“Intuitively, I knew that if I wanted to grow and achieve my potential, I should learn and work with those who were the best, and who could bring out the best in me.”
In 1997, Myron Samuel Scholes was awarded the Nobel Memorial Prize in Economic Sciences for creating “a new method to determine the value of derivatives". What has come to be known as the ‘Black-Scholes model’ is now used today as the standard model for valuing options in the global financial market.
With an eyesight impairment that began in his teens and ended with an operation at 26, Scholes, unable to read for extended periods of time, trained himself to become an outstanding listener , and empowered himself to think conceptually and abstractly. Never allowing his own boundaries to set him back, Scholes’ passion for economic research and his unyielding drive for knowledge, served to change the world of finance as we know it today.