Presenters

Please check back for updated speaker biographies, papers and presentations.

Clifford Asness, PhD

Managing and Founding Principal, AQR Capital Management LLC

Clifford Asness is a Founder, Managing Principal and Chief Investment Officer at AQR Capital Management. He is an active researcher and has authored articles on a variety of financial topics for many publications, including The Journal of Portfolio Management, Financial Analysts Journal and The Journal of Finance. He has received five Bernstein Fabozzi/Jacobs Levy Awards from The Journal of Portfolio Management, in 2002, 2004, 2005, 2014 and 2015. Financial Analysts Journal has twice awarded him the Graham and Dodd Award for the year’s best paper, as well as a Graham and Dodd Excellence Award, the award for the best perspectives piece, and the Graham and Dodd Readers’ Choice Award. In 2006, CFA Institute presented Dr. Asness with the James R. Vertin Award, which is periodically given to individuals who have produced a body of research notable for its relevance and enduring value to investment professionals. Prior to cofounding AQR Capital Management, he was a managing director and director of quantitative research for the Asset Management Division of Goldman, Sachs & Co. He is on the editorial board of The Journal of Portfolio Management, the governing board of the Courant Institute of Mathematical Finance at NYU, the board of directors of the Q-Group and the board of the International Rescue Committee. Dr. Asness received a B.S. in economics from the Wharton School and a B.S. in engineering from the Moore School of Electrical Engineering at the University of Pennsylvania, graduating summa cum laude in both. He received an M.B.A. with high honors and a Ph.D. in finance from the University of Chicago, where he was Eugene Fama’s student and teaching assistant for two years (so he still feels guilty when trying to beat the market).


Ravi Bansal

J.B. Fuqua Professor of Finance, Fuqua School of Business, Duke University

Ravi Bansal is a research associate of the National Bureau of Economic Research. Bansal conducts research which focuses on asset pricing, long run risks, money and liquidity, and more recently on climate change and socially responsible investing from the perspective of financial economics. His papers have appeared in leading journals, including the Journal of Finance, Review of Economic Studies, Journal of Political Economy, Review of Financial Studies, American Economic Review, and Journal of Econometrics. His work on Long-Run Risks received the Smith Breeden distinguished paper award and is acknowledged in the scientific background article for the 2013 Nobel Prize in Economics. Many of his PhD students are placed at leading academic institutions and investment banks.


Lauren Cohen

L.E. Simmons Chaired Professor, Finance Unit, Harvard Business School and Research Associate, National Bureau of Economic Research

Dr. Lauren Cohen teaches Asset Management at the Harvard Business School, along with numerous Executive Education courses. Dr. Cohen frequently advises government organizations in the US and abroad, including the United States Securities and Exchange Commission, United States Patent & Trademark Office, testifying in front of the United States Congress, and advising the governments of China and Turkey. He was additionally named a 2008 Pensions & Investments “Cutting Edge Academic.” Dr. Cohen’s award-winning research has been published in the top journals in Finance and Economics. It is also frequently described in various media outlets including The Wall Street Journal, The New York Times, The Washington Post, Fortune, and Forbes. Additionally, he has been honored by the National Science Foundation (NSF) with multiple grants including the prestigious National Science Foundation CAREER Award – awarded to the most promising young economists in the field each year.


Joseph Gerakos

Associate Professor of Business Administration, Tuck School of Business, Dartmouth College

Joseph Gerakos studies markets for financial services and is currently conducting research on the structure and performance of the asset management industry and competition in the audit market. He is a member of the editorial board of the Journal of Accounting Research and has published in top accounting and finance journals. He was previously an Associate Professor of Accounting at the University of Chicago Booth School of Business. He is a graduate of Dartmouth College and received his PhD at the University of Pennsylvania.


William N. Goetzmann

Edwin J. Beinecke Professor of Finance and Management Studies and Director, International Center for Finance, Yale School of Management

Professor Goetzmann is an expert on a diverse range of investments, including stocks, hedge funds, real estate and art. His research also includes the history of finance in China, the origins of corporations and the history of stock market bubbles. Professor Goetzmann’s work has been featured in the Wall Street Journal, the New York Times, Business Week, the EconomistForbes, and Art and Auction. Professor Goetzmann has co-authored a number of books, including a bestselling book on Investment Management and a history of  financial innovation book entitled The Origins of Value: The Financial Innovations that Created Modern Capital Markets, and is the author of a 2016 book on the history of finance, entitled Money Changes Everything. He has taught investment management, real estate, and portfolio management at the Yale School of Management for more than 20 years.


Steven L. Heston

Associate Professor of Finance, University of Maryland, College Park

Steve Heston graduated with a BS double major in Mathematics and Economics from the University of Maryland, College Park in 1983. He attended the Graduate School of Industrial Administration and earned an MBA in 1985 followed by a PhD in Finance in 1990. He has held previous faculty positions at Yale, Columbia, Washington University, and the University of Auckland in New Zealand. He has worked in the private sector with Goldman Sachs in Fixed Income Arbitrage and in Asset Management Quantitative Equities. He is known for analyzing options with stochastic volatility and international stock risk.


Harrison Hong

Professor of Economics, Columbia University

Harrison Hong is the John R. Eckel Jr. Professorncial Economics at C courses in the undergraduate and PhD programs. Before coming to Columbia in 2016, he was on the economics faculty of Princeton University, most recently as the John Scully ’66 Professor of Economics and Finance. Prior to that, he was an assistant professor of finance at the Stanford Graduate School of Business from 1997-2001. He received his B.A. in economics and statistics with highest distinction from the University of California at Berkeley in 1992 and his Ph.D. in economics from M.I.T. in 1997. He has contributed to a number of topics in financial economics, especially on behavioral finance and stock market efficiency. Topics include disagreement in asset markets, speculative bubbles and crashes, frictions and arbitrage, strategic bias among professional forecasters, scale and performance in asset management, social networks and investments, compensation and bank risk-taking, and corporate sustainability and climate change risks. In 2009, he was awarded the Fischer Black Prize, given once every two years to the best American finance economist under the age of 40. He has received several honorary doctorates. He is a research associate at the National Bureau of Economic Research and an editor of the International Journal of Central Banking. He has been an associate editor at the Journal of Finance, Journal of Financial Intermediation and a Director of the American Finance Association.


Lars A. Lochstoer

Associate Professor of Finance, UCLA Anderson School of Management

Lars A. Lochstoer has published in top tier economics and business journals, including the American Economic Review, Journal of Finance, Review of Financial Studies, Journal of Financial Economics, and Management Science. Lars started out as a quantitative analyst in Carnegie Asset Management before getting his PhD in Finance from the Haas School of Business at UC Berkeley in 2005. Thereafter, Lars held assistant and associate professorships at London Business School and Columbia University, joining the UCLA Anderson School of Management in 2016. He currently teaches empirical methods in finance, as well as data analytics. His research centers on understanding the economic mechanisms that drive asset prices, predictive relationships, and returns. Lars has served as an Associate Editor of the Review of Financial Studies and is currently an Associate Editor of the Review of Finance.


Deborah Lucas

Sloan Distinguished Professor of Finance, MIT Sloan School of Management and Director, MIT Golub Center for Finance and Policy

Deborah J. Lucas’s recent research has focused on how to better measure and acc She also has published extensively in the areas of asset pricing and portfolio choice, dynamic models of corporate finance, money and banking, and retirement policy. Previous appointments include assistant director at the Congressional Budget Office; professor at Northwestern University’s Kellogg School; chief economist at the Congressional Budget Office; and senior staff economist at the Council of Economic Advisers. She has been a director on several corporate and non-profit boards, including the American Finance Association. She currently is an associate editor for the AEJ-Policy, the Annual Review of Financial Economics, and the Journal of Financial Intermediation; an NBER Research Associate; serves on advisory boards for the New York Fed, the Urban Institute, and the Census Bureau. She received her BA, MA, and a PhD in economics from the University of Chicago.


Thomas E. Mann

Senior Fellow in Governance Studies at The Brookings Institution and Resident Scholar, Institute of Governmental Studies, University of California, Berkeley

Thomas E. Mann earned his B.A. in political science at the University of Florida and his M.A. and Ph.D. at the University of Michigan.  Mann has taught at many universities including Princeton and the University of Virginia; conducted polls for congressional candidates; and chaired the Board of Overseers of the National Election Studies. Mann is a fellow of the American Academy of Arts and Sciences and a member of the Council on Foreign Relations.  His latest book, written with his longtime collaborator Norman Ornstein, is a New York Times bestseller entitled It’s Even Worse Than It Looks: How the American Constitutional System Collided With the New Politics of Extremism (2012). A new expanded paper edition was released in 2016.  Mann and Ornstein were named by Foreign Policy Magazine among the “100 Top Global Thinkers of 2012” for “diagnosing America’s political dysfunction.”


Norman J. Ornstein

Resident Scholar, American Enterprise Institute

Norman J. Ornstein writes a regular column for The Atlantic. For 30 years, he was an election-eve analyst for CBS News; in 2012 and 2016, he was an election-eve analyst for BBC News. He served as co-director of the AEI-Brookings Election Reform Project, helped create and was senior counselor for the Continuity of Government Commission, and helped shape the McCain-Feingold law to reform campaign finance. He also played a major role in Senate committee reform, in the creation of the Congressional Office of Compliance, and in the creation of the House of Representatives Office of Congressional Ethics. He was elected a fellow of the American Academy of Arts and Sciences in 2004. His many books include the New York Times bestseller It’s Even Worse Than It Looks: How the American Constitutional System Collided with the New Politics of Extremism with Thomas Mann (Basic Books, 2012). Its revised edition, It’s Even Worse Than It Was, was published in April 2016.


Jules van Binsbergen

Nippon Life Associate Professor of Finance, The Wharton School, University of Pennsylvania

Jules van Binsbergen conducts theoretical and empirical research in finance. His current work focuses on asset pricing, in particular the relationship between financial markets and the macro economy, and the organization, skill and performance of financial intermediaries. Some of his recent research focuses on the influence of financial market anomalies on real economic activity, measuring the skill of mutual fund managers and the term structure of cash flow growth and stock return predictability. Professor van Binsbergen’s research has appeared in leading academic journals, such as the American Economic Review, the Journal of Finance, the Journal of Financial Economics and the Journal of Monetary Economics. He received his PhD from the Fuqua School of Business at Duke University. After obtaining his PhD in 2008, he joined the faculty at Stanford’s Graduate School of Business, where he got tenure in 2014. He joined the Wharton School in 2014.