Robert Korajczyk
Harry G. Guthmann Professor of Finance; Co-Director, Financial Institutions and Markets Research Center
Consider This New Measure of Profitability When Constructing Your Portfolio
Researchers construct an intangibles-adjusted profitability measure that can benefit investors.
Researchers: Ravi Jagannathan, Robert Korajczyk and Kai Wang
May 18, 2023
What Is the Purpose of a Corporation Today?
Has anything changed in the three years since the Business Roundtable declared firms should prioritize more than shareholders?
Researchers: Aaron Yoon, Ravi Jagannathan, Carola Frydman, Robert Korajczyk and José Maria Liberti
January 17, 2023
Jeff Ubben Explains His “Anti-ESG ESG” Investment Strategy
In a recent conversation with Kellogg’s Robert Korajczyk, the hedge-fund leader breaks down his unique approach to mission-driven investing.
Researchers: Robert Korajczyk and Jeff Ubben
July 12, 2022
When a Bunch of Economists Look at the Same Data, Do They All See It the Same Way?
Not at all, according to a recent study, which showed just how much noise can be introduced by researchers’ unique analytical approaches.
Researchers: Robert Korajczyk, Dermot Murphy and and coauthors
January 7, 2022
Does GameStop Signal the End of Short Selling as We Know It?
A conversation with a prominent short seller about the possible consequences of a wild week on Wall Street.
Researchers: Scott Fearon and Robert Korajczyk
January 29, 2021
How to Pick a Loser
A hedge-fund manager explains what most traders get wrong about short selling and when to go long on a diamond in the rough.
Researchers: Scott Fearon and Robert Korajczyk
March 2, 2020
Is Maximizing Shareholder Value a Thing of the Past?
Top CEOs recently “redefined” the purpose of a corporation. Kellogg faculty weigh in.
Researchers: Carola Frydman, Ravi Jagannathan, Robert Korajczyk, José Maria Liberti and Aaron Yoon
September 19, 2019
Take 5: What's in Your Investment Portfolio?
Here’s what our faculty have to say about assessing new stocks, investing in green companies—and the benefits of benign neglect.
Researchers: David Chen, Janice C. Eberly, Ravi Jagannathan, Robert Korajczyk, Matthew R. Lyle and Louis Simpson
June 7, 2018
“One of the Investment Greats” Explains His Portfolio Strategy
A Q&A with renowned investor Lou Simpson.
Researchers: Robert Korajczyk and Louis Simpson
November 2, 2017
Do High-Frequency Traders Deserve Their Bad Rap?
Though suspicions abound, HFTs generally help markets function and grow.
Researchers: Robert Korajczyk and Dermot Murphy
November 2, 2015
Going Beyond “Buy Low, Sell High”
What is risky to short-horizon investors may not be risky to long-term investors.
Researchers: Avraham Kamara, Robert Korajczyk, Xiaoxia Lou and Ronnie Sadka
July 6, 2015
Hedging Your Bets Is Still a Gamble
Hedge funds and other alternative assets can underestimate risk, overestimate returns
Researchers: Gregory Connor, Lisa R. Goldberg and Robert Korajczyk
April 5, 2010
Picking Up Pennies for Profit
Predictable stock price patterns
Researchers: Steven L. Heston, Robert Korajczyk and Ronnie Sadka
June 1, 2009
Pricing a Global Measure of Liquidity Risk
Investors should not overlook the impact of liquidity on the prices of assets
Researchers: Robert Korajczyk and Ronnie Sadka
September 4, 2007
Cashed Out
Kellogg finance scholar examines impact of trading costs on stock profitability
Researchers: Robert Korajczyk and Ronnie Sadka
April 11, 2007