Thomas Cover, the K.T. Li Professor of Engineering at Stanford, does research in information theory, communication theory and statistics, and is the coauthor of the textbook, Elements of Information Theory. He was Lab Director of the Information Systems Laboratory in Electrical Engineering from 1989 to 1996. He has been the contract statistician for the California State Lottery and a consultant to AT&T Laboratories and IBM. He received the 1990 Claude E. Shannon Award in information theory and has also received the IEEE Neural Network Council's Pioneer Award in 1993 for his work on the capacity of neural nets. He received the 1997 IEEE Richard M. Hamming medal for contributions to information, communication theory and statistics and is a member of the National Academy of Engineering and the American Academy of Arts and Sciences. He is currently working on network information theory and the interplay between information theory and investment.