Guofu Zhou

Guofu Zhou

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Guofu Zhou joined Washington University in 1990 and has been teaching and conducting research at the Olin Business School ever since. He has been consistent in good teaching and won MBA Teacher of the Year in 1997.

Area of Expertise

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Econometrics, Asset Pricing, Finance/Investments, Financial Economics, International Finance, Option Pricing

Education

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• Ph D 1990, Duke University
• MA 1987, Duke University
• MS 1985, Academia Sinica
• BS 1982, Chengdu College of Geology

Academic/Professional Activities

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• Other, International Journal of Portfolio Analysis & Management
• Other, Annals of Economics & Finance
• Other, Journal of Portfolio Management
• Other, Journal of Financial & Quantitative Analysis

Awards/Honors

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• Reid Teaching Award, Washington University, 2020
• Best Paper Award, Institute for Quantitative Investment Research UK and Europe, 2019
• Reid Teaching Award, Washington University, 2019
• Reid Teaching Award, Washington University, 2018
• CFA Best Paper Award, FMA Asia/Pacific Conference , 2017
• Reid Teaching Award, Washington University, 2014
• Best Paper Award, The Chinese Finance Association, 2010
• Reid Teaching Award, Washington University, 2010
• MBA Teacher of the Year, Washington University, 1997

Teaching Interests

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Finance/Investments - Investment/Security Pricing/Portfolio Theory; Finance/Investments - Option Pricing; Statistics/Econometrics

Research Interests

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Investment strategies, big data, machine learning, forecasting, technical analysis, asset allocation, anomalies, asymmetric information, asset pricing tests and econometric methods

Personal Interests

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Professor Zhou's personal interests are reading history and philosophy, playing chess, and lifting weights.

Selected Publications

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• "Manager Sentiment and Stock Returns", Journal of Financial Economics, Issue 1, 126-149, with Fuwei Jiang, Joshua Lee, Xiumin Martin, 2019
• "Short Interest and Aggregate Stock Returns", Journal of Financial Economics, Issue 1, 46-65, with David Rapach, Matthew Ringgenberg, 2016
• "A Trend Factor: Any Economic Gains from Using Information Over Investment Horizons?", Journal of Financial Economics, Issue 2, 352-375, 2016
• "Forecasting the Equity Risk Premium: The Role of Technical Indicators", Management Science, Issue 7, 1772-1791, with David Rapach, Christopher Neely, Jun Tu, 2014
• "International Stock Return Predictability: What is the Role of the United States? ", Journal of Finance, Issue 4, 1633-1662, with David Rapach, Jack Strauss, 2013
• "International Stock Return Predictability: What is the Role of the United States?", Journal of Finance, Issue 4, 1633-1662, with David Rapach, Jack Strauss, 2013
• "Markowitz Meets Talmud: A Combination of Sophisticated and Naive Diversification Strategies", Journal of Financial Economics, 204-215, with Jun Tu, 2011
• "Out-of-Sample Equity Premium Prediction: Combination Forecasts and Links to Real Economy", Review of Financial Studies, Issue 2, 821-862, with David Rapach, Jack Strauss, 2010
• "Out-of-Sample Equity Premium Prediction: Combination Forecasts and Links to the Real Economy", Review of Financial Studies, 821-862, with David Rapach, Jack Strauss, 2010
• "Limited Participation and Consumption-Saving Puzzles: A Simple Explanation and the Role of Insurance", Journal of Financial Economics, Issue 2, 331-344, with Todd Gormley, Hong Liu, 2010