William Goetzmann is the Edwin J. Beinecke Professor of Finance and Management Studies and the Director of the International Center for Finance at the Yale School of Management, where he has been since 1994. He has taught investments, real estate and financial history among other classes. From 1990 to 1994 he taught investments and real estate at Columbia Business School.
Goetzmann is an expert on a diverse range of assets, including stocks, bonds, mutual funds, hedge funds, real estate and art. His research topics include asset pricing, the equity risk premium, arbitrage strategies, selecting investment managers, global investing and financial history. His work has been featured in most of the major financial news publications and his academic research has been published in all of the major academic finance journals.
His published books include: The Origins of Value: The Financial Innovations that Created the Modern Financial Markets (Oxford, 2005), The Equity Risk Premium: Essays and Explorations with Roger Ibbotson. (Oxford, 2006), Modern Portfolio Theory and Investment Analysis, with Elton, Gruber & Brown, (John Wiley and Sons, 2006 and following) and The West of the Imagination, with W.H. Goetzmann, (Oklahoma, 1986 & 2009). His most recent edited volume is The Great Mirror of Folly, Finance, Culture, and the Crash of 1720 (Yale University Press, 2013).
His current work focuses on endowments, financial history, operational risk, securitization, credit risk and behavioral finance.