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David Shulman
Senior Economist
UCLA Anderson Forecast
UCLA Anderson School of Management
110 Westwood Plaza, Gold Hall, B302
Los Angeles, CA 90095-1481
Fax: 908.295.6121
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David Shulman is currently managing member of his own LLC and engages in educational
and charitable activities, including being a Distinguished Visiting Professor at Baruch College and a
Visiting Professor at the University of Wisconsin. Dr. Shulman is currently a member of NAREIT’s Real
Estate Investment Advisory Council. He blogs at Shulmaven.blogspot.com. Shulman received a bachelor’s
degree from Baruch College in 1965, an MBA in 1966 from the Graduate School of Management at UCLA; and
his Ph.D. in 1975 with a specialization in Finance.
From 1986 to 1997, Dr. Shulman was employed by Salomon Brothers Inc. in various capacities. He was
their director of real estate research from 1987 to 1991 and became Chief Equity Strategist from 1992
to 1997. As Chief Equity Strategist, he was responsible for developing the firms overall equity market
view and maintaining their list of recommended stocks. Dr. Shulman was widely quoted in print and
electronic media and he coined the terms “Goldilocks Economy” and “New Paradigm Economy.”
In 1991, he was named a Managing Director; and in 1990, he won the First Annual Graaskamp Award for
Excellence in real estate research from the Pension Real Estate Association.
In March 2005, Dr. Shulman retired from Lehman Brothers, where he was Managing Director and head Real
Estate Investment Trust Analyst.Before joining Lehman Brothers in 2000, he was a member and Senior Vice
President at Ulysses Management LLC from 1998-1999, an Investment Manager of a private investment
partnership and an offshore corporation, whose investment capital approximated $1 billion at the end of
1999.
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