Larry’s currently a professor of finance at Cal Poly, San Luis Obispo, California. The student vote has made him the Most Outstanding Finance Professor for 11 consecutive years. You’ll see Larry in in the Accounting Foundations and Finance Foundations videos
He grew up in a family of professional poker players, commercial fishermen, engineers, teachers, and entrepreneurs. Starting at age 16, he spent nine seasons as a commercial fisherman in Alaska’s Bering Sea giving him a keen interest in risk management!
This was followed by work as a mechanical field engineer (throughout central and western US); as financial advisor; as risk management consultant; and as an entrepreneur. He’s also been a visiting professor at the Sasin School in Bangkok, Thailand for 15 years, and has taught corporate finance and international finance at the University of Arizona, the Kellogg School at Northwestern University, the Wharton School at the University of Pennsylvania and the International School of Management in Paris, France.
He has published 15 academic papers in finance, and is a pioneer in the development of Cross-Sectional Volatility – which was recently adopted and is currently promoted by Russell Investments under the trademark Cross-Vol©.
Since 2007 Professor Gorman has been a member of Cal Poly’s Investment Oversight Committee where he helps to manage the University’s $200 million endowment. He is the exclusive in-house finance trainer to Apple and is nearing completion of an innovative textbook titled Mastering the Fundamentals of Finance: Building Skills and Intuition.
His most recent entrepreneurial endeavor is aimed at improving finance education worldwide (University of Finance). Related to this, he has two patents-pending. Professor Gorman holds a Ph.D. in finance from Northwestern University, an MBA from Western Washington University, and a B.S. in mechanical engineering from Washington State University. An avid fisherman and scuba diver, he currently lives on a 41′ boat in Morro Bay, California.