# David Darst

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'''David Martin Darst''' is an American [financier](/source/financier), educator, author, and triathlete.  Following his 25 years at [Goldman Sachs](/source/Goldman_Sachs) in New York and Zurich, for 17 years, he was a Managing Director and Chief Investment Strategist of [Morgan Stanley Wealth Management](/source/Morgan_Stanley_Wealth_Management), where he served as Vice Chairman of the Morgan Stanley Wealth Management Global Investment Committee. He was the founding President of the Morgan Stanley Investment Group, and the founding Chairman of the Morgan Stanley Asset Allocation Committee. He has also served as an independent Senior Advisor to and a member of the Morgan Stanley Wealth Management Global Investment Committee.

==Early life==
Darst was born in [Knoxville, Tennessee](/source/Knoxville%2C_Tennessee), the third of five sons born to Guy Bewley Darst and Susan Mary McGinnis Darst. Darst attended [Father Ryan High School](/source/Father_Ryan_High_School) in [Nashville, TN](/source/Nashville%2C_Tennessee) and earned a high school diploma from [Phillips Exeter Academy](/source/Phillips_Exeter_Academy), a BA degree in [Economics](/source/Economics) from [Yale University](/source/Yale_University), and an [MBA](/source/MBA) from [Harvard Business School](/source/Harvard_Business_School).

==Lecturing and professional associations==
Darst has lectured at [Wharton](/source/Wharton_School_of_the_University_of_Pennsylvania), [Columbia University](/source/Columbia_University), [INSEAD](/source/INSEAD), [New York University](/source/New_York_University), [Washington State University](/source/Washington_State_University), and [Rice University](/source/Rice_University) business schools, and for nine years, Darst served as a visiting faculty member at [Yale College](/source/Yale_College), [Yale School of Management](/source/Yale_School_of_Management), and [Harvard Business School](/source/Harvard_Business_School). He serves on the Investment Committee of the [Phi Beta Kappa](/source/Phi_Beta_Kappa) Foundation, and is a CFA Charterholder and a member of the New York Society of Security Analysts and the [CFA Institute](/source/CFA_Institute). On November 3, 2011 at the [Metropolitan Club](/source/Metropolitan_Club_(New_York_City)) in New York, Darst was inducted by [Quinnipiac University](/source/Quinnipiac_University) into their Business Leaders Hall of Fame.

==Media appearances and publications==
Darst has appeared frequently on [CNBC](/source/CNBC), [Bloomberg Television](/source/Bloomberg_Television), [PBS](/source/PBS), and [Fox Business](/source/Fox_Business), and has been profiled and/or quoted by ''[The New York Times](/source/The_New_York_Times)'',<ref>[https://www.nytimes.com/2004/03/21/business/investing-time-for-optimism-pessimism-pick-your-gauge.html "Time for Optimism? Pessimism? Pick Your Gauge"], by Jonathan Fuerbringer, ''The New York Times'', March 21, 2004</ref><ref>[https://www.nytimes.com/2007/05/06/business/yourmoney/06diver.html "Oops, It May Be Time to Rebalance that Portfolio"], by J. Alex Tarquinio, ''The New York Times'', May 6, 2007</ref><ref>[https://www.nytimes.com/2009/10/29/your-money/stocks-and-bonds/29FUND.html?dbk "Exotic Bets to Hedge a Portfolio"], by J. Alex Tarquinio, ''The New York Times'', October 29, 2009</ref><ref>[https://www.nytimes.com/2009/10/29/your-money/stocks-and-bonds/29INFLATE.html "Foreign Bonds Provide Buffer if Dollar Declines"], by J. Alex Tarquinio, ''The New York Times'', October 29, 2009</ref> ''[The Wall Street Journal](/source/The_Wall_Street_Journal)'',<ref>[https://www.wsj.com/articles/SB113396967739716251 "Into the Breach"], by Glenn Ruffenach, ''The Wall Street Journal'', December 12, 2005</ref> ''[Financial Times](/source/Financial_Times)'',<ref>"Learn to Connect the Dots in 2005", by David Wells, ''Financial Times'', January 11, 2005</ref> ''[Barron's](/source/Barron's_(newspaper))'',<ref>"Safety First", by Karen Hube, ''Barron's'', September 15, 2008</ref><ref>"Barron's Winner's Circle: Multiyear Rally is Forecast", by Lawrence C. Strauss, ''Barron's'', September 28, 2009</ref> ''[Worth](/source/Worth_(magazine))'' magazine,<ref>"The Outlook for Climate Change Investment", by Eileen P. Gunn, ''Worth'' August 2007</ref> and the ''Yale Economic Review''.<ref>"Interview with David Darst", by Ben Gifford, ''Yale Economic Review'' Winter/Spring 2011</ref>
Darst has also been an occasional contributor of articles to ''[Forbes.com](/source/Forbes.com)''.<ref>"U.S. Investors Looking Abroad Should Look to Canada", [http://forbes.com Forbes.com]: March 1, 2010</ref>

==Books==
* ''The Complete Bond Book'' (McGraw-Hill {{ISBN|0-07-017390-7}})
* ''The Handbook of the Bond and Money Markets'' (McGraw-Hill {{ISBN|0-07-015401-5}})
* ''The Art of Asset Allocation'' (McGraw-Hill {{ISBN|0-07-137950-9}})
* ''The Art of Asset Allocation'', Second Edition, (McGraw-Hill {{ISBN|0-07-159294-6}})
* ''Mastering the Art of Asset Allocation'' (McGraw-Hill {{ISBN|0-07-146334-8}})
* ''Benjamin Graham on Investing'' (McGraw-Hill {{ISBN|978-0-07-162142-7}})
* ''The Little Book that Saves Your Assets'' (John Wiley {{ISBN|978-0-470-25004-4}}; a bestseller in ''The New York Times'' and ''Business Week'' weekly rankings)
* ''The Little Book that STILL Saves Your Assets'' (John Wiley {{ISBN|978-1-118-42352-3}})
* ''Voyager 3: Fifty-four Phases of Feeling'' (Seapoint Books {{ISBN|978-0-9830622-2-6}})
* ''Portfolio Investment Opportunities in Managed Futures'' (John Wiley {{ISBN|978-1-118-50294-5}})
* ''Portfolio Investment Opportunities in China'' (John Wiley {{ISBN|978-1-118-50296-9}})
* ''Portfolio Investment Opportunities in Precious Metals'' (John Wiley {{ISBN|978-1-118-50303-4}})
* ''Portfolio Investment Opportunities in India'' (John Wiley {{ISBN|978-1-118-82425-2}})
* ''Flim-Flam Flora'' (Seapoint Books {{ISBN|978-0-9973920-2-9}})
* ''Questioning Quentin'' (Seapoint Books {{ISBN|978-0-9985565-4-3}})

== References ==
{{Reflist}}

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{{DEFAULTSORT:Darst, David M.}}
Category:1947 births
Category:Living people
Category:People from Nashville, Tennessee
Category:Phillips Exeter Academy alumni
Category:Yale College alumni
Category:Harvard Business School alumni
Category:American financial analysts
Category:CFA charterholders
Category:Quinnipiac University people
Category:Directors of Morgan Stanley

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Adapted from the Wikipedia article [David Darst](https://en.wikipedia.org/wiki/David_Darst) by Wikipedia contributors ([contributor history](https://en.wikipedia.org/wiki/David_Darst?action=history)). Available under [Creative Commons Attribution-ShareAlike 4.0 International](https://creativecommons.org/licenses/by-sa/4.0/). Changes may have been made.
