Charles G. Callard

Charles "Chuck" Gordon Callard (2 June 1923 – 1 May 2004) was a prominent figure in the financial community due to his innovative application of mathematics and statistics to stock analysis.

Born in Lansing, Michigan, he was a Corsair fighter pilot on an aircraft carrier while serving in the United States Navy during World War II.

After his military service, Callard earned his MBA at the University of Chicago Graduate School of Business in 1943.

Callard was the first in the inflationary 1970s to adjust standard accounting data so that they would conform with the financial concepts then being developed at the Graduate School of Business.

The cost of capital for individual firms was affected by the levels and the rates of growth of their anticipated profits and by the variability of their cash flows.