Victor Haghani

Victor Haghani

Formal First Name
1962 - present

Victor Haghani is Founder and Chief Investment Officer of Elm Partners, a research-driven wealth advisor and manager, and is known for his expertise in asset allocation and decision-making under uncertainty. He established the investment company in 2011 aiming to help himself and his friends manage their savings in an efficient and disciplined manner. Haghani has spent more than 40 years actively involved in markets and financial innovation. He has also been a prolific contributor to the academic and practitioner finance literature. Since 2006, his research has focused on asset allocation and low-cost wealth management strategies. In 1993, he co-founded Long-Term Capital Management with seven other founding members. He also lectured at the London School of Economics as a senior research assistant in the Financial Markets Group.

Professional Experience

Academic History


  • LTCM initially achieved remarkable success, but it suffered significant losses in 1998 due to the Russian financial crisis.

  • His participation in the failure of LTCM was a life-changing experience that led him to question and revise much of the way he thought about the economy, markets, and investing



  • Haghani is a regular contributor to financial publications and a frequent speaker at conferences.

  • In his TEDx talk "Where Are All the Billionaires and Why Should We Care?," he shares his unique perspective on active versus passive investing.

  • He has been featured or interviewed in publications such as Bloomberg, The Financial Times, Yahoo! Finance, and more.

  • He has appeared as a guest on Real Vision.