Professor William F. Sharpe is the STANCO 25 Professor of Finance, Emeritus at Stanford University's Graduate School of Business. He joined the Stanford faculty in 1970, having previously taught at the University of Washington and the University of California at Irvine. In 1996, he co-founded Financial Engines, a firm that provides investment management and advice for individuals in employer-sponsored retirement plans. He currently serves on its board.
He was one of the originators of the Capital Asset Pricing Model, developed the Sharpe Ratio for investment performance analysis, the binomial method for the valuation of options, the gradient method for asset allocation optimization, and returns-based style analysis for evaluating the style and performance of investment funds.
Professor Sharpe has published articles in a number of professional journals and written seven books, including Portfolio Theory and Capital Markets (McGraw-Hill, 1970 and 2000), Asset Allocation Tools (Scientific Press, 1987), Fundamentals of Investments (with Gordon J. Alexander and Jeffrey Bailey, Prentice-Hall, 2000), Investments (with Gordon J. Alexander and Jeffrey Bailey, Prentice-Hall, 1999) and Investors and Markets: Portfolio Choices, Asset Prices and Investment Advice (Princeton University Press, 2007).
Professor Sharpe is past President of the American Finance Association. In 1990 he received the Nobel Memorial Prize in Economic Sciences with Harry M. Markowitz and Merton H. Miller "for their pioneering work in the theory of financial economics".
He received his Ph.D., M.A. and B.A. in Economics from the University of California at Los Angeles. He is also the recipient of a Doctor of Humane Letters, Honoris Causa from DePaul University, a Doctor Honoris Causa from the University of Alicante (Spain), a Doctor Honoris Causa from the University of Vienna (Austria), a Doctor of Science, Economics, Honoris Causa from London Business School and the UCLA Medal, UCLA's highest honour.
From 1999 to 2002, Professor Sharpe was a Special Advisor to the Hong Kong Council of Advisors on Innovation and Technology. He is currently associated with two companies in the Cha Group, having served as a Director of C.M. Capital Corporation since 1999 and a Special Advisor to the Mingly Corporation since 2001.