Noah Stoffman
Professor of Finance
Gregg T. and Judith A. Summerville Chair
Chair, Doctoral Programs
Kelley School of Business, Indiana University
     +1 (812) 856-5664

Curriculum Vitae



  1. Small Innovators: No Risk, No Return (with Michael Woeppel and Deniz Yavuz). Journal of Accounting and Economics, 2022. [SSRN]
  2. Unlocking Clients: The Importance of Relationships in the Financial Advisory Industry (with Umit Gurun and Scott Yonker). Journal of Financial Economics, 2021. [SSRN]
  3. Friends with Bankruptcy Protection Benefits (with Kristoph Kleiner and Scott Yonker). Journal of Financial Economics, 2021. [SSRN]
  4. Left Behind: Creative Destruction, Inequality, and the Stock Market (with Leonid Kogan and Dimitris Papanikolaou). Journal of Political Economy, 2020. [SSRN]
  5. Do Shocks to Personal Wealth Affect Risk Taking in Delegated Portfolios? (with Veronika Pool, Scott Yonker, and Hanjiang Zhang). Review of Financial Studies, 2019. [SSRN]
  6. Trust Busting: The Effect of Fraud on Investor Behavior (with Umit Gurun and Scott Yonker). Review of Financial Studies, 2018. [SSRN]
  7. Technological Innovation, Resource Allocation and Growth (with Leonid Kogan, Dimitris Papanikolaou, and Amit Seru). Quarterly Journal of Economics, 2017. [SSRN] [Code and Data]
  8. The People in Your Neighborhood: Social Interactions and Mutual Fund Portfolios (with Veronika Pool and Scott Yonker). Journal of Finance, 2015. [SSRN] [Web appendix]
  9. Who Trades With Whom? Individuals, Institutions, and Returns. Journal of Financial Markets, 2014. [SSRN]
  10. No Place Like Home: Familiarity in Mutual Fund Manager Portfolio Choice (with Veronika Pool and Scott Yonker). Review of Financial Studies, 2012. [SSRN] [Web appendix]
  11. Learning By Trading (with Amit Seru and Tyler Shumway). Review of Financial Studies, 2010. [SSRN]

Code and Data

“He was one of those deep ones who know about stocks and shares. Of course no one really knows, but he quite seemed to know, and he often said stocks were up and shares were down in a way that would have made any woman respect him.”
—J. M. Barrie, Peter Pan

The two greatest inventions of the human mind are writing and money—the common language of intelligence, and the common language of self-interest.
Victor Riqueti, marquis de Mirabeau