(Revised from original 2011 version)
This conceptual note describes a series of cases on the investor demand approach to investment strategy and management. The cases demonstrate how and why securities market dislocations are driven by non-fundamental demand. I use the cases to progressively build a decision making framework for active investing in public markets. This note serves as an extended guide to the ideas in the cases, and is aimed at instructors forming their own course in Behavioral Finance or Investment Management.
Greenwood, Robin. "Investor Demand." Harvard Business School Module Note 211-101, April 2011. (Revised from original April 2011 version.)