Portfolio Investment - Publications - Faculty & Research

25 Jul 2006
First Look

First Look: July 25, 2006

Authors:Jakub Wojciech Jurek and Luis M. Viceira Revised Working Paper Author's Abstract We develop an analytical solution to the dynamic portfolio choice problem of an investor with power utility defined over wealth at a finite horizon... View Details

Keywords: Sean Silverthorne

21 Aug 2000
Research & Ideas

Faculty Research Looks to Latin America

particular social welfare decisions. Current research: "Is Brazil on the Path of Sustainable Growth and Development?" Laura Alfaro Alfaro: "I want to look at competition for foreign direct investment through the eyes on... View Details

Keywords: by Martha Lagace

20 May 2008
First Look

First Look: May 20, 2008

labor materially alters pre-retirement portfolio choice by significantly raising optimal equity holdings. Using this model, we also investigate the welfare costs of constraining portfolio allocations over... View Details

Keywords: Martha Lagace

13 Mar 2012
First Look

First Look: March 13

regulation. In this paper, we argue that the considerable moral hazard associated with private regulatory monitoring can be mitigated by understanding conflicts of interest in the monitoring organizations' product/service portfolios and... View Details

Keywords: Sean Silverthorne

25 Apr 2005
Research & Ideas

New Learning at American Home Products

penicillin for Canada's armed forces, provided American Home Products with a learning base in the antibiotic revolution at its very beginning. Early in the postwar era, American Home Products moved out of chemicals but continued to expand its other lines, both by... View Details

Keywords: by Alfred D. Chandler Jr.; Chemical; Health; Manufacturing; Pharmaceutical

July 2025
Teaching Note

Silicon Valley Bank: Gone in 36 Hours

By: Jung Koo Kang, Krishna G. Palepu and Charles C.Y. Wang

Teaching Note for HBS Case No. 125-094. View Details

Keywords: Accounting Standards; Bank Runs; Financial Accounting; Financial Reporting; Social Media; Banks and Banking; Financing and Loans; Investment Portfolio; Interest Rates; Debt Securities; Risk and Uncertainty; Financial Statements; Risk Management; Financial Services Industry; United States

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05 Apr 2016
First Look

April 5, 2016

the recent launch of his new, $6 billion closed-end vehicle, Pershing Square Holdings, as well as the firm's lengthening investment horizon. Although always activist in nature, Ackman and his fund had in recent years become substantively... View Details

Keywords: Sean Silverthlorne

19 Sep 2012
Research & Ideas

Book Excerpt: “The Architecture of Innovation”

venture investors are not needed. For most of its history, Intel's fund has emphasized making passive investments in a wide variety of companies in selected categories, analogous to a mutual fund following an index fund approach. Such a... View Details

Keywords: by Josh Lerner; Financial Services

26 Jun 2009
Research Event

Business Summit: Business and the Environment

Managing Partner, Generation Investment ManagementJames McCarthy, Harvard University faculty These experts shared their perspectives on global climate change. Professor McCarthy discussed scientific findings; Blood provided an investor's... View Details

Keywords: Re: Forest L. Reinhardt; Energy; Utilities

05 Aug 2008
First Look

First Look: August 5, 2008

virtuous cycles of exploitation and exploration by deliberately perturbing their own processes. We provide illustrations from Toyota and formulate testable hypotheses about the mechanisms of perturbation. Download the paper: http://www.hbs.edu/research/pdf/09-011.pdf... View Details

Keywords: Martha Lagace

January 2004 (Revised June 2004)
Case

Innovation at the Treasury: Treasury Inflation-Protection Securities (A)

By: Kenneth A. Froot, Peter A. Hecht and Christopher Edward James Payton

In 1997, the U.S. Treasury was deciding whether to proceed with a proposal to issue inflation-indexed bonds. This case explores the challenges facing innovation in the financial markets as the Treasury tries to determine whether to introduce Treasury... View Details

Keywords: Inflation; Innovation; Federal Government; Securities; Debt Securities; Risk Management; Bonds; Investment Portfolio; Capital Markets; Inflation and Deflation; Government and Politics; Innovation and Invention; United States

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10 May 2011
First Look

First Look: May 10

menu. We illustrate this result empirically in the context of 401(k) plans, where we show a negative relation between the number of investment choices in a 401(k) plan and the quality of the optimal View Details

Keywords: Sean Silverthorne

26 Jun 2007
First Look

First Look: June 26, 2007

Working PapersTaxes, Institutions and Foreign Diversification Opportunities Authors:Mihir A. Desai and Dhammika Dharmapala Abstract Investors can access foreign diversification opportunities through either foreign portfolio View Details

Keywords: Martha Lagace

29 May 2018
First Look

New Research and Ideas, May 29, 2018

growth, while different across regions, are non-linear and asymmetric. Download working paper: https://www.hbs.edu/faculty/Pages/item.aspx?num=53596 Global Portfolio Diversification for Long-Horizon Investors By: Viceira, Luis M., and... View Details

Keywords: Dina Gerdeman

16 Jun 2003
Research & Ideas

Surveying the VC Landscape

disclosure of strategic information critical to the companies in the private equity investors' portfolios. Q: What impact has the Sarbanes-Oxley Act had on how VC firms participate on the boards of their portfolio companies? Do you feel... View Details

Keywords: by Ann Cullen; Financial Services

December 2010
Compilation

VCPE Strategy Vignettes II

By: Josh Lerner, G. Felda Hardymon, Matthew Rhodes-Kropf, Ann Leamon and Lisa Strope

These three vignettes present various issues around the strategy and management of venture capital and private equity firms. In one, a senior partner must decide how to manage an over-extended colleague and how to reduce the risk of the firm's portfolio; the second... View Details

Keywords: Venture Capital; Private Equity; Cost vs Benefits; Insolvency and Bankruptcy; Investment Portfolio; Ownership; Partners and Partnerships; Risk Management; Stocks; Problems and Challenges; United States

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31 May 2011
First Look

First Look: May 31

investment pioneer Tsing Capital was planning for the China Environment Fund IV and considering how to maintain its commitment to social and environmental practices. Tsing Capital embraced its philosophy of "Doing Well by Doing... View Details

Keywords: Sean Silverthorne

02 Feb 2009
Research & Ideas

The Success of Persistent Entrepreneurs

emerges from our analysis is to find an experienced (and successful) partner! Given the very difficult investment conditions, venture investors are paring back their portfolios and are hesitant to make new... View Details

Keywords: by Sarah Jane Gilbert

23 Nov 1999
Research & Ideas

The Future of the Venture Capital Cycle

with a rapid increase in capital commitments have led to less restrictive partnership agreements, large investments in portfolio firms, and higher valuations for those investments. These patterns have led... View Details

Keywords: by Paul A. Gompers & Josh Lerner; Financial Services

March 1995 (Revised March 1995)
Case

Smashing the Cube: Corporate Transformation at CIBA-GEIGY Ltd.

By: David J. Collis and Elizabeth Wynne Johnson

CIBA-GEIGY is a large, diversified multinational corporation that transforms itself in the 1990s through a massive structural and cultural change. The case describes the changes implemented and the processes used to effect change in portfolio, people, and structures.... View Details

Keywords: Restructuring; Change Management; Transformation; Investment Portfolio; Multinational Firms and Management; Organizational Culture; Corporate Strategy

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