Experience Stern | News & Events

Herb Kleinberger delivered a presentation on "Retail 2020" at the National Retail Federation's 101st Annual Convention and Expo, held January 16-17 in New York City. The whitepaper discusses the future of retailing and outlines the implications for retailers today.

Excerpt from The New York Times blog -- "Haidt is sharply critical of some aspects of liberalism. Liberals’ determination to help victims often leads them 'to push for changes that weaken groups, traditions, institutions, and moral capital.'"

Excerpt from Bloomberg -- “The transaction is a net positive for all parties, but consolidation in the sector is reflective of the significant challenges in the industry." Additional coverage appeared in Vancouver Sun and BusinessDay.

Excerpt from The Huffington Post -- "Evolutionary theories impact our thinking about economics implicitly and explicitly, as occurred when Robert Frank called his new book on the current financial contraction, 'The Darwin Economy.'" Additional coverage appeared in The Daily Beast, Texas Public Radio and Princeton University Press blog.

Excerpt from Reuters blog -- " ... these artists have almost nothing in the way of a long-term auction history, they’re not going to be showing up in the Mei-Moses art index for a while. That requires paintings to have been sold twice. But when that happens, we’re going to have some very crazy results." Additional coverage appeared in Artinfo and RT.com.

Excerpt from The Huffington Post -- "This is good for the European Union, and it is also good for the rest of the world. The United States would like the Europeans to take more seriously their own crisis and deal with it."

Excerpt from Project-Syndicate -- "Most societies have important economic and social objectives that markets and competition are not designed to achieve." Additional coverage appeared in CNN blog, Today's Zaman, The Daily News Egypt, Gulf-Times.com.

Excerpt from The Guardian -- "We are far better at doing what seems the right thing to do based on the behaviour of those around us than figuring it out on our own. Jonathan Haidt ... is a respected advocate of intuitionism, as is Mark Earls at Herd, here in the UK." Additional coverage appeared in CSWire.com.

Excerpt from Business Insider -- "There is literal disgust and moral disgust, and the two overlap. Betrayal, hypocrisy, certain kinds of baseness trigger the brain's moral response."

Excerpt from The Economic Times -- "Like the founders [of Warburg Pincus] John Vogelstein and Lionel Pincus, the current co-heads prefer to let the firm's investment returns do the talking."

Excerpt from Accepted.com -- "I decided to attend NYU Stern because I was in love with the community from the moment I walked in the door. While NYU Stern is highly ranked, there is a down to earth feeling that permeates the community." Additional coverage appeared in BSchoolAdmissionsFormula.com.

Excerpt from Bloomberg TV -- "There will be effects over time. The immediate effect has been small but I would expect that with the downgrade of the EFSF there will be effects further down the line."

Excerpt from Bloomberg -- "Clarkson is deservedly popular in families with preteens. But maybe she is also a Republican prophetess. Her songs seem to capture the dynamic of the party’s struggles this campaign." Additional coverage appeared in the San Francisco Chronicle, Chicago Tribune and The Washington Post.

Excerpt from MoneyControl.com -- "I think for India the principle risks, as they are for most other highly successful large emerging economies, are external. So there is some growth slowdown, but that's being induced primarily by the external slowdown in the advanced countries and the uncertainty surrounding Europe." Additional coverage appeared in Business Standard and TrumanFactor.com.

Excerpt from Bloomberg -- “To the extent that banks create a systemic risk, I think it makes sense that they be taxed for creating it." Additional coverage appeared in Bloomberg Businessweek.

Excerpt from Slate -- "We evaluate differences in investment behavior between stock market listed and privately held firms in the U.S. using a rich new data source on private firms."

Excerpt from The Paramus Post -- "Cassidy Turley, a leading commercial real estate services provider in the U.S., today announced that Vice President, Principal Andrew Houston was recently honored with the Rising Star Award from NAIOP New Jersey for his outstanding service to the organization."

Excerpt from The New York Times Dealbook blog -- "Mr. Lao is the co-founder of Rickshaw Dumpling Bar, a Manhattan restaurant that has been serving up dumplings since 2005. This week, Rickshaw was invited to sell its dumplings inside Goldman’s cafeteria ... "

Excerpt from MoneyShow.com -- “The US economy is improving. It’s improving very slowly. Ultimately the trend is in the US’s favor.”

Excerpt from Toledo Blade -- "Kids on stage really lift the performance in so many ways. Creatively, when we have 10 to 12 local kids who can perform that role, it just brings such richness and joy to the production."

Excerpt from TVbytheNumbers -- "'Portlandia' is a truly unique comedy that defines our vision for IFC."

Excerpt from L2 Think Tank blog -- "Aswath Damodaran presents a thoughtful presentation on Acuras versus Ferraris, Rolex versus Canal Street fakes and other comparisons in valuing luxury brands at the L2 Innovation Forum."

Excerpt from Project-Syndicate -- "There will be a significant fiscal drag in 2012, and political gridlock in the run-up to the presidential election in November will prevent the authorities from addressing long-term fiscal issues." Additional coverage appeared in TodayOnline.com, CBS News, Slate, Retirement Income Journal and Council on Foreign Relations blog.

Excerpt from Reuters -- "'Investors anoint a new hedge fund demi-god all the time,' said professor Jim Liew, who teaches hedge fund strategies at New York University's Stern School of Business. 'But they are bound to be disappointed because the rule of thumb is that a manager who can be up 40 percent one year can be down 40 percent the next. They are absolutely human.'"