Models for real-world investors I want to begin by thanking Professor Gabor Szekely and the Department of Math and Statistics at BGSU (Bowling Green State University) for inviting me to give this series of lectures. When Gabor made the invitation, I delayed making a decision, for I had too many prior commitments for this summer. Therefore, I apologize to Gabor for the fact that he had to repeat the invitation several times before I finally (sighed and) agreed to do it. Over the weekend, I discovered by accident, that these lectures are part of the Lukacs Lecture series. I never met Eugene Lukacs but, on many an occasion, I have looked at his book on characteristic functions. I found it to be a no-nonsense book, written very carefully, succinctly too. I've never worked in the area of characteristic functions, for it's just too hard for me. But I have a colleague, Tilmann Gneiting, of the Univ. of Washington, who has read Lukacs' book in extremely great detail, and he has a very high opinion of the book. And then there is the state of Ohio. I don't visit Ohio often but, when I do, I go away with the feeling that its people are remarkably industrious and practical, many working at nitty-gritty industrial and farming jobs to make a decent life in a climate which remains cold for a large part of the year. I've never lived in Ohio (and I intend to remain in Pennsylvania in perpetuity) but I have friends who live in Ohio; like me, they originated in the Caribbean, and they too have highly positive views of the Ohio region and its peoples.