Randolph Cohen

Randolph B. (Randy) Cohen is a Senior Lecturer in the Finance Unit at Harvard Business School.

Cohen's main research focus is the interface between the actions of institutional investors and price levels in the stock market. Cohen has studied the differential reactions of institutions and individuals to news about firms and the economy, as well as the effect of institutional trading on stock prices. He also has researched the identification of top investment managers and the prediction of manager performance, as well as studying the market for municipal securities.

In addition to his academic work, Cohen has helped to start and grow a number of investment management firms, and has served as a consultant to many others.

Cohen holds an AB in mathematics from Harvard College and a PhD in finance from the University of Chicago.

AREAS OF INTEREST

• hedge funds
• institutional investing
• investment management
• mutual funds
• value investing

WORKING PAPERS

• Antón, Miguel, Randolph B. Cohen, and Christopher Polk. "Best Ideas." (pdf) Harvard Business School Working Paper, No. 21-004, June 2020. View Details
• Cohen, Randolph B., Paul A. Gompers, and Tuomo Vuolteenaho. "Who Underreacts To Cash-Flow News? Evidence from Trading between Individuals and Institutions." Harvard Business School Working Paper, No. 01-085, June 2001. View Details

ADDITIONAL TOPICS

• asset pricing
• compensation
• financial management
• market efficiency
• performance measurement
• valuation

INDUSTRIES

• financial services
• investment banking industry

GEOGRAPHIES

• Asia
• Europe
• North America