LLC, Santa Fe, New Mexico, USA

News and Press Releases

UBS to Acquire Remaining Stake in Prediction Company LLC
NEW YORK--(BUSINESS WIRE)--Nov. 15, 2005
UBS announced today that it has acquired Prediction Company LLC, based in Santa Fe, New Mexico, for undisclosed terms. UBS has been a joint venture partner and sole client of Prediction since 1995, when it entered the relationship through its acquisition of O'Connor & Associates. Prediction Company LLC, employs 46 staff and specializes in the development of advanced financial engineering and trading software. The company and its staff will continue to operate in Santa Fe as a subsidiary of UBS Americas. Karen Lawrence, CEO of Prediction LLC, will join UBS as a Managing Director, and has been appointed to the US Equities Operating Committee. Lawrence said: "We are pleased to be joining one of the leading equity houses in the world. This was a logical step in the development of our relationship with UBS, and opens a whole new range of opportunities for us." Larry Leibowitz, Chief Operating Officer of UBS Americas Equities said: "We are thrilled to have the talented team of Prediction join our firm, continuing and extending the quality financial modeling they have been doing for years. We see significant synergies as we continue our emphasis on applying technology in the development of our equities business." UBS is one of the world's leading financial firms. As an organization, it combines financial strength with a culture that embraces change. UBS is the world's largest wealth manager, a top tier investment banking and securities firm, and a key global asset manager. In Switzerland, UBS is the market leader in retail and commercial banking. UBS, headquartered in Zurich and Basel, is present in all major financial centers worldwide. It has offices in 50 countries and employs 69,000 people worldwide.

January 28, 2003 - Karen E. Lawrence Appointed President and CEO

The Predictors by Thomas Bass is now available.  The Predictors chronicles the creation and early years of Prediction Company.

Media Coverage

• The Predictors by Thomas Bass, Henry Holt & Company, 1999
• Black Box by Thomas A. Bass, The New Yorker, April 26 and May 3, 1999
• Ivory Tower Investing by Alyssa A. Lappen, Institutional Investor, March 1998
• Einsteins of Info Systems by Laton McCartney, Information Week, February 26, 1996
• Way Off Wall Street by James Aley, Fortune, February 5, 1996
• The World According to Norman Packard by Joe Kolman, Derivatives Strategy, December/January 1996
• High Tech Trading by Peggy Lee O’Neill, The Albuquerque Journal, November 12, 1995
• Sifting Hidden Market Patterns for Profit by George Johnson, The New York Times, September 11, 1995
• Predicting the Future by Bob Quick, The Santa Fe New Mexican, July 23, 1995
• When Your Investment Horizon is Minutes by John Pitt, Global Finance, June 1995
• Get Smart About Chaos by Mark Etzkorn, Futures, May 1995
• Market Prediction Turns the Tables on Random Walk by Karen Corcella, Wall Street & Technology, May 1995
• New Brains by Jonathan R. Laing, Barrons, February 27, 1995
• Cracking Wall Street by Kevin Kelly, Wired, July 1994
• Making Predictions Makes Money by Anne Constable, Santa Fe Reporter, January 19-25, 1994
• Enter the Market Merlins by David H. Freedman, Forbes ASAP, October 1993
• Chaos Hits Wall Street by David Berreby, Discover, March 1993