Raised on a cattle ranch in Colorado and having spent part of his youth in Northern California,[1][2] Gray graduated magna cum laude from the Wharton School of the University of Pennsylvania with a Bachelor of Science degree in economics in 2002.
[6] In 2006, Marine lieutenant Gray served on a Military Transition Team in Haditha, Iraq as part of Operation Iraqi Freedom.
There he served as an embedded officer providing advice, mentoring and support to the Iraqi in place of U.S. Special Forces who were spread too thin to perform the task.
[11] In December 2012, Gray and co-author Tobias Carlisle had QUANTITATIVE VALUE: A Practitioner's Guide to Automating Intelligent Investment and Eliminating Behavioral Errors published by John Wiley & Sons.
[4] He has stated that as of November 2014[update], his Alpha Architect financial services company managed $200 million in assets and employed 10 full-time employees.