Experience Stern | News & Events

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."

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."

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."

Excerpt from The New York Post -- "'The program lacks integrity,' he told The Post. 'We’ve recommended that an independent third-party fund administrator be appointed to oversee the flow of the funds.'"

Excerpt from The New York Times -- "In a 2018 paper, Julian Kozlowski of the Federal Reserve Bank of St. Louis, Laura Veldkamp of Columbia University and Venky Venkateswaran of New York University attribute some of the economic pain that occurred after the 2008 financial crisis to a change in beliefs that may still be playing a role 10 years later."

Excerpt from Vox -- "'The importance of a brand that engages with community is particularly important to the younger demographic that West Elm targets,' she says. 'One of the critical differentiators between West Elm and its competitors is that its position does not rely on price points (like Ikea), or design (like its sibling Williams-Sonoma), or only on customer service, but on engaging with a larger community.'"

Excerpt from Yahoo Finance -- "Damodaran told Yahoo Finance that he doesn’t think the smooth succession is because of Alibaba’s decision to adopt the partnership, 'it’s because they’re doing well. ...Dictatorships work smoothly if everything is going well. It’s only when things start to come apart that you realize the weakness of this process.'"

Excerpt from Heleo -- "The new season of the Next Big Idea Club is just around the corner, when curators Malcolm Gladwell, Adam Grant, Susan Cain, and Daniel Pink choose the two books that will be read by the club’s thousands of members around the world. Before making the official announcement, the curators are sharing the six finalists under consideration."
 

Excerpt from BBC -- "...Ideas are very unique in the sense that when one person discovers an idea, everybody can use it. So the more people you have trying to discover things, the more ideas everybody is going to have and the faster the rate that they are going to accumulate. So what finally emerged was a connection between globalization, taking our economic connections and extending them throughout the whole world, a connection between globalization and faster growth."

Excerpt from Bloomberg -- (1:19) "I wanted to note that the Department of Justice doesn't have any problem with this vertical merger but it did have a problem with AT&T - Time Warner merger so i don't quite understand how it can be consistent to intervene in one vertical merger and not intervene in others..."

Excerpt from National Review -- "The problem, according to Lukianoff and Haidt, is that the university’s commitment to truth is steadily yielding to a commitment to social justice. When some assertion about the way the world works conflicts with the reigning political beliefs, Coddling shows, it is increasingly, dangerously common for the offending views to be censored or shouted down rather than refuted with better evidence and sturdier logic."

Excerpt from The Cocktail Lovers Magazine -- "Luxury in its purest form is a good company with heritage and pure product that delivers quality -- that's the same in any industry. These true luxury companies are very much consumer or service experience driven and want to maintain very high quality product."
 

Excerpt from Axios -- "'It's a little standoff going on here between him and debt-holders trying to figure out who's gonna blink first,' said Herb Kleinberger, a professor at NYU's Stern School of Business."

Excerpt from the Financial Times -- "'Compensation in the old investment banking partnerships was based on low salaries with no guarantees, but a healthy bonus for individuals who were seen to be pulling their own weight,' he says."

Excerpt from the Financial Times -- "'Following the changes, buyers have much less incentive now to buy a larger, more expensive home,' says Professor Lawrence White, an economist at NYU."

Excerpt from CBC -- (1:35) "The fact that she hasn't been known to do it before is probably the most critical because it's a surprise."

Excerpt from SuperDataScience -- "As you understand and develop a data understanding or understanding of your data and you start asking better questions of your data, as you query it, as you choose to select different display types, as you choose to either aggregate or disaggregate your data, right? Are you going to show every point on a map or are you going to fill in just more geographic regions? Does that tell your story better? Dealing with the amount of data or density of your data is also very important. What level of grain are you going to show?"

Excerpt from Markets Media -- "'The most important thing is CxO-level involvement to link business thinking to AI instead of leaving it all to the CTO or business units to make it happen,' Dhar told Markets Media. 'Some of this requires harnessing the brains, skills, and experiences of the employees to define the potential projects they could be doing. The job of the CEO is to prioritize these potential initiatives.'"

Excerpt from the Epoch Times -- (translated from Chinese using Google Translate) "American economists Thomas Hout and Pankaj Ghemawat also investigated intellectual property issues in foreign companies in China, and the paper was published in the Harvard Business Review. 'Executives working in multinational companies in China privately admit that there is usually no benefit in filing a formal complaint or filing a lawsuit against compulsory technology transfer (in China),' they wrote."

Excerpt from Knowledge@Wharton -- (4:30) "...For Versace, is that any company of that size and heritage, because they have been in the market for so long, is always concerned about succession... Every family business is always thinking about succession and thinking that in the long term they may be losing out because they stayed too focused on this very narrow strategy. It was time for them to think how they are going to grow and expand and perhaps secure a future for the company for a much longer run."

Excerpt from The Washington Post -- "'This is a company that’s really predicated on emotion, pleasure, memory,' Schenkler said. 'Things that create a dissonance, psychologically, that can affect buying patterns. You can always just go to Amazon now.'"