Behavioral Finance and Value Investing

I teach a case-based MBA-level course on Behavioral Finance and Value Investing. The course was last offered in the spring of 2009 and will be offered spring 2010.

If you are an instructor, please email (rgreenwood@hbs.edu) or call me for a syllabus and cases and teaching notes.

The course is organized around the following short modules, with a few cases in each module:

[1] Introduction (Stock Price Manipulation; Closed End Fund Discounts)

[2] Investor Psychology

[3] Limits of Arbitrage (The Perfect Arbitrage Ideal; Imperfect Substitutes; Limited Capital; Short-sales Constraints)

[4] The Corporate Response

[5] Quantitative Investment Management

[6] Special Situations and Value Investing