The outline for the course
consists of four levels.
The basic outline (Brief) sections the class discussions starting with economics and ending with performance evaluation. In general, the class follows the top-down methodology, starting with the broad and going to the specific.
A more
extended version of the outline (Extensive)
divides the basic outline (sections) into component parts (subsections). For
instance, the economics/capital markets section is divided into four
subsections: 1) The State of the Economy, 2) Stimulating the Economy, 3)
Economic Shocks—Some Scenarios, and 4) New Versus Old Economy Thinking.
A more
extensive version of the outline is found on the website by selecting Lecture
Notes in the maroon-shaded area of the website. The information
describes each of the major areas of study (i.e. the sections) in greater
detail.
Finally, the lecture notes
(purchased at COPEZ, password protected in the Lecture Notes area of the
website) review (in 120-150 pages) the important points from the 900+ page
reading packet and book. The packet is comprised of articles from business
periodicals, newspaper clippings, academic journals, research from the sell-side
(e.g. Merrill Lynch) and buy-side, and my own writings. Please note, the book
and readings packet should be used to help the students understand the lecture
notes, and not vice versa.
Annual Report:
The
Student Investment Management program (SIM) formally presents its performance
results to the OSU endowment fund once per year. Past annual reports are
provided below:
OSU
Endowment Fund Investments Policy:
The endowment fund’s
investment policy outlines its goals, investment philosophy, and limitations.
The SIM program is one of the endowment’s many managers, and the program is
evaluated based on its performance relative to the fund’s goals, investment
philosophy, and limitations and versus the fund’s other managers. During the
third class period, a representative from the endowment fund normally speaks to
the students concerning the fund and the role of the SIM program. The endowment
fund’s current and past investment policies are provided for your review: