William Forsyth Sharpe
William Forsyth Sharpe (born
June 16,
1934) is Professor of Finance, Emeritus at
Stanford University's Graduate School of Business and the winner of the
1990 Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel.
Dr. Sharpe taught at the
University of Washington and the
University of California, Irvine. In
1970 he joined Stanford University. He was one of the originators of the
Capital Asset Pricing Model, created the
Sharpe ratio for risk-adjusted investment performance analysis, contributed to the development of the
binomial method for the valuation of
options, the gradient method for asset allocation optimization, and returns-based style analysis for evaluating the style and performance of investment funds.
He served as a President of the
American Finance Association.
He received his Ph.D., M.A., and B.A. in
Economics from the
University of California, Los Angeles. He is also the recipient of a Doctor of Humane Letters, Honoris Causa from
DePaul University, a Doctor Honoris Causa from the
University of Alicante (
Spain), a Doctor Honoris Causa from the
University of Vienna and the UCLA Medal, UCLA's highest honor.
* Portfolio Theory and Capital Markets (McGraw-Hill, 1970 and 2000)
* Asset Allocation Tools (Scientific Press, 1987)
* Fundamentals of Investments (with Gordon J. Alexander and Jeffrey Bailey, Prentice-Hall, 2000)
* Investments (with Gordon J. Alexander and Jeffrey Bailey, Prentice-Hall, 1999)
*
Personal web site of Dr. Sharpe*
pioneering work in the theory of financial economics.*
Economista estadounidense, estudió en UCLA donde fue discípulo de Armen A. Alchian y obtuvo el doctorado en 1961.
