Harvard Business Review

AUGUST 11, 2015

But that will not in any way deter hedge-fund activists from demanding that companies do stock buybacks so that they can time their stock sales to take advantage of short-term, buyback-induced, stock-price boosts. A prime example is Carl Icahn, who began to accumulate his multibillion-dollar stake in Apple in August 2013.

Proposal 8

Proposal Hedge Safe Harbor Short-term 8

Harvard Business Review

JANUARY 12, 2018

Does a robot manage your money? A study by Deloitte estimated that “assets under automated management” (including hybrid offerings) in the U.S. This would represent between 10% and 15% of total retail financial assets under management. Kearney predicts that assets under “robo-management” will total $2.2

Consultative 8

Consultative Strategy Advice McKinsey 8

Harvard Business Review

JUNE 10, 2014

One outside manager of many endowments I spoke to confirmed to me that there has been “no mandate” from clients to be investing in the future of higher education. “I Those who manage money for higher education, I propose, need to get much more interested in the market they are in. I haven’t heard that at all,” was the quote.

Real Estate 8

Real Estate Education Disruptive Innovation Asset Management 8

Harvard Business Review

MAY 14, 2015

million in 2013, when realized gains from stock-based pay represented 27% of total pay, to a high of $20.1 Wall Street investment banks and hedge fund activists, some of whom began targeting McDonald’s a decade ago , also gain from the temporary boosts that buybacks produce. million in 2014 to a high of $12.6

Price 8

Price Franchising Short-term CFO 8

Harvard Business Review

NOVEMBER 25, 2015

So most executives manage it according to their intuition. It takes a careful mix of mission, management, and culture. One 2013 study illustrates this well. In one hedge fund, the highest performing portfolio managers had higher total motivation. Insight Center. How to Be a Company That Employees Love.

Motivation 8

Motivation Company Airlines Learning-by-Doing 8

Harvard Business Review

SEPTEMBER 16, 2014

First, it is hard to see the historical development of US income taxation as a gradual evolution. I have inflated all the incomes to 2013 dollars to make comparisons more easily understood. Two things strike me as I study the history. Rather, it is characterized by major swings. The First Era: 1862-1915.

System 8

System Incentives Hedge Crisis 8

Harvard Business Review

APRIL 2, 2014

Campbell’s work has also made liberal use of the analytic tools developed by Hansen. Others, most notably money managers and former Fama students Cliff Asness and John Liew in an epic Institutional Investor article , have done a lot recent to clarify how Fama’s ideas and Shiller’s can at least co-exist peacefully.

CAPM 8

CAPM Discount Price Finance 8