Category Archives: Market inefficiencies

Observations from the CEO of Harvard Management Company

Harvard is famous for attracting the best and the brightest, particularly in its own fund management operations (its endowment is currently over $22 billion). Mohamed El-Erian, the president and CEO of Harvard Management Company and a Harvard Business School faculty member, made these observations today in a Financial Times article, “Complex finance and the brave […]

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Thinking the Unthinkable (Global Warming Edition)

What a difference a year makes. Global warming had been dismissed in the business press as the creation of tree-huggers, liberals, and other enemies of free enterprise. Suddenly, it’s a hot cause (no pun intended). Monday, the CEOs of nine blue chip companies, including General Electric, Alcoa, Lehman Brothers, and Duke Power, joined in the […]

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