| Time | Group |
|---|---|
| 5:30-5:50 | Biotechnology Merger evaluation |
| 5:50-6:10 | Hedge Funds as an Asset Class (Firevision) |
| 6:10-6:30 | Analyzing Analyst Forecasts |
| 6:30-6:50 | Socially Responsible Investing (Ford) |
| 6:50-7:05 | Break |
| 7:05-7:25 | Energy Mergers (LEK Consulting) |
| 7:25-7:45 | Industry-focused Fixed Income (Eli Lilly) |
| 7:45-8:05 | Interest rate Hedging (Northview Bank and Trust) |
| 8:05-8:25 | Real options valuation (BCG) |
| Discussion Date | Papers | Slides |
|---|---|---|
| 4/15 | Fama-French | Slides |
| 4/22 | One classic paper on style attribution by William Sharpe. Two papers by William Fung and David Hsieh: Performance Attribution and The Risk in Hedge Fund Strategies | Slides |
| 4/29 | Two papers by Anna Shcherbina: Differences of Opinion and Why the Stock Market May Underweight Bad News | |
| 5/13 | Papers on real options (you should pay special attention to the first three): valuing internet companies, an attempt to make the previous paper more accessible, and patents & R&D as real options. If you are interested, there is more on valuing internet companies, and Monte Carlo valuation of American options. | |
| 5/20 | Agency, Information, and Corporate Investment is a paper surveying the literature examining whether capital is allocated correctly across and within firms. | |
| 5/20 | Two paper by Prof. Petersen: Form and Function in Banks and Distance and Lending | |
| 6/3 | Two papers on socially responsible investing: a study by the Hawaii legislature and an academic paper looking at the effect of SRI on the cost of capital. | |
| 6/3 | Two papers on mergers: an overview of findings (read to understand the results), and a paper on long-run returns (read to understand the methodological issues). |
| Company | Description |
|---|---|
| Ford Motor Co. | Socially responsible investing |
| Eli Lilly | Industry-focused fixed income portfolio |
| LEK | Mergers in the energy sector: where is value created? |
| Northview Bank | Interest rate risk management for a community bank |
| Firevision LLC | Hedge funds as an asset class |
| Unnamed third party | Evaluation of biotech merger |
| Valuemetrics | Analysis of valuation methodology |