Bradyn Breon-Drish

Professor Breon-Drish conducts primarily theoretical research on the effects of asymmetric information in financial markets. His current work focuses on the interaction between price informativeness and investor learning and its impact on asset prices. He has also studied the market timing ability of mutual fund managers.

Breon-Drish earned his Ph.D. in Finance from the University of California, Berkeley in 2011. Prior to that, he earned a B.B.A. in Finance from the University of Iowa in 2005 and an M.S. in Finance in 2008 from the University of California, Berkeley. Before his arrival at the Rady School, Breon-Drish was an Assistant Professor of Finance at the Stanford Graduate School of Business.

Research Areas

• Asset Pricing with Asymmetric
• Information
• Market Microstructure

Professor Breon-Drish conducts primarily theoretical research on the effects of asymmetric information in financial markets. His current work focuses on the interaction between price informativeness and investor learning and its impact on asset prices. He has also studied the market timing ability of mutual fund managers.

Breon-Drish earned his Ph.D. in Finance from the University of California, Berkeley in 2011. Prior to that, he earned a B.B.A. in Finance from the University of Iowa in 2005 and an M.S. in Finance in 2008 from the University of California, Berkeley. Before his arrival at the Rady School, Breon-Drish was an Assistant Professor of Finance at the Stanford Graduate School of Business.

Papers

• On Existence and Uniqueness of Equilibrium in a Class of Noisy Rational Expectations Models, Review of Economic Studies, 2015.

• Strategic Trading and Unobservable Information Acquisition, Journal of Financial Economics, forthcoming.

Working and Work In Progress Papers

• Delayed Information Acquisition and Entry into New Trading Opportunities (with Snehal Banerjee)
• Strategic Trading and Return Predictability
• Do Fund Managers Make Informed Asset Allocation Decisions? (with Jacob S. Sagi)

Companies

• Assistant Professor of Finance Rady School of Management (2016)
• Assistant Professor of Finance Stanford Graduate School of Business (2011 — 2016)
• Graduate Student Instructor Haas School of Business (2006 — 2011)