Experience Stern | News & Events

Excerpt from WIRED -- "Aswath Damodaran, a professor of finance at the Stern School of Business at New York University and an expert in market valuations, says that Tesla's rise in the last six months can largely be attributed to one single thing: Musk has been uncharacteristically quiet."

Excerpt from The New York Times -- "A new paper, Hedging Climate Change News, from a group of professors at New York University’s Stern School of Business and Yale’s School of Management concluded that creating the best portfolio to mitigate climate change required investors to put money into green strategies but also into existing, non-green companies."

Excerpt from Investor Place -- "'Under the leadership of Steve Jobs, Apple became a famous tech company for harnessing its disruptive innovations to [drive] explosive performance, particularly [in] its iPhone and iPad products,' says Ginsberg. 'In contrast, under the leadership of Tim Cook it has become a stable, market-leading company that now continuously adds incremental innovations to their current product lines.”'

Excerpt from Real Vision Finance -- “'It boils down to experience. Making mistakes, it’s important to make mistakes…You learn through your mistakes, and in a domain like this you can make lots of mistakes, because it’s treacherous, it’s a noisy kind of problem…every bone in your body should be telling you to figure out what’s wrong with something that seems to work because most things should not work…so there’s really no substitute for experience.'”

Excerpt from Yahoo News -- Paul Hardart, a former Warner Bros. executive and current head of the Entertainment, Media and Technology Program at NYU, agreed, saying the 'key metric' for services 'remains subscriber acquisition and retention'; this is an 'implicit reflection of utility,' Hardart added."

Excerpt from MarketScale -- “'Now in that market, Sprint and TMobile occupy a much bigger place than they do in the standard retail market because they’ve been more aggressive, they’ve been looking out to see opportunities for resale, and one of the reasons why they’ve been more aggressive here is, in a sense, they have less to lose in the standard retail market because they are smaller players in the standard retail market.'"

Excerpt from BisNow -- "'Fewer immigrants will be able to afford the higher minimum investment levels,' said NYU Stern School of Business Scholar-in-Residence Gary Friedland. 'But the increased minimum investment amounts will require fewer investors to raise the same amount of EB-5 capital."'

Excerpt from TRT World -- “'We have a very successful elite coming to grips with the fact that globalization and economic openness is not as popular as it has been before, and so companies and leaders are struggling to demonstrate to the world that they’re taking environmental, social and other responsibilities seriously.'”

Excerpt from The New York Times -- "There are signs that in the places most exposed to the trade war — particularly Wisconsin and other Midwestern states — those effects have spread beyond the industrial sector and begun to affect consumers. In a recent working paper, Michael E. Waugh, an economist at New York University, found that automobile sales were growing significantly more slowly in the counties most affected by the tariffs than in the rest of the country. Those places have also seen slower job growth in their retail sectors."

Excerpt from Business Insider -- "Tech companies are coming for the healthcare industry’s lunch. That’s according to Amy Webb, a quantitative futurist and professor of strategic foresight at New York University Stern School of Business. When Business Insider asked Webb for a prediction she expects to happen that most others don’t think will happen, her response turned to the relationship between big tech companies and healthcare."

Excerpt from Business Standard -- "Nouriel Roubini, Professor of Economics at Stern School of Business, New York University shared his insights on global economic challenges in a session entitled 'Global economic challenges of our times'. He noted that the short-term outlook for advanced economies and emerging markets are mixed, but there are long-term economic challenges that most countries may face. He discussed how markets may be under-pricing geopolitical risks associated with the US election in November and the toxic political environment resulting from the impeachment process."

Excerpt from The New York Times -- "Jonathan Haidt, a professor at NYU’s Stern School of Business, offered a similarly nuanced examination of how the balance between tribalism and openness might play out. Tribalism, he wrote by email, 'is not a mindless and eternal “us versus them” mentality. It is a set of psychological adaptations that make people respond to threats and intergroup competition with an urge to band together, enforce loyalty to the team, and guard boundaries or territory.'"
 

Excerpt from Barron's -- “'I don’t think they’ve innovated as much…online deliveries, both UPS and Amazon, have better online delivery. I would argue that the senior management there has spent more time on tax avoidance than on actual innovation, and also they have a competitor, and this is the danger of a monopoly, that can build out a fulfillment network and then monetize it in another business.

Excerpt from Robb Report -- "'It’s a very efficient way to very quickly raise a large amount of cash,' Andrew Hinkes, an attorney specializing in digital currency at Carlton Fields and an adjunct professor at NYU’s School of Law and Stern School of Business, told Robb Report. 'It’s a classic story of time, value, money. Would you rather wait to have your money or would you rather have your money now and see if you can invest it in a way that ultimately benefits you?'”

Excerpt from Quartz -- “'Somehow the focus is typically on the negative impact of (the) so-called predatory pricing on smaller kirana stores but rarely on increased choices to consumers or increased convenience accruing to consumers,' said Anindya Ghose, the Heinz Riehl professor of business at New York University’s Stern School, told Quartz."

Excerpt from The Hill -- "Experts who spoke to The Hill said those changes were insufficient to make a serious dent in the fake accounts and disinformation they say are rampant on Facebook. 'The volume seems inadequate given the scale of the challenge that Facebook faces,' Paul Barrett, an adjunct professor at New York University said."

Excerpt from Wall Street Weekly Podcast -- “‘Now if you look at communities I think it’s important to recognize that oftentimes communities care about how a very large investment affects their wellbeing, more on economic dimension, oftentimes they care about inequalities or affects on inequality. I’ve talked to many community members and community leaders who will emphasize, oftentimes at the very beginning of our conversation, that the one thing that they are worried about the most, with a big mining investment, is that it will increase inequality within the community.’”
 

Excerpt from GARP.org -- "Peter Henry, W.R. Berkley professor of economics and finance at New York University's Stern School of Business and adviser to Protiviti, said three scenarios of concern are: A major policy mistake by central banks, specifically one that is overly aggressive and triggers inflation; intensification of the global trade war that increases economic uncertainty and lowers the corporate appetite for fixed investment; and a limited, or lack of, recovery in the economies of large emerging markets that puts a damper on the global economy."

Excerpt from Zuora Podcast -- "This is not a new problem–the fact that GDP isn’t capturing some of the progress and the real value creation from technological progress. Take your use of Google. There’s a certain amount of advertising revenue that is generated from your use of Google or my use of Google, but that’s very different from the value that it is creating for you and me from having this ability to search for anything and access the world’s information."

Excerpt from The Economic Times -- “'Death of active fund investing is long overdue. It is getting exactly what it deserves. For the most part, it is lazy and inefficient. I will shed no tears for active portfolio managers who get wiped out by ETFs and index funds, because many of them deserve to be wiped out,' he said."

Excerpt from NBC News -- “'The stock market is driven by the aggregate of investors’ expectations about future profitability,' said Lawrence White, an economics professor at New York University's Stern School of Business. Although the Dow perhaps is the most recognizable character in the collective market narrative, White said, he pointed out that professionals view other indices, such as the much larger S&P 500, as a better barometer for gauging economic growth."

Excerpt from The Wall Street Journal -- "But those companies have other ways to get consumer data. Credit-card companies, for example, track spending on e-commerce sites and sell that information, according to Manini Madia, adjunct professor of retail and marketing at New York University."

Excerpt from British Psychological Society -- "This, it turns out, is a classic example of a bias, dubbed the overestimation bias, revealed in a new paper, published in the Journal of Experimental Psychology. In a series of studies involving thousands of participants, Minah Jung at New York University and colleagues found that we over-estimate how much other people will enjoy, pay for or wait for a desirable experience or object."

Excerpt from Inside America's Boardrooms -- “‘…government is no longer taking a leadership role in a lot of societal challenges and that increasingly, people are holding business accountable for leadership around societal challenges, and that employees, the Millennials and Generation X, want to work for companies who are purposeful, they want to have meaning in their life, and we’re also seeing that those companies that have a broader stakeholder orientation, where they are aiming towards having a broader purpose, do have longer staying power and potentially and hopefully better returns for shareholders.’”

Excerpt from ValueWalk -- "About emails: clicking through your inbox may seem an un-taxing way to start your work day, but it’s a productivity killer. According to New York University’s Adam Alter, author of 'Irresistible: The Rise of Addictive Technology and the Business of Keeping Us Hooked,' it will take you 25 minutes to get back into the zone after you’ve muddled your mind with a mixed bag of assorted emails."