Bob Haugen Bio | Low Volatility Stocks Investor Tools

In addition to being the first to discover the Low Volatility Anomaly, Bob Haugen is a pioneer in the field of quantitative investment. He is the leading proponent of the case that stock markets are inherently inefficient.

Toward the end of his successful 30-year academic career, he invented the concept of an expected return factor model and published his breakthrough research on its predictive power in the Journal of Financial Economics. In 1998, he opened Haugen Custom Financial Systems, which licenses expected returns to institutional investors. Ever since, clients have capitalized on Haugen’s out-of-the-box views and have been rewarded with an investment edge for their clients.

Bob has made guest appearances on CNBC, CNN, ABC, NBC and CBS and has been written about in the financial press. For the past two years, sponsored by BNP Paribas Investment Partners, he has traveled the world speaking to professional investors about the Low Volatility Anomaly and his research on inefficient markets. You can read Bob’s research results, views and innovative ideas in any of his books and articles.

Academic Career

Dr. Haugen received his PhD in Finance from the University of Illinois at Champagne-Urbana in 1969. In his 30 year teaching career, he held endowed chairs at:

•The University of Wisconsin at Madison (18 years)
•The University of Illinois at Champagne-Urbana (2 years)
•The University of California, Irvine (10 years)

He has also lectured at universities worldwide and presented papers at finance and investing conferences all over the world. In 1997 he ended his academic career to devote his full time efforts to Haugen Custom Financial Systems.