John B. Lightstone, Ph.D.

President, Lightstone Capital

 

Dr. John Lightstone holds a B.A. degree in Natural Sciences from Cambridge University, a Ph.D. in Applied Physics from Harvard University, and a Ph.D. in Finance from New York University. He was a Fulbright Scholar.


Lightstone Capital has been a portfolio consultant for ten years for conventional unit trust strategies offered by the Van Kampen subsidiary of Morgan Stanley. Dr. Lightstone presented the paper “Using Quantitative Stock Selection to Offer Shariah-Compliant Strategies across All Equity Styles” to the Monetary and Capital Markets Department of the International Monetary Fund in June 2007. His paper on “Quantitative Methods of Stock Selection in the Construction and Testing of Shariah-Compliant Strategies” was published in the proceedings of the Fifth Harvard University Forum on Islamic Finance in April, 2002. He was co-author of “Volatile Exchange Rates can put Profits at Risk,” published in Harvard Business Review. He was formerly a Senior Vice President, Strategic Risk Management at SEI Corporation; a Vice President at Chemical Bank (now JPMorgan Chase) responsible for evaluating the risk of various bank products.


He had previously been Director, Financial Services at Union Carbide Corporation, after being a member of the Executive Staff, developing econometric models of individual businesses and working with operating management to identify consistent strategies. Before that, as a scientist, he had managed programs in welding, coal desulfurization, superconducting cable technology, cryometallurgy, heat transfer, oxygen chemistry, process engineering and solar energy.


Dr. Lightstone is currently a Senior Adjunct Professor of Finance at Pace University, NY. His areas of research include market inefficiencies, investment strategies, the usefulness of estimate revisions and earnings surprises in predicting stock returns, and the effect of socially responsible guidelines on investment performance. He is also CFO of a start-up company that has developed fusion technology to generate extraordinarily low cost electricity with no greenhouse gases or radioactive waste. The Company has also developed protection against the effects of EMP attacks and solar storms and novel solutions for environmental remediation.


He is on the Board of Directors of the Meals on Wheels of White Plains and other civic organizations.
Dr. Lightstone is married with two daughters.