Capital Markets and Investments

Our new framework to equip students with the skills and knowledge to lead businesses around the globe for the next 100 years.

A look at the biggest ideas from Columbia Business School’s 100th-anniversary event.

Professor Stephen Penman of Columbia Business School offers tips for the beginner investor.   Understand your investment horizon. When do you want to cash out? Establish your time horizon to determine your risk profile. A house is an excellent asset to own, but be wary of buying at “bubble” prices.  Owning a home is one of the few ways an individual can issue long-term debt (via a mortgage). Buy when interest rates are low.

Columbia Business School announced the launch of its first student-led value investing portfolio, the 5x5x5 Student Value Investment Fund. The innovative fund, named for its unique structure, affords students the invaluable opportunity to connect value-oriented investment theories to real-world practice as they apply their classroom learning to the management of this fund. The fund was made possible by a generous gift from Thomas Russo, a partner at Gardner Russo & Gardner LLC.

The Richman Center brought together a panel of the authors behind the new Center for Global Enterprise book, Growing Global: Lessons for the New Enterprise.

The Richman Center held a discussion with Clifford S. Asness, Managing and Founding Principal at AQR, about risk and return.

Thanks to a generous gift from investor Thomas Russo, the new 5x5x5 Student Value Investment Fund provides students with real-world, long-term value investing opportunities.

New Research from Columbia Business School Shows that Despite the Federal Reserve’s Success at Reducing Liquidity Risks, Many Banks Resisted Joining from its Beginning

New economic research reveals that even with 24/7 access to financial portfolios, the “ostrich effect” takes over when markets are down

In June, Charles Calomiris, the Henry Kaufman Professor of Financial Institutions, was appointed the new faculty director of the Program for Financial Studies. He succeeds Laurie Hodrick, the A. Barton Hepburn Professor of Economics, who served as founding director of the program and guided its establishment and activities since the program’s inception in 2010.