Experience Stern | News & Events

Excerpt from The New York Times -- "And so in an effort to understand my fellow Brazilians, I’ve turned to the work of the psychologist Jonathan Haidt, whose moral foundations theory makes an impressive attempt to connect people with differing political views."

Excerpt from Marketplace -- "Last week, the company announced it added almost 7 million new subscribers worldwide in the third quarter. David Yermack at NYU’s Stern School of Business said as long as that’s the case, investors will be eager to lend to Netflix. 'It’s just like a person with a high income personally could afford a big car loan or a big mortgage,' he said. 'It’s really the same logic for a company.'"

Excerpt from WalletHub -- "I believe that rewards are treated very differently than cash. If you converted rewards points into their cash equivalent (e.g., though gift cards), then those gift cards would be spent differently than if you purchased through rewards. The commonest mental error is to not think of rewards points as just another form of currency that can be used for transactions -- leading to their either being hoarded, or spent on products that are inessential."

Excerpt from The Globe and Mail -- “Those corporations with higher coverage and lower premiums would distinguish themselves in the eyes of investors,” he says, and insurance carriers would welcome the new business. But they would need to properly gauge their risk - which is where the auditors come in."

Excerpt from Crain's New York Business -- "'He saved the firm,' said Brad Hintz, a former Bernstein executive who's now an adjunct professor at NYU's Stern School of Business."
 

Excerpt from BusinessBecause -- "Maintain a journal of your personal and professional achievements way ahead of application deadlines to help formulate your professional goals for the essays. I would recommend at least two years ahead of applying to business school. I didn’t do this, but am certain it would have helped!"

Excerpt from NBC News -- "Whenever the top prize really goes above people's imagination, then a lot of people say, why don't I try it? What's going to happen? ... It doesn't make sense."

Excerpt from Recode -- "'We have put a price on moral leadership,' Galloway said. 'And the presidents of the past have always tried to figure out the balance between the realpolitik and our strategic interest. This isn’t new. But we at least pretended to care ... And by the way, I think this is the same infection that has caused illness across all of Big Tech: We’re trading off long-term moral leadership in exchange for short-term profits.'"

Excerpt from The Globe and Mail -- "Among its key findings, researchers found tweets in the days leading up to a firm’s quarterly earnings reports successfully predicted whether the firm would meet its targets. An analysis of the platform’s commentary also suggested Twitter does a good job at forecasting how the stock price would subsequently respond."

Excerpt from Advisor Perspectives -- "As is generally the case with corporate financial reports, they hide more than reveal (and that’s why managers are happy with these reports despite their loss of relevance―see The End of Accounting). You have to be a sleuth to identify the influential estimates affecting earnings."

Excerpt from The Atlantic -- "[Sundararajan] thinks it’s likely that eventually there will be a few major apps people will use to get around and that will stitch together different modes of transportation, such as cars, trains, scooters, and walking. In this possible future, Sundararajan says kids’-rides companies could prosper as specialized independent businesses, as long as they are compatible with those dominant apps."

Excerpt from Qrius -- "...according to an academic paper written very recently by Prof. Jennifer N. Carpenter and others at the Stern School of Business at New York University, Chinese stock market function as efficiently as any other equity market in the advanced economies, while playing a crucial role in capital allocation."

Excerpt from Bloomberg -- "'The expectation of another crisis may be part of why we see so much accumulation of liquid assets and so little investment in machines, infrastructure, the things that really raise the quality of life,' he said in an interview Friday in New York. 'You want to hold on to a lot of liquid assets so you don’t get forced to sell them off.'"

The NYU Stern Fubon Center hosted the FinTech Conference on October 19, 2018.

Excerpt from The CEO Magazine -- "So I would say, on the one hand, I haven’t been very surprised. I have been a little bit sad, mostly because I worry that people’s perception of Musk as a person will get in the way of him getting support for the kind of work he wants to do. Fundamentally, he wants to work on things that help humanity and help the Earth. He is really, really committed to that cause.”

Excerpt from SeniorWomenWeb -- "When we hear about economic growth or record corporate earnings, we are being told about past performance. While the past may continue for a time, it won’t indefinitely, and an investment’s current value is based only on future returns."

On October 18, NYU Stern’s MS in Risk Management (MSRM) Program hosted a special event offering an in-depth look into the risks associated with nuclear energy.

Excerpt from The Washington Post -- "'The financial system is complex, and things can go wrong. We need multiple regulatory controls,' said Lawrence White, a business professor at New York University who has studied financial regulation."

Excerpt from Cheapism.com -- "Not only does this development eliminate the need to go to the mall, it also does away with the chore of having to inspect nine or 10 stores in search of what you're looking for, says Allen Adamson of NYU Stern School of Business. 'You only have to have one relationship. It's one stop shopping. It's like going to a mall and not going to 20 stores but instead just going to one store.'"

Excerpt from WirtschaftsWoche -- (translated from German using Google Translate) "Radical representatives of the free market therefore fundamentally question whether patents actually promote innovation rather than inhibiting it - especially if they have long durations. In addition, it is primarily large companies that use patents to protect themselves from (new) competition. As a result, knowledge spreads less quickly. American economic historian Petra Moser has shown in a comparison of historical trade fair catalogs and patent statistics that countries without patent law, such as Switzerland and Denmark, produced proportionally more inventions at the end of the 19th century than states with patent protection."

Excerpt from CNBC -- "The New York University Stern School of Business professor told CNBC’s 'Fast Money' on Tuesday that he recommends potential cannabis investors 'stay out for the moment.' From his point of view, no pot stocks have “compelling enough stories” to make them worth buying at such high valuations."

On October 16, NYU Stern hosted the latest installment of the "In Conversation with Lord Mervyn King" series featuring Dr. Henry Kissinger, 56th United States secretary of state, former national security advisor and chairman, Kissinger Associates, Inc.

Excerpt from Chief Executive -- "...my hope is that just as schools, or, I think, universities have an absolute—even a fiduciary duty to focus on what they’re supposed to do, and not to let politics flood in. I’m hopeful that such a norm will spread through business, as well. It’ll certainly make the lives of leaders a lot easier."

Excerpt from The Washington Post -- "'The real story over the last year or year and a half seems to be the hotel industry waking up to the fact that Airbnb poses a much bigger threat to their business than they originally imagined,' said Arun Sundararajan, a business professor at New York University."