Please read this document before reading or using any of the reports on this site.
The reports posted on this site have been written by MBA students at Yale's School of Management in partial fulfillment of their course requirements. The reports are student not professional, they are intended to serve solely as examples of student work at Yale’s School of Management. They are not intended as investment advice. They are based on publicly available information and may not be a complete analyses of all relevant data.
If you use these reports for any purpose, you do so at your own risk. YALE UNIVERSITY, YALE SCHOOL OF MANAGEMENT, AND YALE UNIVERSITY’S OFFICERS, FELLOWS, FACULTY, STAFF, AND STUDENTS MAKE NO REPRESENTATIONS OR WARRANTIES, EXPRESS OR IMPLIED, ABOUT THE ACCURACY OR SUITABILITY FOR ANY USE OF THESE REPORTS, AND EXPRESSLY DISCLAIM RESPONSIBIITY FOR ANY LOSS OR DAMAGE, DIRECT OR INDIRECT, CAUSED BY USE OF OR RELIANCE ON THESE REPORTS.
No student has received any direct monetary compensation for the work posted here, nor has any been promised. The student authors and others affiliated with the site may on occasion hold or take a position in the securities described in these reports.
All of the reports posted on this site are copyrighted. You may make fair use of limited portions of these reports so long as proper acknowledgment is given. If you wish to copy and distribute substantial portions of any report, you may do so only with written permission of the authors and the University. Please contact the faculty administering the course to obtain the necessary permissions email@example.com.
The forums on this web site are included to stimulate debate and discussion among the financial community regarding the material posted on this site. Yale University reserves the right to remove any posts in its sole discretion. While the site is designed to encourage debate, no person has an intrinsic right to post in these forums. If you do not wish to be bound by these rules you should not post at this site.
Any questions should be addressed to the faculty administering the course.