Biography
Gary C. Sanger is a distinguished professor of finance at Louisiana State University. He received a BSIM degree with honors in economics from Purdue University in 1973 and a Ph.D. in finance from Purdue University in 1980. Dr. Sanger also holds the Chartered Financial Analyst (CFA) designation. Prior to joining LSU, he was assistant professor of finance at Ohio State University. At LSU, Dr. Sanger has served as associate dean for academic programs and chair of the department of finance. His research has been published in leading academic journals, including the Journal of Finance, the Journal of Financial and Quantitative Analysis, the Review of Financial Studies, and the Financial Analysts Journal. Dr. Sanger is a member of the American Finance Association, the Financial Management Association, the Society for Financial Studies, and CFA Institute. He is a member and past director of the Southern Finance Association.
Diversification is an important, but often misunderstood, concept in investment management.