Jeffrey Owen Katz

Last updated
Jeffery Owen Katz
Born (1950-04-06) April 6, 1950 (age 74)
Queens, New York City, NY
Alma mater Stony Brook University; Lancaster University
SpouseDonna McCormick
Scientific career
FieldsScience, Math, Astronomy

Jeffrey Owen Katz (born 1950) is an American scientist best known for his pivotal contribution to the field of factor analysis [1] and his development of innovative artificial intelligence tools. [2]

Contents

He was considered a child prodigy in the area of electronic engineering. He was able to read and draw schematic diagrams before he could read and write English. [3]

Education

Rather than send their only child away to a boarding school for gifted children, Katz' parents arranged for home-schooling, which was continued until Katz' mid-teens when he began auditing college level courses at local universities. Eventually Katz enrolled in undergraduate studies at Stony Brook University, part of the State University of New York. Katz studied mathematics, psychology, psychophysiology, physics, and biology. Whilst he was a graduate student in mathematics at Stony Brook University, he published a new method of factor rotation, [4] programmed (in Fortran) a portion of the Numerical Taxonomy Systems Package, and published a number of papers in refereed journals.

In the mid-1970s, Katz was invited to enroll at the University of Lancaster, England, where his academic interests and expertise coalesced in the application of mathematics and psychometrics to the study of psychophysiology and genetics by use of sophisticated instrumentation which he designed and built. Katz's graduate studies were interrupted by an extended critical illness. He returned to his family home in the United States. In 1983, Katz received a Ph.D. from the University of Lancaster, under the mentorship of both Phillip Levy, Chair of Lancaster's Psychology Department, and Hans Eysenck, psychometrician and founder of the Psychology Department at the University of London. He was offered a teaching and research position in Dr. Eysenck's department. He declined this, and after graduating returned to Long Island, United States, to be close to his family.

Research

After graduation, Katz held several research positions. He worked for the Brain Research Laboratories (New York University) developing neurometric systems based on the multivariate statistical analysis of electroencephalographic signals (EEG). He later worked for HeartMap, a biomedical company, where he headed the design, hardware prototyping, software development and testing of a 64-channel cardiac monitor with special analytic capabilities, including neural network pattern recognition and the ability to generate 3-D images of the electrical potentials across the surface of the heart. He also worked for the American Society for Psychical Research. where he developed experimental protocols, conducted data analysis, as well as designed and built low noise instrumentation for a variety of psycho physiological and physical experiments.

In 1989, Katz founded and became CEO of Scientific Consultant Services, Inc. (www.scientific-consultants.com), a firm that provides advanced solutions to difficult data handling problems in diverse fields. To that end, he developed sophisticated artificial intelligence software (neural networks and genetic algorithms). His clients have ranged from the U.S. Navy to the Swedish Lumber Authority; major asset management firms to individual investors. His accomplishments include the development of the first commercially available neural network model that forecasts the date, direction and degree of S&P 500 and OEX turning points from one day to months in advance (NexTurn); the development of the first 32-bit neural network development tool for PCs (N-Train); and the development of the first neurogenetic development tool, designed for the genetic evolution of neural networks (LogiVolve).

In addition, Katz served as Managing Principal and Director of Trading and System Development of Blackhorn Asset Management, LLC (2005–2008); Technical Director of Interactive Software Laboratories, Inc. (1995–1998), a firm offering data, data management tools and predictive software to the financial community; and Co-Founder, Vice President, and Director of Software Development, Datatek, Inc. (1990–1993), a consulting and trading system development firm.

Throughout his life, Katz has dedicated generous amount of his time and resources to various nonprofit causes, ranging from animal welfare to science education. He has lectured and taught classes at all levels of academia and at private organizations, has published extensively in several fields (in refereed journals, trade magazines, anthologies) and, with his wife, co-authored three books for McGraw-Hill [5] [6] [7]

Astronomy and Custer Institute

From 2003-2013, Katz devoted substantial time to one of his main passions: science education. During that period, he established research and internship programs at the Custer Institute, Inc., where he also served on the Board of Directors (2003–2013), as Observatory Director (2004–2012), and as Research Chair (2006–2012). He was the founder and coordinator of the Custer Institute's “Education Through Research” Program. He had served as mentor for students from high school through graduate school, often helping them achieve grants and competitive awards. [8] To help promote the Institute and its programs, for several years Katz wrote a monthly astronomy column for the Long Island Pulse magazine, [9] and was featured in numerous media productions, including the PBS award-winning documentary, "The Souls of New York." [10] To facilitate the work of the Institute, he obtained grants for its research and educational programs, [11] [12] enlisted the participation of many local scientists and academicians, and developed specialized hardware (e.g., optics innovations [13] ) and software (e.g., a unique deconvolution algorithm for image enhancement [14] ). In acknowledgment of his accomplishments, he was awarded a Citation from the New York State Assembly. [15] Katz is currently on the Advisory Board of Montauk Observatory, Inc. [16]

While at the Custer Institute, Katz's childhood interest in amateur radio resurfaced. He revitalized the Institute's amateur radio and radio astronomy programs and had arranged the donation and installation of a 55-foot crank-up radio tower from the Great South Bay Amateur Radio Club (of which he is still a member).

Katz's latest research endeavor is the development of a multi-schedule survey of symptomatology and treatment of fibromyalgia and chronic fatigue syndrome. [17] Nearly 5000 respondents have participated in this study, which revealed important correlations between a number of factors, including the relationship between thyroid conditions and these disorders. Katz is currently working on a publication about this study and the results.

Publications

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References

  1. ↑ Jennrich, Robert I., "Rotation to Simple Loadings Using Component Loss Function: The Oblique Case," Psychometrika, Vol. 71, No. 1, pp. 173-191, March 2006.
  2. ↑ Gopalakrishnan, Jayanthi. "Staying Alive as a Trader: Jeffrey Owen Katz." Technical Analysis of Stocks and Commodities, January 2006.
  3. ↑ Hunt, William. "Young Electronics Genius Experimented at Age 2." Long Island Sunday Press, January 1, 1961.
  4. ↑ Katz, Jeffrey Owen, and Rohlf, F. James. "Functionplane: A new approach to simple structure rotation." Psychometrika, March 1974, Vol. 39, No. 1, pp. 37-51
  5. ↑ Katz, Jeffrey Owen, and McCormick, Donna L. The Encyclopedia of Trading Strategies. McGraw-Hill, Spring 2000.
  6. ↑ Katz, Jeffrey Owen, and McCormick, Donna L. How to Start Day Trading Futures, Options, and Indices. McGraw-Hill, October 2001.
  7. ↑ Katz, Jeffrey Owen, and McCormick, Donna L. Advanced Option Pricing Models: An Empirical Approach to Valuing Options. McGraw-Hill, March 2005.
  8. ↑ "Custer Receives Grant from Brookhaven National Labs," Custer Comment, Volume XXXIX, Issue 1, pp. 1-2.
  9. ↑ Katz, Jeffrey Owen. "Star Gazer." Monthly column for Long Island Pulse magazine, 2007-2012.
  10. ↑ Brent Sterling Nemetz, Director/Producer, Sterling Films, 2006
  11. ↑ Rizzo, Christina. "Money to See Beyond Stars." The Suffolk Times, January 3, 2008
  12. ↑ "Custer Institute Receives Grant from BNL," LongIslandExchange.com, October 2, 2008
  13. ↑ Myers, Michelle. "Universe in Focus in Southold." The Suffolk Times, May 21, 2009
  14. ↑ "Annual Report from the Observatory Director," Custer Comment, Annual Issue June 2010-May 2011, p. 5-6
  15. ↑ "NYS Honors Custer & Staff," Custer Comment, Summer 2009, p. 5
  16. ↑ "Untitled Document".
  17. ↑ "Chronic Fatigue & Fibromyalgia".
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