Experience Stern | News & Events

Excerpt from The Wall Street Journal -- "With the rise in crime, amplified by the rise of cable TV, we saw much more protective, fearful parenting. Children since the 1980s have been raised very differently—protected as fragile. The key psychological idea, which should be mentioned in everything written about this, is Nassim Taleb’s concept of anti-fragility."

Excerpt from BusinessBecause -- "'The potential appears to be enormous,' says Professor David Yermack, chair of the finance department at NYU’s Stern School of Business, which is putting together a new series of fintech courses, and which ran modules for MBA and executive students focused on the blockchain. 'The fintech curriculum will have to be taught at every business school, because students and employers will demand it,' David says."

Excerpt from Fortune -- "China simply cannot accommodate one of Walmart’s greatest strengths: an ultra-efficient and technologically advanced supply chain. The company did not anticipate that scaling up its business model there would present so many problems. Walmart’s struggles highlight the difficulties inherent in transferring a competitive advantage rooted in supply-chain efficiency—that is, logistics—to a country lacking a sophisticated technological and physical infrastructure."

Excerpt from TopMBA -- "Whelan expressed her belief that sustainability can no longer be relegated to the sidelines as she outlined NYU Stern’s objectives for the center: 'Through new corporate case studies, coursework, research and an ongoing dialogue with the companies that are leading by example, we aim to instill a different mindset in our students.'"

Excerpt from Forbes -- "In The Happiness Hypothesis Dr. Jonathan Haidt introduced the metaphor of the rider and the elephant. The NYU Stern School of Business professor said the human mind is divided into two parts that often conflict: the ‘rational’ or logical side of our brain (the rider) and the emotional side (the elephant). 'Like a rider on the back of an elephant, the conscious, reasoning part of the mind has only limited control of what the elephant does,' Haidt writes."

Excerpt from Bloomberg -- "I think you're going to see a couple dozen companies bid for this. This is a real asset that's been placed in the wrong hands. ... You have the chairman of the company now issuing press releases discussing their strategy and talking about how they've formed a special committee of the board."

Excerpt from AsiaOne -- "My research shows that the world is much less globalised than people think, and that people often blame problems on globalisation when their true root causes are mainly domestic. With regard specifically to materialism, I suspect that people may be confusing globalisation and modernisation."

Excerpt from The Daily Mail -- "Depending on location of the subway and the mobile user, people may be shopping for a slew of different items, largely influenced by their setting. ‘People at a crowded restaurant or stadium may focus on food, companions, or a game, rather than the ads,’ says Ghose."

Excerpt from Bloomberg -- "There are different ways of measuring liquidity (or illiquidity). The most obvious is to calculate the change in price per unit of trade volume. These estimates come in a variety of flavors. The best known, perhaps, is the Illiquidity Ratio, or ILR, devised by Yakov Amihud, a professor at NYU’s Stern School of Business."

Excerpt from Bloomberg -- "There's real value here. I mean, in an environment where one of the most difficult resources to capture is attention, you have an asset that, despite that it's declining fairly rapidly, it still is one of the most trafficked sites in the world. You couple that with tens of billions of dollars sitting on the sidelines from limited partners who want the general partners at private equity funds to put their capital to work. This asset is going to go at, I believe, a higher price than the market is expecting."

On February 19, 2016, the social enterprise student organizations of New York University’s Leonard N. Stern School of Business, School of Law, and Robert F. Wagner Graduate School of Public Service will host the Sixth Annual NYU Social Innovation Symposium (SIS).

Excerpt from Equities.com -- "[Savov] finds that for every 1.00% increase in interest rates, the rate banks pay on a typical savings deposit rises by just 0.34%. So, even a 2.00% increase in rates would translate into a relatively paltry 0.68% bump in what consumers would receive from the bank."

Excerpt from Bloomberg -- "Others, however, see the Silicon Valley move mainly as public relations: Allocating a tiny fraction of deals to the firms costs corporations next to nothing. 'It’s entirely cosmetic,' says Roy Smith, a professor of finance at New York University and a former partner at Goldman Sachs. 'It’s a sign of good behavior.'"

Excerpt from Bloomberg -- "[Google] does one thing and it does it really well. So I'm not going to underplay the fact that it's one of the most incredible cash machines known in corporate history. That said, nothing else that Google's done has added anything to that online advertising pie. So that's what we're going to be watching with Alphabet. Now that they've split out the rest of Google, we'll have to see whether there's any substance left."

Excerpt from Clear Admit -- "'Business schools are the place where the future business leaders learn—and we are at a phase in our global history where we need a new generation of leaders who adopt the idea that their businesses need to contribute value to society, not simply extract and deliver value to shareholders,' Whelan says."

Excerpt from Foreign Affairs -- "Confidence in the inevitability of Chinese economic dominance is unfounded. China is gaining strength but faces a long climb. The outcome of the U.S.-Chinese contest is far from clear and depends at least as much on how well Western multinationals and governments exploit their existing advantages as on China’s ability to up its game when it comes to the kinds of products and services that will define the twenty-first-century economy."

Today, the new Center for Sustainable Business at New York University’s Stern School of Business officially launches with $1 million in funding from the Citi Foundation to put its vision, a better world through better business, into practice.

Excerpt from Bloomberg -- "'Investors have a more challenging landscape because traditional strategies -- carry, momentum and value -- often tend to work best in a sustained-trend environment,' said Richard Levich, a finance professor at New York University’s Stern School of Business with research interests in exchange-rate forecasting. 'What we’ve had is a really choppy market, which has disrupted and upset some of the traditional trading models and caused a disparity of performance among managers.'"

Excerpt from Poets & Quants -- "'I think we’re at a moment in time where all business will need to take into account environmental and social issues risk management,' reasons Whelan. 'We’re going to have supply chain disruptions related to environmental and social challenges. We’re going to have energy disruptions and water disruptions. There’s going to be a set of environmental and social problems that will absolutely affect businesses if they’re not managing correctly for them.'"
 

Excerpt from Forbes -- "Many food, beverage, health and beauty aide, retail, furniture and hotel brands have come to the realization that smell, taste, sound, feel, texture, visual image and packaging all combine in the brain to create indelible impressions and enhance experiences. Optimizing them can lead to a 'wow' reaction and make the product, service, hotel or store memorable, buzz-worthy and stand out at the point of purchase."

Excerpt from Forbes -- "HueGroup’s new color platform has the potential to change the way color decisions are made, and there’s really no end to the possibilities of how it can be used. Because it so comprehensively covers all the most important questions about color, it should be a welcome and invaluable resource."

Excerpt from the Financial Times -- "A headline takeaway from our paper is that these broad credit expansions making it cheaper for banks to refinance themselves in the hope that they would then pass on that extra credit to households is not a particularly well-targeted policy in the sense that it doesn't seem to reach those households that want to borrow the most and that it disproportionately reaches wealthier, higher-creditworthiness households that don't want to spend a lot."

Excerpt from CNBC Africa -- "One of the things I believe in is continuous learning, and I chose to enroll in this program, which is offered by LES, the HEC Paris and NYU Stern. And it's been a great learning experience: 18 months, great class... In our class we have at least, definitely over 40 countries covered. And towards the end of the program, they polled the class, 'We're graduating, we're ending in February, what do we do after as a class? Which country could we visit to learn more about?' And the class chose Nigeria."

Excerpt from OZY -- "Sharing-economy companies like Uber and Airbnb, says NYU Stern business professor Arun Sundararajan, face a legal and governmental regulatory landscape that is 'much more complex.'"

Excerpt from BBC News -- "Klinenberg and Ansari cite social psychologist Jonathan Haidt on what he describes as the 'prototypical courses' of the two kinds of love - passionate and companionate. In less than six months the passion may fade, Haidt suggests - while the companionate nature of a relationship may not have grown sufficiently in strength."