Roger Ibbotson is Chairman and Chief Investment Officer of Zebra Capital. He is a member of the Firm’s portfolio management team, having served in this role since the firm was founded in 2001. He is also a professor at Yale School of Management. Professor Ibbotson is Founder, Adviser and former Chairman of Ibbotson Associates, now a Morningstar company with $60 billion under advisement. 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 on capital market returns. Professor Ibbotson conducts research on a broad range of financial topics, including investment returns, mutual funds, international markets, portfolio management and valuation. He has recently published The Equity Risk Premium with William Goetzmann, and Lifetime Financial Advice with Milevsky, Chen and Zhu. He has also co-authored two books with Gary Brinson, Global Investing and Investment Markets. In addition, he has co-authored a textbook with Jack Clark Francis, Investments: A Global Approach. He is a regular contributor and editorial board member to both trade and academic journals. He is the recipient of many awards, including the Graham and Dodd Scrolls in 1979, 1982, 1984, 2001, 2004 and 2007.