Experience Stern | News & Events

Excerpt from The New York Times -- “'These funds have a lot of money and push money out into whatever looks hot,' said Alexander Ljungqvist, professor of finance at New York University. 'It’s like throwing spaghetti at the wall and seeing what sticks.'”

Excerpt from Bustle -- "According to business professors Gavin Kilduff (New York University) and Adam Galinksy (Columbia Business School), the way individuals feel or act upon entering a group setting will shape their long-term status in it. Those who start off confident will be more assertive, and thus appear more able — which in turn will lead to higher regard among group members going forward, the business profs says."

Excerpt from Bloomberg -- "More broadly there is this Thomas Philippon paper finding that "the finance industry of 1900 was just as able as the finance industry of 2010 to produce loans, bonds and stocks, and it was certainly doing it more cheaply."

Excerpt from Forbes -- "Arun Sundararajan, who teaches at NYU’s Stern School of Business, recently announced he is compiling statistics on this leaner, more efficient kind of consumption. He hopes to release his findings later this year."

Excerpt from American Banker -- "'The finding was that approximately half a percent of all borrowers shifted their behavior toward this payoff that would allow them to pay off within 36 months,' says Johannes Stroebel, an NYU assistant professor of finance who worked on the study."

Excerpt from GQ Australia -- "Meet the Australian TED-talker, NYU professor, occasional Apple designer and 'disruptive thinker' transforming staid industry practices to achieve success."

Excerpt from Harvard Business Review -- "In globalization’s heyday, strategic sectors—those in which governments take an active interest—and nonstrategic ones were easy to identify. Multinational companies could enter some industries, such as soft drinks, all over the world; other sectors, such as aircraft manufacturing, were off-limits. That’s why Coca-Cola sells its products in more than 200 countries today, while Lockheed Martin generates 80% of its revenues from sales to the U.S. government and employs 95% of its workforce in the United States. In the new era of guarded globalization, however, any sector could prove to be strategic, depending on a government’s attitudes and policies."

Excerpt from BizEd -- "We bill LAUNCH as 'An Education in Possible,' which is the essence of our mission. For us, LAUNCH has become both noun and verb. As an event, it is the beginning of our MBA students' experience at Stern; it is also an active process that propels students onto a trajectory to explore how they can become more transformative leaders."

Excerpt from Marketplace -- "New York University management professor Anat Lechner previously worked at consulting heavyweight McKinsey & Company and still consults through her own firm alongside academic work. She says hiring non-traditional consultants can be a smart move bringing fresh perspective, but that firms also need to be careful in how they seek and use advice from advisors in a totally different industry."

Excerpt from Project Syndicate -- "The outlook for 2014 is dampened by longer-term constraints as well. Indeed, there is a looming risk of secular stagnation in many advanced economies, owing to the adverse effect on productivity growth of years of underinvestment in human and physical capital."

Excerpt from Fox Business -- "This particular thing they're suing over isn't really at the center of the Volcker Rule. The center is proprietary trading and that's done."

Excerpt from Forbes -- "Look now for Ahrendts to bring her tech-enhanced fashion acumen to Apple, which could mean an expansion of the brand to apparel and accessories such as handbags, jewelry and watches, said Scott Galloway, founder of digital think tank L2. It’s all part of Apple’s unstated bid to be the global prestige brand of record, Galloway told me in October."

Excerpt from The New York Times -- "Last week I lingered over an excellent book, 'The Righteous Mind: Why Good People are Divided by Politics and Religion,' by the social psychologist Jonathan Haidt. Published in 2012, it plumbs the relationship between emotion and reason."

Excerpt from Reuters -- "The bottom line: the Saudis are actively competing with Iran for influence throughout the Middle East. That's why the Saudis have the most at stake from any easing of sanctions on Iran, any normalization of relations with the West, or any nuclear breakthrough that gives Iran the ultimate security bargaining chip."

Excerpt from Bloomberg Businessweek -- “'It allows you to get more out of the same capital -- or the same out of less capital, less input, less labor,' said Sundararajan, who teaches at the Stern School of Business and is among the first to begin studying the so-called sharing economy."

Excerpt from TIME -- "Haidt, a secular liberal, explores social-science findings that educated, upper-middle-class Americans are the most extreme moral outliers in the world. That is, the moral framework they impose on human thought and behavior is radically alien to the moral perceptions of the overwhelming majority of humanity. This doesn’t make them wrong, but it does make them extremely unusual."

Excerpt from Forbes -- "Forty percent of women globally don’t have enough iron, a leading cause of anemia... While studying at NYU Stern School of Business, Matthew Edmundson and Jennifer Tsai decided to try to make a dent in the problem–specifically, in the matter of maternal anemia."

Excerpt from Analytics Week -- "We looked at active twitter accounts who are influential thought leaders as per Kred, Klout and PeekYou. Then, we searched for certain keywords in twitter and captured twitter suggestions for accounts on those specific keywords."

Excerpt from Bloomberg -- "To test the case for Bitcoin as a currency, Yermack compared it against the three major characteristics of money: that it serves as a medium of exchange, a unit of account and store of value. On this test, Bitcoin increasingly serves as a medium of exchange because more companies accept it, Yermack said. Where it fails is as a unit of account and store of value, he said."

Excerpt from The Aggregate -- "Today this brand extends to Naked Cowboy Oysters and approximately eight other Naked Cowboys and Cowgirls, or franchisees who, according to NPR, pay $500 a month or $5,000 a year for the privilege. As a franchiser, the Naked Cowboy is collecting money in exchange for other performers to adopt components of his likeness — the Stetson, the guitar, and the near-nudity. Joel Steckel, a professor of marketing from NYU’s Stern School of Business, explains that a 'franchise is essentially a head start in running a business.'”

Excerpt from Voice of America -- "Anyone investing in the markets is investing for longer term, so what happens in the short term nobody can say. But in the longer term, if we believe in America, we believe that this is a reasonable way to invest your money."

Excerpt from Council on Foreign Relations -- "The 2014 global economy is likely to see a reemergence of the post-crisis pattern of relatively high growth in the developing economies, a continuation of real growth in the United States, and very low growth in Europe."

Excerpt from The New Yorker -- "For each point of C.E.O. attractiveness on the ten-point scale, a company gained, on average, a one-percent boost to its stock price. This suggests that the benefits of attractiveness radiate far beyond a single individual. Research suggests not only that attractive people enjoy higher incomes but that the shareholders who invest in their companies profit as well."

Excerpt from ABC.net -- "So, what is happening in China is that the banks are taking a lot of risk; they've made loans to municipal governments and state-owned enterprises which are, by all reports, largely non-performing, many of which have gone into feeding a real estate bubble and, what is most likely to happen in China is that there will be big reforms and the Chinese government will pump a lot of money into the banks to clean up their balance sheet."

Excerpt from Bloomberg Businessweek -- "In backing the banks so fulsomely, though, Bove is staking out a lonely corner of the bookshelf. 'It seems to me like he’s fighting an uphill battle,' says Thomas Cooley, the former dean of New York University’s Stern School of Business. 'Probably Jamie Dimon will give it to everyone on his Christmas list.'”