Forgetting What They Taught You at Harvard Business School

What They Don't Teach You at Harvard Business School was a New York Times best-seller that highlighted ingredients to success absent from America’s business schools. In today’s negative interest rate environment, there may be an even more important consideration for business school grads—to consciously forget much of what was taught in business school. This paper identifies several investing concepts broadly taught across the nation and preached on Wall Street. Most family offices are not cognizant of the risks these principles pose having been lulled to sleep by trillions in QE and 35 years of declining rates.