New research from Nicolas Bollen, the E. Bronson Ingram Professor of Finance, says those hedge funds that are hardest to imitate—something investors look for and for which they often pay a premium—are the ones most prone to failure.
We’ve all been exposed to them—the marketing strategies promising bargains or high value. Yet as alluring as those pitches can be, consumers draw very different—and sometimes contradictory— conclusions when it comes to sale prices or value.
From research scientists working in drug discovery to portfolio managers waiting for the markets to bear out their investment theses, how do certain types of professionals sustain their energy and enthusiasm over long periods? That’s the question undertaken in a … Continued
In a pivotal scene from the film The Social Network, the Hollywood retelling of Facebook’s founding, an exasperated Mark Zuckerberg exhorts business partner and Harvard classmate Eduardo Saverin to join him in Silicon Valley. “You’ve gotta move here, Wardo. This … Continued
From Bob Hope’s hawking American Express Travelers Cheques in the 1950s to quirky actress Zooey Deschanel’s selling the latest iPhone today, celebrities have long served as the advertising industry’s not-so-secret weapon. As consumers, we want the same services and products … Continued
The Vanderbilt Health Care Conference and Career Fair hosted more than 500 participants and 35 companies at a one-day session in Nashville this past fall. It was the fourth year for the student-organized conference, which is designed for anyone interested … Continued
Generation Y, the first group to come of age in the Internet era, is all grown up and ready to launch the next wave of multibillion-dollar tech companies. And investors are ready to help them do it. “If you’re 20-something … Continued
The trading volume of stock options has more than quintupled in the past decade, as banks, hedge funds and other traders have flocked to the investments. But retail options investors may be getting left out in the cold, unknowingly giving … Continued
For the past 24 years, the Financial Markets Research Center (FMRC) at the Owen School has hosted a spring research conference designed to facilitate discussion between academic researchers and business practitioners. Starting with the 1987 Wall Street crash, many of … Continued
Enron. WorldCom. Tyco. These are among the most notorious names associated with a wave of accounting scandals that plagued the early 2000s and ultimately helped spur passage of the 2002 accounting reform law known as Sarbanes-Oxley. While accounting restatements haven’t … Continued
New research by Bob Whaley, the Valere Blair Potter Professor of Management, and Jacob Sagi, the Vanderbilt Financial Markets Research Center Associate Professor of Finance, has led to the creation of a recently launched group of NASDAQ indexes. The NASDAQ … Continued
With millions of new patients coming into the U.S. health care system over the next decade, the term “operations” is taking on a whole new meaning in America’s hospitals. Starting in the year 2014, as many as 32 million additional … Continued
The 2010 U.S. Congressional elections saw an unprecedented boom in campaign spending—$4 billion in all, with about $1.12 billion coming in the form of individual contributions to candidates, according to the Center for Responsive Politics. While political pundits continue to … Continued
Try asking any Monday morning quarterback about blown fourth-down play calls in the NFL and you are guaranteed passionate opinions. In most fourth-down plays, an NFL team will punt or try for a field goal. But occasionally teams decide to … Continued
Generations of MBA graduates have mastered pricing models designed to evaluate companies based on capital assets like equipment, land and raw materials. But as the world economy shifts to one that increasingly places a premium on brainpower instead of horsepower, … Continued