Wednesday, 16 August:
Course Introduction. Discussion: Why Not (Just) Index? Our Investment Policy Statement.
Monday, 21 August:
Brief Review of Modern Portfolio Theory and the Efficient Market Hypothesis (EMH).
Contrast EMH with Graham’s “Mr. Market.” Sectors may be assigned today.
Wednesday, 23 August:
Begin Valuation Approaches: Distinguish Top- Down vs. Bottom-Up.
Note: Wednesday, August 23 is the last day to add or to drop without a grade.
Monday, 28 August:
Continue Valuation Approaches: Fundamental Analysis.
Wednesday, 30 August:
Continue Valuation Approaches: Fundamental Analysis.
Monday, 4 September: Labor Day Holiday
Wednesday, 6 September:
Dr. Dennison: Financial Model Analysis.
Monday, 11 September:
Complete Valuation Approaches.
Begin Quality of Earnings Discussion if time permits.
Wednesday, 13 September:
Quality of Earnings Discussion. Likely due date for Valuation Project.
Monday, 18 September:
Begin Discussion of Technical Analysis.
Wednesday, 20 September:
Complete Discussion of Technical Analysis.
Monday, 25 September:
Sector Rotation Theory.
Wednesday, 27 September:
Discuss the Philosophy of a Sell/Buy Discipline. Mid-term Exam Distributed.
Monday, 2 October:
Fixed-Income Investing.
Wednesday, 4 October: Mid-term Exam due at 5:00 p.m.
Fixed-Income Investing.
Monday, 9 October:Note: Monday, October 9 is the last day to drop with a ‘W.’
Wednesday, 11 October:
Dr. Dennison: Passive Investing and Future Market Analysis.
Note: Friday, October 13 is the deadline to apply for Fall graduation.
Monday, 16 October:
Presentation to Class of Sectors 1 and 2 Analyses.
Wednesday, 18 October:
Presentation to Class of Sectors 3 and 4 Analyses.
Monday, 23 October:
Presentation to Class of Sectors 5 and 6 Analyses.
Wednesday, 25 October:
Dr. Dennison: Market Dips and Corrections.
Monday, 30 October:
Presentation to Class of Sectors 7 and 8 Analyses.
Wednesday, 1 November:
Dr. Dennison: Planning for the Final Presentation.
Monday, 6 November:
Presentation to Class of Sectors 9 and 10 Analyses.
Wednesday, 8 November:
Presentation to Class of Sector 11 and the Fixed Income Asset Class.
Determine Active Weights for each Sector and Security.
Note: If any sectors or securities need to be re- assessed, it will likely be scheduled for today.
Monday, 13 November:
Discussion of Ethical Practices in Financial Markets. Note that missing class may result in additional written assignment.
Wednesday, 15 November:
Planning the Final Report and Presentation. Written report revisions due to Instructor by Friday.
Monday, 20 November:
Finalizing Report and Presentation Plans.
Monday, 27 November:
First Half of the “Dress Rehearsal.” Instructor reviews PowerPoint slide deck. Written Report should be sent to Advisory Board by today.
Wednesday, 29 November: Second Half of the “Dress Rehearsal.” If any re-takes are necessary, they are likely to occur on Reading Day. Finalize Presentation Plans.
Monday, 4 December: Final Exam 3:00 – 6:00 p.m. Presentation to Advisory Board.