This Week In Finance

Website Heads-Up!

A Bit Off the Beaten Path

This week's website is strays a little off the Corpfin path, but I think will be of interest to many RWJ readers anyway, particularly those who also teach or do research in Investments.
Several influential members of the emerging "Behavioral Finance" school - Richard Thaler, Terrance Odean, and Russell Fuller - have formed a portfolio management organization called "Undiscovered Managers." The website, undiscoveredmanagers.com, not only describes funds and seeks investors, but is also a veritable Behavioral Finance manifesto, and, includes several fascinating working papers downloadable using Adobe Acrobat. This one will get your students talking (and may cause you to rethink some of your cherished beliefs!).


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