David Hsieh
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David Arthur Hsieh (born August 1, 1953, in Hong Kong) is a professor of
finance Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of fina ...
at the
Duke University Duke University is a private research university in Durham, North Carolina. Founded by Methodists and Quakers in the present-day city of Trinity in 1838, the school moved to Durham in 1892. In 1924, tobacco and electric power industrialist James ...
Fuqua School of Business The Fuqua School of Business (pronounced ) is the business school of Duke University in Durham, North Carolina. It enrolls more than 1,300 students in degree-seeking programs. Duke Executive Education also offers non-degree business education and ...
. He has done extensive research on hedge funds and alternative
beta Beta (, ; uppercase , lowercase , or cursive ; grc, βῆτα, bē̂ta or ell, βήτα, víta) is the second letter of the Greek alphabet. In the system of Greek numerals, it has a value of 2. In Modern Greek, it represents the voiced labiod ...
, which includes dynamics of asset prices and their implications for
financial risk management Financial risk management is the practice of protecting economic value in a firm by using financial instruments to manage exposure to financial risk - principally operational risk, credit risk and market risk, with more specific variants as liste ...
and risk and return in hedge funds and commodity funds.


Early life

On August 1, 1953, Hsieh was born in Hong Kong. At 14, Hsieh immigrated from Hong Kong to the White Plains, New York, U.S. In 1972, Hsieh graduated from
Phillips Academy ("Not for Self") la, Finis Origine Pendet ("The End Depends Upon the Beginning") Youth From Every Quarter Knowledge and Goodness , address = 180 Main Street , city = Andover , state = Ma ...
, a university-prep school in Andover, Massachusetts
cum laude Latin honors are a system of Latin phrases used in some colleges and universities to indicate the level of distinction with which an academic degree has been earned. The system is primarily used in the United States. It is also used in some Sou ...
.


Education

In 1976 Hsieh graduated with a B.S. in Economics and Mathematics from Yale University with
Summa Cum Laude Latin honors are a system of Latin phrases used in some colleges and universities to indicate the level of distinction with which an academic degree has been earned. The system is primarily used in the United States. It is also used in some Sou ...
. Hsieh then spent a year working at the Federal Reserve Bank of New York before going to Massachusetts Institute of Technology for graduate school. In 1981, Hsieh earned a Ph.D in Economics from Massachusetts Institute of Technology.


Career

In 1981, Hsieh's teaching career began as an assistant professor at the University of Chicago Graduate School of Business. Hsieh is a professor at the
Fuqua School of Business The Fuqua School of Business (pronounced ) is the business school of Duke University in Durham, North Carolina. It enrolls more than 1,300 students in degree-seeking programs. Duke Executive Education also offers non-degree business education and ...
in
Duke University Duke University is a private research university in Durham, North Carolina. Founded by Methodists and Quakers in the present-day city of Trinity in 1838, the school moved to Durham in 1892. In 1924, tobacco and electric power industrialist James ...
in
Durham, North Carolina Durham ( ) is a city in the U.S. state of North Carolina and the county seat of Durham County, North Carolina, Durham County. Small portions of the city limits extend into Orange County, North Carolina, Orange County and Wake County, North Carol ...
. Hsieh has multiple research papers on Hedge funds I professional journals. Hsieh has been an editor of professional journals such as Management Science, Economics Letters, Journal of Empirical Finance, and Journal of Business and Economic Statistics. He is a guest speaker at approximately 80 different occasions. Hsieh has authored or co-authored over 50 different papers or books.


Awards

In 2002 Hsieh was awarded the Bank of America Faculty Award. Hsieh has received the CFA, Graham and Dodd Award of Excellence for the paper "Hedge Fund Benchmarks: A Risk-Based Approach", co-authored with William Fung and published in the ''Financial Analysts Journal'' in 2004; the Fischer Black Memorial Foundation and the 1999 Robert J. Schwartz Memorial Prize for the best paper on hedge funds.; the Smith Breeden First Prize for the best paper in the ''Journal of Finance'' for the article "Margin Regulation and Stock Market Volatility" joint with Merton H. Miller; and the Yale Science and Engineering Association High Scholarship Award, a college award for the highest class standing after 7 semesters.


References


External links


David Hsieh's Curriculum Vitae"David A. Hsieh."
Duke Faculty Profile. 2010. Retrieved Dec. 12, 2010.


Interviews

*''Plan Sponsor Magazine'', Jul-Aug 1998, Q&A: Hedging for Diversification, by Gregory J. Millman. *''Business Leader'', January 2006, "Hedge Funds: Investing's Best Kept Secret," by Brad Wyckoff. *''Barron's'', March 27, 2006. "Anyone Here Seen Alpha?" by Jack Willoughby. {{DEFAULTSORT:Hsieh, David Living people 1953 births Hong Kong emigrants to the United States Duke University faculty People from White Plains, New York MIT School of Humanities, Arts, and Social Sciences alumni Yale University alumni University of Chicago faculty American people of Chinese descent