Roger Ibbotson

Roger G. Ibbotson is Professor in the Practice Emeritus of Finance at Yale School of Management. He is also chairman and CIO of Zebra Capital Management, LLC, an equity investment and hedge fund manager. He is founder, advisor and former chairman of Ibbotson Associates, now a Morningstar Company. He has written numerous books and articles including Stocks Bonds Bills and Inflation with Rex Sinquefield (updated annually) which serves as a standard reference for information and capital market returns.

Professor Ibbotson conducts research on a broad range of financial topics, including popularity, liquidity, investment returns, mutual funds, international markets, portfolio management, and valuation. He has recently published The Equity Risk Premium and Lifetime Financial Advice. He has also co-authored two books with Gary Brinson, Global Investing and Investment Markets. He is a regular contributor and editorial board member to both trade and academic journals.

Professor Ibbotson serves on numerous boards including Dimensional Fund Advisors’ funds. He frequently speaks at universities, conferences, and other forums. He received his bachelor’s degree in mathematics from Purdue University, his MBA from Indiana University, and his PhD from the University of Chicago where he taught for more than ten years and served as executive director of the Center for Research in Security Prices.

EDUCATION

• PhD, University of Chicago, 1974
  
• MBA, Indiana University, 1967
  
• BS, Purdue University, 1965
  

ACHIEVEMENTS

• Markowitz Award (Year''s Best Article), Journal of Investment Management, 2015
• Graham and Dodd Best Article of Year , Financial Analysts Journal, 2013
• Best Perspectives Article , Financial Analysts Journal, 2011
• Graham and Dodd Scroll Award , 1979, 1982, 1984, 2001, 2004, 2007, 2012, 2013

SELECTED BOOKS

• Stocks, Bonds, Bills, and Inflation (SBBI®) Yearbooks
  R.G. Ibbotson
  Morningstar, Inc. (2007-2015); Duff & Phelps, Wiley (2016)
  2016
  
• Lifetime financial advice: human capital, asset allocation, and insurance
  R. G. Ibbotson, M. A. Milevsky, P. Chen and K. X. Zhu
  Research Foundation of CFA Institute Charlottesville, VA
  2007
  
• The Equity Risk Premium: Essays and Explorations
  W. N. Goetzmann and R. G. Ibbotson
  Oxford University Press, USA
  2006
  
• Historical US Treasury Yield Curves 1926-1992
  T. S. Coleman, L. Fisher and R. G. Ibbotson
  Ibbotson Associates, Chicago
  1994
  
• Global investing: The professional's guide to the world capital markets
  R. G. Ibbotson and G. P. Brinson
  McGraw-Hill
  1993
  

SELECTED ARTICLES

• Momentum, Acceleration, & Reversal
  J. X. Xiong and R.G. Ibbotson
  Journal of Investment Management
  2015
  
• Volatility vs. Tail Risk: Which One is Compensated in Equity Funds
  J. X. Xiong and R.G. Ibbotson
  Journal of Portfolio Management
  2014
  
• Dimensions of Popularity
  R. G. Ibbotson and T. M. Idzorek
  Journal of Portfolio Management
  2014
  
• The Importance of Asset Allocation
  R. G. Ibbotson
  Financial Analysts Journal
  2010
  
• The Long-Run Drivers of Stock Returns: Total Payouts and the Real Economy
  R. Ibbotson
  2017

SELECTED WORKING PAPERS

• The Long-Term Drivers of Stock Returns
  P. Straehl and R. G. Ibbotson
  2016
  
• Risk & Return within the Stock Market: What Works Best?
  R.G. Ibbotson and D. Kim
  2016
  
• Risk & Return within the Global Markets
  R.G. Ibbotson and D. Kim
  2014