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He taught economics for many years as an adjunct professor on the Graduate Faculty of the New School for Social Research in New York. He was also elected to Phi Beta Kappa.Īfter serving as a member of the research staff at the Federal Reserve Bank of New York and in a civilian capacity at the Office of Strategic Services in Washington, he joined the armed services and rose to the rank of captain in the Air Force in World War II, assigned to the Office of Strategic Services in the European theater. Peter graduated from Harvard College with a degree in economics, magna cum laude. He lectures widely throughout the United States and abroad on risk management, asset allocation, portfolio strategy, and market history. He has contributed to collections of articles published by Perseus and FT Mastering, among others He is the author of nine books in economics and finance plus countless articles in professional journals such as The Harvard Business Review and the Financial Analysts Journal, and in the popular press, including The New York Times, The Wall Street Journal, Worth Magazine, and Bloomberg publications. He served for many years on the Visiting Committee to the Economics Department at Harvard University, as a Trustee and member of the Finance Committee of the College Retirement Equities Fund (CREF), and as a Trustee of the Investment Management Workshop sponsored by the Association for Investment Management & Research’(AIMR). He is now Consulting Editor of the Journal. Peter was the first Editor of The Journal of Portfolio Management in 1974, a widely-read scholarly journal for investment managers and academics in the field of finance and investments. The assets under management at the firm had grown more than tenfold by the time he resigned in 1973 to launch Peter L. In 1951, after teaching economics at Williams College and a five-year stint in commercial banking, Peter became Chief Executive of a nationally–known investment counsel firm, where he personally managed billions of dollars of individual and institutional portfolios.

Bernstein, Inc., which he established in 1973 as economic consultants to institutional investors and corporations around the world.