Experience Stern | News & Events

Excerpt from The Guardian -- "Scott Galloway, a professor at NYU’s Stern School of Business, said it should come as no surprise that the move didn’t turn into a financial setback this quarter, especially considering how poorly Google+ was performing. 'They were looking for an excuse to shut it down,' he says. 'To connect this problem to shutting the platform down was disingenuous.'"

Excerpt from Horse & Hound -- "The research was the first to provide evidence of the Dunning-Kruger effect, by which lower performers tend to be unaware of their lack of knowledge or ability, within equestrians. ... 'No doubt you have experienced a situation where someone’s performance is below average but they are confident their performance is excellent,' the authors said. 'This is the Dunning-Kruger effect in action.'"
 

Excerpt from the Financial Times -- "As marketing and psychology professor Adam Alter argues in Irresistible: The Rise of Addictive Technology and the Business of Keeping Us Hooked, the tech companies use an army of thousands to design the “sticky” features on a phone. To attempt to fight that army alone is a fool’s errand."

Excerpt from Communications. Transformed. -- (1:38) "I define data visualization as a process of creating data graphics with a message. So if you think about it, you start with the real world and you have data that represents some real world phenomena and you take that data and you encode it into shapes and colors to reveal patterns, trends, and insights."

In this advanced communication program, participants will practice developing and delivering well-crafted, concise messages with clearly defined intents that support their personal brand.

On October 24, the NYU Stern community honored 2018 Nobel Laureate Professor Paul Romer with fireside chat and reception.

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."