I am a sixth-year PhD student in Finance at the London School of Economics.

My research interests include asset pricing, behavioral finance, and derivatives.

Research

• Variance Misperception and Biased Beliefs

  Abstract

  Draft coming soon.

• Option Prices, Analyst Expectations, and Stock Returns
  with Ian Martin, Christian Wagner, and Moritz Rodenkirchen

  Abstract

  Movements in stock prices are hard to forecast, and hard to explain even in hindsight. We show that OIRet, an option-implied measure of expected returns with no free parameters, outperforms predictions based on analysts’ expectations, in and out of sample, at horizons from one to 12 months. OIRet and shocks to OIRet also play a major role in explaining stock returns ex post: relative to explanations based on shocks to analysts’ cash-flow expectations alone, they raise the explained share of realized returns from 17% to 33% at the 12-month horizon, and from 1.1% to 22% at the 1-month horizon.

Teaching

Awards: LSE Class Teacher Award, 2024–2025

Courses:

• FM436: Financial Economics (Postgraduate, 2024–2027, latest teaching evaluation)
• FM413: Fixed Income Markets (Postgraduate, 2025–2026)
• FM423E: Asset Markets (Postgraduate, 2023–2025)
• FM225: Fixed Income Securities, Debt Markets and the Macro Economy (Summer School, 2022, 2024)
• FM212: Principles of Finance (Undergraduate, 2022–2023)