Robert Ibbotson in 2007 (AP Photo/Douglas Healey)

The great thing about Roger Ibbotson is that he’s not just a researcher, he is a practitioner. He was one of the original academic quants, but only after he figured out how to make a lot of money in the stock market.

That gives him a unique perspective, and one that should be instructive to the rest of us. (You can read about Ibbotson’s early ventures into the stock market and his veteran insights in “Exclusive Interview: Academic Icon Roger Ibbotson says Rush to Regulate Inhibits Competitiveness,”, July 21, 2015).

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