Experience Stern | News & Events

Excerpt from The Washington Post -- "For 30-year-old Adam Teeter of Auburn, Ala., who will complete his business degree studies at Stern Business School in the spring, the competition was further research to help with his new start-up wine company, VinePair.com. Teammate Alex Reicherter, 30, of Westchester, N.Y., said he hopes to work in marketing for wine or spirits."

Excerpt from Slate -- "Brandon Fuller of NYU’s Stern Business School meanwhile suggests that rather than giving Detroit a share of existing EB-2 visas, as Snyder is suggesting, the federal government should make additional visas available for state-based programs."

Excerpt from Kentucky.com -- "Haidt writes that one way for conservatives and liberals to better understand each other is by focusing on the way they perceive and balance six basic moral concerns: care, liberty, fairness, loyalty, authority and sanctity."

Excerpt from The Wall Street Journal -- "Professor David Yermack of NYU’s Stern School found in a 2010 study that the first lady’s wardrobe choices could not only boost stock prices of associated companies, but, on average, a public appearance in a brand’s clothing was worth about $14 million."

Excerpt from Moneylife -- "'When there is rain, umbrellas become expensive. But when there is no rain, nobody cares about the umbrella and the prices are low. The case of Liquidity is similar', says Professor Yakov Amihud, Ira Rennert Professor of Entrepreneurial Finance at the Stern School of Business, New York University."

Excerpt from MeJudice -- "My concern is that the debt-fueled growth in China, especially of the last five years, is coming to, I wouldn't say a screeching halt, but it's coming to a significant slowdown."

Excerpt from Bloomberg TV -- "Amazon, right now, is the Tony Soprano of ecommerce. They're showing up and saying, 'Do you want protection for your brand? And if the answer is yes, you need to pay us one way or the other.' When L'Oreal starts advertising on Amazon, the Kiehl's product magically gets cleaned up and the pricing and the discounting goes away. But if you do not want to play with Amazon, then, like I said, the marketplace takes over, and it can get really ugly really fast."

Excerpt from Financial Times -- "There is 'no evidence' that copycat strategies based on 13F disclosed positions provide any benefit to long-term investors, according to a recent paper by Stephen Brown, a finance professor at New York University’s Stern School of Business, and Christopher Schwarz, an assistant professor of finance at the University of California."

Excerpt from Bloomberg -- “'There is strong evidence to suggest that when news becomes public about something wrong in a market, such as collusion, there is immediate and often permanent change in market outcomes,' said Abrantes-Metz, whose 2008 paper 'Libor Manipulation' helped spark a global probe of attempted rigging of interbank borrowing rates. 'What you are finding seems to be consistent with this evidence.'”

Excerpt from City Journal -- "Across the world, public safety is the most important task facing city governments. In many poor countries, crime holds back the kind of urbanization essential for economic development."

Excerpt from HuffPost Live -- "'What is not surprising is that when you make a big change in the way things are organized, there's a lot of bumps along the road until you find a new path,' Spence said."

Excerpt from CNBC -- "'I worry that this is going to be a gradual process and China is not going to rebalance fast enough, compared to what is desirable and optimal, and therefore the risk of a potential hard landing have not been totally, actually cleared yet,' he said."

Excerpt from The Wall Street Journal -- "Haidt reports on the following experiment: after determining whether someone is liberal or conservative, he then has each person answer the standard battery of questions as if he were the opposite ideology. So, he would ask a liberal to answer the questions as if he were a 'typical conservative' and vice-versa. What he finds is quite striking: 'The results were clear and consistent. Moderates and conservatives were most accurate in their predictions, whether they were pretending to be liberals or conservatives. Liberals were the least accurate, especially those who describe themselves as "very liberal." The biggest errors in the whole study came when liberals answered the Care and Fairness questions while pretending to be conservatives.'"

Excerpt from The Guardian -- "Regular commerce, too, used to be based on trust, notes Arun Sundararajan, a professor of information, operations and management sciences at New York University's Stern School of Business, who recently testified at the first hearing of the US Congress on the sharing economy. 'You traded with people within your group. Today, we're replicating that on scale in the sharing economy. Over time we've built up a commercial infrastructure of licenses and so on which, for example, makes staying in a hotel a small risk. We're still in the early stages of that kind of infrastructure being developed for the sharing economy.'"

Excerpt from The New Yorker -- "But, if wealth fostered happiness, it appeared to drain meaningfulness. Between ninety-five and a hundred per cent of the respondents from poverty-stricken Sierra Leone, Togo, Kyrgyzstan, Chad, and Ethiopia reported leading meaningful lives. Only two-thirds of the respondents in Japan, France, and Spain believed their lives had meaning."

Excerpt from CNBC -- "The most effective activities are those where people have to work interdependently and rely on each other in order to achieve the outcome, said Beth Bechky, a professor of management and organizations at the New York University Stern School of Business. One of her favorite exercises is to have teams build tents together blindfolded. It's a good task, she said, because they realize it's only possible to do this as a team, and they have to rely on each other in intimate ways."

Dstillery, the pioneer in audience targeting for brands, will host a half-day symposium dedicated to exploring the impact of the data science revolution on the digital advertising ecosystem. Co-host for the event is the NYU Stern Center for Business Analytics (CBA), a cutting edge research center at the forefront of data and analytical thinking. The second annual Advertising and Data Science Congress (ADS*CON) will feature leading thinkers in industry and academia addressing the dramatic impact of data science on advertising.

Excerpt from San Jose Mercury News -- "One expert isn't convinced Icahn has much of a chance. Shareholders, said Scott Galloway, professor of marketing at NYU Stern, don't revolt over 'financial engineering.' Apple reports earnings Monday and Cook may address Icahn's proposal."

Excerpt from Forbes -- "A brilliant study by economists from the Stern School of Business and Harvard Business School, Alexander Ljungqvist, Joan Farre-Mensa, and John Asker, entitled 'Corporate Investment and Stock Market Listing: A Puzzle,' offers confirmation. The study compares the investment patterns of public companies and privately held firms. It turns out that the lag in investment is a phenomenon peculiar to public companies."

Excerpt from Bloomberg -- "They're going to have to figure out a way to raise prices across a segment of consumers. They're going to start segmenting their high-end consumers and charging them more."

Excerpt from Bloomberg -- "If anything, the concerns raised are, did he go too far? Did he push the envelope in a way that he is going to offend the hardliners and maybe cause some instability in Iran? Iran has an economy of 80 million people. It's diverse. It has a civil society. Women are educated. It's a place that doesn't work well with a theocracy."

Excerpt from Project Syndicate -- "Labor-saving technology and shifting employment patterns in the global economy’s tradable sector are important drivers of inequality. Routine white- and blue-collar jobs are disappearing, while lower-value-added employment in the tradable sector is moving to a growing set of developing economies. These powerful twin forces have upset the long-run equilibrium in advanced economies’ labor markets, with too much education and too many skills invested in an outmoded growth pattern."

Excerpt from Bloomberg -- "The worst of the crisis is behind us in terms of financial risk...However, I would say growth is going to improve in advanced economies, better in the US and UK, still weaker in the eurozone and Japan. I don't think that growth in advanced economies is going to be above potential. It's going to be better than the last few year, but still barely at potential."

L2's clinic aims to push brands’ understanding of Amazon beyond a mere platform for official or unofficial distribution, and will feature academics, industry practitioners, competitors, brands and equity analysts. They will also consider Amazon’s next moves in digital as it enters the luxury space.

Excerpt from Poets & Quants -- "In reflecting on 2013, the entire year was a continuous cycle of change for me; new teams, new brands, new relationships, strong businesses, difficult businesses, new processes, a lot of learning, and even more listening."