Publications

CORNELL CAPITAL GROUP

July 27, 2020

ESG Investing: Conceptual Issues

Using criteria based on environmental, social and governance (ESG) considerations has become an increasingly important aspect of investment decision making,

April 23, 2020

Valuing ESG : Doing Good or Sounding Good?

Bradford Cornell and Aswath Damodaran In the last decade, companies have come under pressure to be socially conscious and environmentally

February 2, 2020

Medallion Fund: The Ultimate Counterexample?

The performance of Renaissance Technologies’ Medallion fund provides the ultimate counterexample to the hypothesis of market efficiency. MedallionFund.pdf (655 downloads)

December 31, 2019

The Big Market Delusion : Valuation and Investment Implications

There is nothing more exciting for a nascent business than the perceived presence of a big market for its products

July 11, 2019

Bubble, Bubble, Toil and Trouble

In April of 2018, Rob Arnott, Shane Sheppard and I published an article entitled, Yes, It’s a Bubble, So What?.

February 18, 2019

Energy and Investing : A Cornell Capital Report on Renewable Energy

The public debate regarding climate change rages daily in the popular press and in the halls of Washington. This report