Diamond Professor of Finance Interviewed by CreditDonkey
Oct. 8, 2020
Christopher Lamoureux, Diamond Professor of Finance in the Eller College of Management, was referenced in an October 5 CreditDonkey article on how to manage personal finances as well as where to invest funds for a greater return.
CreditDonkey asked a panel of industry professionals and experts, including Lamoureaux, various questions about when to invest, what to do for savers with a lot of cash but no investing experience, advice for first-time investors and more.
“The science and data suggest that it is almost impossible to ‘time’ the stock market so that an individual should ascertain the optimal asset allocation between major asset classes as a function of risk tolerance, and save steadily over time,” says Lamourex when discussing the question of whether or not to invest in a recession. “Optimal asset allocation and saving versus consumption decisions should not depend on the state of the economy or the market.”
Christopher Lamoureux joined the Eller College of Management in 1994 and was appointed the Diamond Professor of Finance in 2005. Previously, he taught at Washington University and Louisiana State University. He earned his PhD in Finance from Syracuse University in 1985. His area of expertise is in the analysis of financial markets.