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The Aspirational Investor


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About the Author

Ashvin B. Chhabra is the chief investment officer of Merrill Lynch Wealth Management, Bank of America. Merrill Lynch is one of the world's largest brokerage and wealth management firms, with over $2 trillion in client balances. Prior to his current position, he was chief investment officer at the Institute of Advanced Study in Princeton, New Jersey. He is widely recognized as one of the founders of goals-based wealth management and for his seminal work "Beyond Markowitz," which integrates modern portfolio theory with behavioral finance. Ashvin grew up in New Delhi and received his PhD in applied physics, in the field of chaos theory, from Yale University, where he also met his Italian-born wife, Daniela Bonafede-Chhabra. He resides in Princeton with his wife, their daughter, Maya, and son, Sasha.


"In this engaging, accessible, and hugely insightful book, Chhabra shows individual investors how to structure investments to match three separate goals: to protect, sustain, and enhance their way of life in unique circumstances."--Charles D. Ellis, Founder, Greenwich Associates & author of Winning the Loser's Game
"The Aspirational Investor is a most-readable popular presentation of investment theory and practice in general, as well as an account of Dr. Chhabra's own influential contributions."--Harry M. Markowitz, Nobel Laureate 1990, Economics
"In this valuable guide, Ashvin Chhabra teaches individuals how to focus on their key financial goals and shows them how to be better investors."--Burton G. Malkiel, author of A Random Walk Down Wall Street
"In this astute business manual, Chhabra, chief investment officer of Merrill Lynch Wealth Management, urges readers to focus not on beating the market, but on evaluating personal goals and dreams, and formulating ways to reach them."--Publishers Weekly
"Ashvin Chhabra is one of the smartest and wisest investment experts I know. This book explains how to break down a seemingly very complex problem-how we should invest our money-into manageable steps. I recommend it highly."--Eric Maskin, Adams University Professor, Harvard University; Nobel Laureate in Economics (2007)

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