Experience Stern | News & Events

Excerpt from Economic Times -- "The aggregators provide a valuable service and cannot be written off so easily, says Anindya Ghose, Heinz Riehl Chair Professor of Business at New York University’s Leonard N Stern School of Business. There might be issues but these intermediaries have a significant brand recall and brand affinity. 'At the end of the day, most of the aggregator apps have a heavier hand and have the ability to dictate terms, at least to the institutions in the mid and low end of the spectrum.'"

Excerpt from BBC Capital -- "Although it’s good to be mindful of seasonality, you should pay closer attention to concrete evidence, like growth potential for a company and how profitable it’s been over the last year, says Haran Segram, a clinical assistant professor of finance at New York University. 'I’m a firm believer in the fundamentals of a stock – the cash flow, the risk and growth, rather than the particular month to invest,' he says."

Excerpt from Bloomberg-- "Yet even with the political and trade headwinds, the new digital economy, services and higher value producers could keep China on track to join the ranks of wealthy nations, said Spence. 'A trade war expanding to technology and cross border investment will slow China down — and not just China — but not probably derail this progress,' he said."

Excerpt from the The New York Times -- "...the fourth effect is that 'technology may replace specific tasks rather than entire jobs — leaving substantial room for human employment in jobs that will be changed by worker’s having a new tool at their disposal.'"

Excerpt from CNBC -- (0:12) "I am definitely optimistic about Lyft. I think it is priced at a modest range, the 15 to 20 billion dollar range. They are stable, they are founder-led. They haven't really inflated their valuation to the point that Uber has. They have got some really good strategic partnerships with Waymo, with DD, with GM."

Excerpt from Macro Voices --"We are in a benign cycle. We are now just about nine years into it, the longest, by far now, since the modern economic period. It’s not likely that we will leave that for at least 6 to 12 months."

Excerpt from the The New York Times -- "The part of the digital revolution that I have been waiting for, that I haven’t seen kick in in the United States, is the large platforms enabling opportunities for individuals who may not have high-tech skills."

Excerpt from the The New York Times -- "Will Tesla become profitable enough to justify its current price? Professor Damodaran believes its shares are grossly overvalued. 'But it’s hard to know with a young company,' he conceded, adding that Tesla is 'a risky proposition but not an impossible one.'"

Excerpt from Stamford Advocate-- "'Recognizing revenue prematurely, particularly over numerous years — as appears to be the case here — is generally viewed as a serious accounting error,' said Stephen Ryan, a professor of accounting in New York University’s business school. 'This is suggestive that there were not very good internal controls.'"

Excerpt from Poets & Quants -- "'In terms of when we first started the program and the changes that we see, over the years not only the content has changed,' Lee says. 'Yes, we’ve changed our content where analytics is something that’s really also changing. We have obviously a really set tool kit or fundamentals that we do teach. But our curriculum has changed over the years by adding a series of hot topics on things that have been really relevant in the marketplace.'"

Excerpt from AdAge -- "A new report from the NYU Stern School of Business and the Tent Partnership for Refugees examined purchase behavior for brands that hire refugees, deliver services to refugees or source from refugee businesses, and found that Americans are more likely to buy from such retailers."

Excerpt from Bloomberg-- "This incredibly thought-provoking book describes the negative impact that social media and overparenting are having on today’s youth. It made me reflect on my own actions, as both a CEO and a parent, and what ways I’ve contributed to today’s 'safetyism' culture. Its core message has stayed with me—and has led me to develop new ways to drive innovation and smart risk-taking at the office, while also helping me to encourage independence and resilience with my children at home."

Excerpt from Quartz -- ""While high-end restaurants and hotels with brand recall could still exist off these platforms—even if it may not be the most lucrative option—'Ola and Uber drivers are entirely reliant on their respective platforms to earn their revenues,' said Anindya Ghose, the Heinz Riehl professor of business at New York University."

Excerpt from Poets & Quants -- "As for an international experience, more than 95% of alumni from NYU’s Stern School of Business reported having at least one impactful international experience — more than any other school."

Report from the Tent Partnership for Refugees and NYU Stern demonstrates that when brands support refugees, American consumers – particularly millennials – are more likely to purchase their products.

Excerpt from the The New York Times -- "Later in the day, the couple arrived at the Stockholm Concert Hall for a different kind of reception, one filled with celebratory applause and presentation speeches, a diploma and a medal that His Majesty, the King of Sweden, gave Mr. Romer, who is a co-recipient of the 2018 Nobel Memorial Prize in Economic Sciences."

Excerpt from CNBC -- "'In other words, the typical endowment fund would have earned substantially higher returns if its trustees had followed a simplistic investment strategy of holding 100 percent Treasury bonds and taken no equity market risk whatsoever,' economists Sandeep Dahiya and David Yermack wrote in a new paper."

Excerpt from the Pensions & Investments -- "Stephen Choi, the Murray and Kathleen Bring professor of law at the NYU School of Law and director of the Pollack Center for Law & Business, in a news release called the uptick in enforcement actions a 'dramatic comeback' for the SEC. 'While we often see end-of-year upticks, the number of actions filed in the second half of fiscal year 2018 was more than triple the number filed in the first half of the year,' he said."

Excerpt from CGTN -- "'IPO would give them greater visibility, it’ll be a known name in the United States once it goes public here, so it’ll raise to the profile of Alibaba – perhaps not to the same market cap – but it’ll give them great, positive publicity in the United States,' finance professor at NYU Stern, Haran Segram said."

Excerpt from mbaMission -- "Students with whom mbaMission spoke reported being consistently impressed by his capacity to make the complex simple in the classroom, stating that Brandenburger is able to take the 'complicated, theoretical and intangible' world of game theory and make it 'easy to understand and practical.'"

Excerpt from CityLab -- "In Indonesia, they have small urban enclaves, called kampungs, where local residents set minimum standards for housing. The city doesn’t interfere—they just connect up the infrastructure. In practice, most kampungs allow for a lot of small units, giving more people choice in terms of housing size and proximity to employment centers. Both are important. Residents need to earn an income and eventually find a better job. To do that, they have to have housing that they can afford in a location that is convenient to find jobs."

The number of new U.S. Securities and Exchange Commission (SEC) enforcement actions against public companies and subsidiaries jumped substantially in the second half of FY 2018, according to a report released today by the NYU Pollack Center for Law & Business and Cornerstone Research.

Excerpt from Barron's -- "Robert Seamans, a professor of management and organizations at NYU’s Stern School of Business, told Barron’s he was encouraged by the intent of the meeting. But he pointed out the need for educators and venture capitalists to attend such meetings since most innovation in the U.S. comes from universities and lab settings. He’s also concerned the U.S. is losing top-notch A.I. researchers to Canada and U.K. because of the Trump administration’s immigration policy."

Excerpt from NBC News-- "'I think there will always be a place for an annoying human being to call you,' she said. 'When you have a human being on the line, you do have a much greater opportunity of making a sale. And the telemarketing industry knows that.'"

Excerpt from BBC -- "...he says the way to resolve what has become a tortured public debate over whether Ms Sandberg should stay or go is simple: Fire Mark Zuckerberg as well. 'It is unfair that now everyone is calling for her head,' he says. 'The appropriate response is to call for the head of the CEO and the COO.'"