Gordon Phillips is the Laurence F. Whittemore Professor of Business Administration and a professor of finance at the Tuck School of Business. He is also a research associate at the National Bureau of Economic Research (NBER) and a visiting research professor at Tsinghua University in Beijing and UNSW in Sydney. He received his MA and Ph.D. from Harvard University and his undergraduate degree from Northwestern University. He previously taught at the University of Southern California and the