Of course, personal preference is what Vegas is all about (yeah, baby!), whether for gambling or economics, making the Las Vegas Getaway May 2010 a highlight of the social year for Drucker School Alumni Association.

Popular Professor Jay Prag opened the party on private bowling lanes of the posh Red Rock Resort and Spa, with lanes lit by the soft blue glow of multimedia screens.

Haven’t bowled in a decade or so? It’s changed a bit: catered, flowing wine, computer screens, private lounges, music and video – at least at Red Rock. But it’s still up to you to knock down the pins. Wine helped, but not necessarily with rolling the ball accurately.

But not everyone can hurl a bowl with the force and precision needed to score strikes and collect spares. For them, there is finance, and the Getaway offered unquestionably the best economics and strategy presented in Vegas, perhaps ever.

Jay led fascinating Sunday sessions on making smart investments in uncertain times, a much needed refresher on the underappreciated common sense of risk diversification and buying the market rather picking stocks. Jay built out his presentation during the afternoon with a canny overview of the implications of emerging financial legislation on investors. Jay closed the session Monday with an intimate discussion of leadership and personal growth within organizations, capturing the Drucker ethos that is at the heart of our school.

Oh, and yes, there was gambling. Jay offered an economist’s advice on experiencing the casino: Set a limit on outflow, and just have fun. We certainly did the latter.

The event, May 22-24 at the North Las Vegas resort, drew 21 alumni and friends.

Come back to this page for word on future events.