Dr. Herbert E. Phillips
Professor
Finance
Dr. Herbert E. Phillips is Professor of Finance at Temple University and associate editor of The International Review of Financial Analysis. Prior to his appointment at Temple University, he was a member of the faculty at the State University of New York at Buffalo. Dr. Phillips earned a BA at Western Washington State University and Ph.D. at the University of Washington. He was previously a SAGE computer systems analyst at System Development Corporation. Dr. Phillips is a frequent contributor to the finance literature, especially in the area of normative portfolio theory. He is co-author of a textbook on investments, but many of his writings are extremely critical of current investment theories and the general equilibrium assumptions upon which they which they are based. His recent monograph, Forty Years of Normative Portfolio Theory: Issues, Controversies, and Misconceptions, is a review and a critique of many now standard investment theories and approaches.
