# Profs. Alexi Savov and Thomas Philippon's research on stock prices is highlighted

1 Faculty News December 11, 2013 ![The New York Times Logo](/sites/default/files/styles/246w/public/assets/images/uat_027320.jpg?itok=W8xBr66g)>

Excerpt from [The New York Times](http://dealbook.nytimes.com/2013/12/11/soothing-words-on-too-big-to-fail-but-with-little-meaning/?hpw&rref=business&_r=0) -- "Research by Jennie Bai, [Professor Philippon](http://www.stern.nyu.edu/faculty/bio/thomas-philippon) and [Alexi Savov](http://www.stern.nyu.edu/faculty/bio/alexi-savov) shows that even as the differential between buying and selling stocks and bonds has fallen, prices aren’t better. Prices have displayed the same ability to forecast corporate futures steadily for the last 50 years."

[Read more](http://dealbook.nytimes.com/2013/12/11/soothing-words-on-too-big-to-fail-but-with-little-meaning/?hpw&rref=business&_r=0)