Roger G. Ibbotson

Professor in the Practice Emeritus of Finance

Professor Roger Ibbotson

Roger G. Ibbotson is 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

Publications

Selected Books

R.G. Ibbotson
Morningstar, Inc. (2007-2015); Duff & Phelps, Wiley (2016)
2016
R. G. Ibbotson, M. A. Milevsky, P. Chen and K. X. Zhu
Research Foundation of CFA Institute Charlottesville, VA
2007
W. N. Goetzmann and R. G. Ibbotson
Oxford University Press, USA
2006
T. S. Coleman, L. Fisher and R. G. Ibbotson
Ibbotson Associates, Chicago
1994
R. G. Ibbotson and G. P. Brinson
McGraw-Hill
1993

Selected Articles

J. X. Xiong and R.G. Ibbotson
Journal of Investment Management
2015
R. G. Ibbotson and T. M. Idzorek
Journal of Portfolio Management
2014
J. X. Xiong and R.G. Ibbotson
Journal of Portfolio Management
2014
R. G. Ibbotson
Financial Analysts Journal
2010
R. Ibbotson, Z. Chen, D. Kim and W. Hu
Financial Analysts Journal
2013

Selected Working Papers

P. Straehl and R. G. Ibbotson
2016
Risk & Return within the Stock Market: What Works Best?
R.G. Ibbotson and D. Kim
2016
R.G. Ibbotson and D. Kim
2014

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

Boards

  • Chairman & CIO, Zebra Capital Management, LLC
  • Former Chairman, Ibbotson Associates, Inc., Chicago
  • Director and Chairman Audit Committee, Dimensional Fund Advisors, Inc., Fund Family