Associate Professor Dimitris Papanikolaou had a question. He wondered why investors are so willing to invest in growth firms – like Uber or Facebook – that have historically produced low average returns, when they could be investing in value stocks – like General Electric – that seem to provide a more guaranteed return.
Papanikolaou, who teaches finance at Kellogg, investigated that question in new research that recently won the Amundi Smith Breeden Award for best paper in the top-ranked Journal of Finance. He earned the same award last year for his paper on the value of investing in people.
Growth is a challenge that every leader and organization confronts. At Kellogg, we develop brave leaders who inspire growth in people, organizations and markets.
This is what sets us apart.
This is the Kellogg difference.
Learn more: http://kell.gg/1tW4Lvs
Dean Sally Blount ’92 speaks at Kellogg Reunion 2014.
“We need leaders who fully grasp that markets, while highly efficient, are not fair, kind, or wise.” — Dean Sally Blount ’92
Dean Blount talks about why the world needs MBAs in this piece via Bloomberg Businessweek.
On behalf of all the student bloggers, it is my great pleasure to welcome you to our new Kellogg Student Blog. This site features a diverse group of student bloggers, both current 1st year and 2nd year students from a variety of programs that Kellogg has to offer (1Y, 2Y, MMM, JD/MBA). We will be sharing our Kellogg experiences ranging from academics, clubs, experiential learning, global perspective, socials, just to name a few. You will be able to get a sense of what life at Kellogg is all about from different viewpoints of the student body. We hope that you will find this blog helpful to learn more about Kellogg, and perhaps join us and experience it yourself in the near future. Stay tuned for more posts from my fellow bloggers!
Tony Shan ’12 (2Y)