economics, interviewed on Bloomberg, and was especially interested in what he had to say. He was also digesting the data and findings presented by Carroll School Assistant Professor of Finance Simcha Barkai, about how workers, over the past 50 years, have received a declining share of the overall economic pie.
What stuck out to Chase? āWhen Rich Bernstein spoke about cryptocurrencies, I thought that was very interesting,ā he says. āEveryone, especially my generation, is so bullish on crypto. Everyoneās rushing to get it. I like to hear the opposite side of it where heās more conservative on the idea of it.ā
“I also thought it was just such a great opportunity to be back on campusāIāll never say no to that!”
Joe Wang and Nathan French
Chase wasnāt the only one mulling over Bernsteinās cryptocurrency thoughts. As they sat in the Murray Family Function room in Yawkey Athletics Center, Joe Wang ā24 and Nathan French ā24 were deep in conversation on the topic. French, a finance and computer science double major, mentioned that El Salvador had made Bitcoin legal tender in 2021. āI think we both agree that itās not the best time for them to do that because thereās a lot of risk involved with it,ā he says, noting that he will be taking a Carroll School class on cryptocurrency in the fall that heās looking forward to.
Wang, who is majoring in finance, with an additional major in math and a minor in computer science, decided to attend after his mom heard about the event. āGrowing up she would always bring me to conferences just to expose me to new material,ā he says. āI think itās really interesting just to be exposed to some of these [ideas] and hear the applications of what Iām learning in classes too.ā
Sophie Fonseca
Sophie Fonseca ā19, a business control and risk management associate at Santander Bank, also made a point of mentioning Barkai and his findings on how industries are becoming more concentrated, with less competition (which is related to laborās declining share of income). āI like how he tied it back to something thatās a little bit less theoretical, which was the wages of Americans,ā she says. āHe offered some tangible solutions and . . . tackled things that Iām more personally interested in.ā
Echoing a sentiment heard throughout the day, Fonseca commented, āI also thought it was just such a great opportunity to be back on campusāIāll never say no to that!ā
