Clemens Sialm is an Associate Professor of Finance and the Eleanor T. Mosle Fellow at the University of Texas in Austin. He is also a Research Associate in the Asset Pricing and the Public Economics Programs of the National Bureau of Economic Research (NBER). Sialm received a Ph.D. in Economics from Stanford University. He has taught at Stanford University, the University of Michigan, and the University of Texas at Austin. During the 2013-2014 academic year, he was the Mark and Sheila Wolfson Distinguished Visiting Associate Professor at the Stanford Institute for Economic Policy Research. Sialm's research interests are in the areas of investments, asset pricing, and taxation. He analyzes the investment strategies, the performance, and the behavior of institutional investors. Furthermore, he investigates the impact of the tax system on asset prices and portfolio decisions. His research has been published in the American Economic Review, the Journal of Finance, the Review of Financial Studies, the Journal of Public Economics, and the Journal of Financial and Quantitative Analysis, among others. He is an Associate Editor at the International Review of Finance, the Journal of Pension Economics and Finance, and Management Science. Sialm’s research has been frequently quoted in the Wall Street Journal, the New York Times, and the Economist.