General Investing >> Money Manager Interviews >> May 21, 2001

Josef Lakonishok – Lsv Asset Management

JOSEF LAKONISHOK is a principal at LSV Asset Management, the Karnes Professor of Finance at the University of Illinois at Urbana-Champaign, and a Research Associate at the National Bureau of Economic Research (NBER). He was Professor of Finance at the Johnson Graduate School of Management, Cornell University, and on the Faculty of Management of Tel Aviv University. Dr. Lakonishok earned a PhD in Finance from Cornell University. He specializes in empirical investment research. His papers cover a broad range of investment topics such as performance evaluation, analysts' forecasts, fundamental and technical trading strategies, and share repurchases. In addition to his research, he has extensive consulting experience with pension funds and other financial institutions throughout the United States and Europe. Dr. Lakonishok is one of the top contributors to major finance journals and has published more than 70 articles. He is an Associate Editor of many leading journals in financial economics. His work has received worldwide attention and has been the subject of numerous articles in the financial press. Dr. Lakonishok is a frequent speaker at academic and investment management conferences. Profile
TWST: You developed the original LSV Asset Management value model gained

through many years of investment experience. Will you begin with some of

the tenets of your investment philosophy.