Automatically enrolling employees in retirement plans is a powerful tool for increasing savings. But Yale SOM’s James Choi and his coauthors find that once enrolled, people with lower incomes are more likely to remain at default contribution rates, even if they aren’t optimal.
Most investing success is short lived, but venture capital is an exception, with top VCs beating the average year after year. A new study finds that consistent returns owe as much to a firm’s reputation and early luck as the smarts of its employees.
A study by Yale SOM’s Song Ma shows that companies tend to invest in startups when they are struggling, in order to gain access to innovation and shore up an area of weakness.
As chief investment adviser for New York City, Ranji Nagaswami ’86 delivered the unvarnished truth when she discovered unwelcome news about the city’s pension funds.
When companies automatically enroll employees in retirement plans, the employees save more money for their later years. But the extra savings may exact a pre-retirement toll on their finances.
We asked Yale SOM’s James Choi how a proposed change to the way 401(k) plans are taxed might alter the way people save for retirement.
Women in the investment profession face a double standard even when objective information on their performance is available and their evaluators are incentivized to not discriminate, according to a new study by researchers at the Yale School of Management and the Columbia Business School.
With bargains hard to find, says Adam Blumenthal ’89, private equity must return to its roots, as a tool for value creation for a range of stakeholders.
Patricia Lizarraga of Hypatia Capital Group explains how the firm succeeds by investing in women.
Are we in a financial bubble? Vikram Mansharamani YC ’96 offers a framework for spotting a bubble before it bursts.
In a New York Times commentary, Yale SOM's Robert Shiller says that investors can’t consistently beat the market by copying the strategy of a lone genius.