Satyajit Das: The Cultural Transformation of the World of Finance (1/6)

The video features an author discussing his book on derivatives, exploring his career in the industry, and examining the historical development of financial derivatives. He reflects on the influence of economic theories and the practical challenges faced in the derivatives market, highlighting the evolution of financial practices and the impact of theoretical frameworks.

What role did innovation play in the development of derivatives according to the author?

What changes in the financial services industry does the author describe?

How does the author reflect on the evolution of risk management practices?