a star professor at CBS, took a keen interest in Value Investing. He found the overwhelming success of Value investors difficult to dismiss. At the same time, reliable data that fortified Value Investing was solidifying, while MPT was showing some flaws. Professor Greenwald invigorated the academic aspects of what many in ivory towers erstwhile treated as a vocational discipline. MPT pundits argue that the Warren Buffett's long-term record is a statistical three- to five-sigma event—that is, his success is probable, but not replicable with certainty. Yet the success of numerous other investment funds and practitioners who applied value investing theories weakened assertions attributing success to chance. Because Value Investing rejects MPT and its use of sophisticated statistics, there's irony when MPT theorists attribute its success to tails of standard deviation. Bruce Greenwald overhauled and relaunched the Value Investing curriculum at Columbia in the spring of 1994. Today, Value Investing enjoys broad appeal among academicians and investors around the world. Professor Greenwald is the Robert Heilbrunn Professor of Finance and Asset Management at Columbia University's Graduate School of Business. Personal life On August 9, 1924, he married Elsie Marguerite Firor (b. Mar 22, 1898 — d. 22 June 2001). David Dodd died September 18, 1988, aged 93, of respiratory failure at Maine Medical Center, Portland, Maine. At the time he was living on Chebeague Island, Maine in Casco Bay. His daughter, Barbara Dodd Anderson (1932–2010) lived in Northern California and was a benefactor of the Heilbrunn Center for Graham and Dodd Investing. Bibliography Benjamin Graham & David Dodd (2008) Security Analysis: Sixth Edition, Foreword by Warren Buffett, McGraw-Hill Professional. David LeFevre Dodd, Stock Watering: the judicial valuation of property for stock-issue purposes (January 1, 1930), Columbia University Press References 1895 births 1988 deaths 20th-century American economists American economics writers American male non-fiction writers American finance and investment writers American financial analysts American investors American money managers American stock traders Columbia Business School faculty Columbia University alumni Educators from West Virginia People from Berkeley County, West Virginia Writers from Portland, Maine Stock and commodity market managers University of Pennsylvania alumni Economists from Maine Economists from West Virginia 20th-century American male writers