Publications

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October 1993
Supplement

The Analyst's Dilemma (B)

By: Joseph L. Badaracco Jr. and Jerry Useem

Supplements the (A) case. View Details

Keywords: Investment Banking; Ethics; Risk and Uncertainty; Problems and Challenges; Financial Services Industry

08 Jan 2020
Blog Post

Know Your Audience - Recruiting HBS Students for Private Equity

determine which format, large or intimate, is the best fit for your goals. Making the Investment in Recruiting An emerging trend in Private Equity recruiting is the use of the summer internship as a feeder for full-time hiring. The... View Details

Keywords: Venture Capital / Private Equity

03 Feb 2021
News

Power Play

Courtesy Rahul Advani Courtesy Sara Graziano Courtesy Chris Smith Courtesy Rahul Advani Courtesy Sara Graziano Courtesy Chris Smith When Rahul Advani (MBA 2004) began his investment career in 1997, focused on the energy sector, he thought... View Details

Keywords: Maureen Harmon

24 Apr 2014
News

From venture capitalist to 'compassionate capitalist'

co-creator of the concept. Born in Egypt and now living in England, Cohen became interested in social capital and philanthropy in 2000 when he led the UK Treasury’s Social Investment Task Force. He subsequently was involved in a variety... View Details

Web

Corporate Reports Collection | Baker Library | Bloomberg Center | Harvard Business School

Introduction 1840s – 1880s General Merchants to Commodities Brokers 1880s – 1920s Investment Banking & Securities Underwriting 1920s – 1960s Investing in Emerging Industries 1850–1968 Lehman Brothers Family... View Details

2020
Working Paper

Aggregate and Firm-Level Stock Returns During Pandemics, in Real Time

By: Laura Alfaro, Anusha Chari, Andrew Greenland and Peter K. Schott

We show that unexpected changes in the trajectory of COVID-19 infections predict U.S. stock returns, in real time. Parameter estimates indicate that an unanticipated doubling (halving) of projected infections forecasts next-day decreases (increases) in aggregate U.S.... View Details

Keywords: COVID-19; Stock Returns; Health Pandemics; Stocks; Investment Return; Forecasting and Prediction

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November 2007
Background Note

Asset Allocation I

By: Joshua D. Coval, Erik Stafford, Rodrigo Osmo, John Jernigan, Zack Page and Paulo Passoni

The goal of these simulations is to understand the mathematics of mean-variance optimization and the equilibrium pricing of risk if all investors use this rule with common information sets. Simulation A focuses on five to 10 years of monthly sector returns that are... View Details

Keywords: Asset Pricing; Capital; Investment Return; Risk Management; Mathematical Methods

Article

Recovering Investor Expectations from Demand for Index Funds

By: Mark Egan, Alexander J. MacKay and Hanbin Yang

We use a revealed-preference approach to estimate investor expectations of stock market returns. Using data on demand for index funds that follow the S&P 500, we develop and estimate a model of investor choice to flexibly recover the time-varying distribution of... View Details

Keywords: Stock Market Expectations; Demand Estimation; Exchange-traded Funds (ETFs); Demand and Consumers; Investment

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2021
Working Paper

Recovering Investor Expectations from Demand for Index Funds

By: Mark Egan, Alexander J. MacKay and Hanbin Yang

We use a revealed-preference approach to estimate investor expectations of stock market returns. Using data on demand for index funds that follow the S&P 500, we develop and estimate a model of investor choice to flexibly recover the time-varying distribution of... View Details

Keywords: Stock Market Expectations; Demand Estimation; Exchange-traded Funds (ETFs); Demand and Consumers; Investment; United States

SSRN

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October 2016 (Revised January 2017)
Background Note

The U.S. Health Club Industry, 2005–2016

By: John R. Wells and Gabriel Ellsworth

In 2015, the U.S. health-club industry generated revenues of $25.8 billion, up from $14.8 billion in 2004. Members of health clubs accounted for 17% of the population, up from 14%. The number of clubs had grown from 26,830 in 2004 to 36,180. In the process, the list of... View Details

November 2012
Technical Note

OpCo / PropCo Valuation

By: Nicolas P. Retsinas, Lisa Strope and John C. Hettinger

This technical note describes the "OpCo/PropCo" process of valuing a real estate intensive business. The term "OpCo/PropCo" refers to a business arrangement in which a consolidated, real estate-intensive enterprise is split into two separate businesses: (1) A property... View Details

Keywords: Real Estate; Property; Valuation; Investment

Article

Optimal Investment, Monitoring, and the Staging of Venture Capital

By: Paul A. Gompers

Keywords: Investment; Venture Capital

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July 2024
Teaching Plan

KOKO Networks: Bridging Energy Transition and Affordability with Carbon Financing

By: George Serafeim

Teaching Plan for HBS Case No. 124-022. View Details

15 Jun 2016
Research & Ideas

These VC Partners May Make Your Firm Less Innovative

much-needed cash but also expertise and advice. In a perfect world, everyone benefits. The VC firm takes an equity stake and makes money when the company succeeds, rewarding limited partners who have invested in the VC firm. But what... View Details

Keywords: by Michael Blanding; Financial Services; Banking

Fast Answer

HBS Course: Private Equity Finance

fund performance. Generous data download limit. Pitchbook
Information on companies, deals, funds, investors and service providers across the private investment lifecycle. Limited downloading available. View Details

Web

Blog | Social Enterprise | Harvard Business School

Filter Results: (223) Submit Author Types Alumni HBS Staff SE Practitioners SEI Faculty SEI Team Students Topics Alumni for Impact Alumni Programs Arts Business for Social Impact Business School Executive Education Faculty Research Future of Work HBS Students Impact... View Details

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