Experience Stern | News & Events

Excerpt from NBC News -- "'This was a big fish,' Ginsberg said. Amazon would have created a 'positive loop — the ecosystem continues to grow new firms. Amazon would have been providing new sources of tax revenue in a city with crumbling infrastructure.'"

Excerpt from ETF.com -- "Dahiya and Yermack found that the performance of the typical endowment fund was so poor that it would have earned substantially higher returns if its trustees had followed a simplistic investment strategy of holding 100% Treasury bonds and taken no equity market risk whatsoever."

Excerpt from NPR -- "In other words, the Dunning-Kruger effect is people think they know more than they do or they underestimate what they don't know about a topic. And we see this all of the time at Thanksgiving dinner or on Twitter."

Excerpt from the The New York Times -- "'I believe investors will forgive even higher fourth-quarter losses if there's evidence of significant topline growth,' said Arun Sundararajan, a professor of business at New York University Stern School of Business."

Excerpt from BBC -- "I think it's unfortunate.... Having Amazon here would create even more business, and it would create business not only for the tech sector and keep the talent here that would otherwise leave and also, of course be more attractive to talent coming here versus other areas..."

Excerpt from BBC -- "Susan Stehlik, director of New York University’s management communications programme, suggests offices and teams use a technique called 'appreciative inquiry'. This means that the team sits down at the very initial stages of a project and brings up their individual needs, schedules and preferences right out of the gate to the group – ideally, so that the group can adjust accordingly."

Excerpt from the CNN -- "'The fashion industry is a primarily white industry,' says Thomaï Serdari, a luxury branding strategist who teaches marketing at New York University. 'There's a very small percentage of people of color in the industry, especially as brand owners or as executives of high level within these corporations.' ... 'Offending somebody in this obvious way shows something fell through the cracks," says Erdem. 'If you have the right culture, these mistakes won't occur or it will be very, very unlikely. To me, it does reflect that organizationally, it's not quite right.'"

Excerpt from Poets & Quants -- "When Amazon was just on the West Coast, the company was NYU Stern’s top employer two years in a row. While we may be disappointed not to have them right in our backyard, we will continue to nurture this very strong relationship regardless of their geographic location."

Excerpt from The Washington Post -- "In the best-selling 2018 book “The Coddling of the American Mind,” Greg Lukianoff and Jonathan Haidt note that young people are increasingly protected from all types of danger, physical and psychic. Children are discouraged from venturing alone out of the house by their parents, who also adjudicate their disputes with other children. The protection culture often deepens in college, with the proliferation of 'safe spaces' and 'trigger warnings' to allow avoidance of hurtful ideas."

Excerpt from My Quest for the Best -- “We want to think about what the key message is. We want to think about where we are within the industry range and where we’re exceeding it.”

Excerpt from Financial Times -- "Change is indeed on the way. But it cannot be left to happen. The cryptocurrency movement would reject that, because its roots lie in anarchistic libertarianism, as Nouriel Roubini of New York University argues."

Excerpt from USA Today -- "'There's social value in being sensitive,' said New York University marketing professor Henry Assael. 'I view it as a trade-off, as publicity for a minor league team that's not very well known latching on to a particular health issue versus possibly alienating some of their fans, because peanuts are a food traditionally associated with baseball.'"

Excerpt from Mundo Empresarial -- (translated from Spanish using Google Translate) "The main thesis defended by Ghemawat is that we are in a world in which globalization is still an important underlying trend, although the differences between the different countries and markets are maintained to a large extent, and this circumstance may persist for decades. It is what he calls the 'semi-globalization'."

Excerpt from Il Sole 24 Ore -- (translated from Italian using Google Translate) "Luca Petruzzellis (professor at the University of Bari and visiting the NYU Stern Business School), invites us to always start from the concept of reward, because the customer's decision-making process depends on the benefits gained from the buying experience. In other words: what does the consumer gain from shopping?"

Excerpt from Ad Age India -- "Be mobile friendly: there is a lot on the mind of the always-connected, always-on consumer. While balancing everything else that is going on, they expect companies to understand last-minute needs and cater to them seamlessly. This consumer, in return, will pay with loyalty. Amazon is a prime example. For the companies that want to win, get mobile right, be friction-free and use history to better understand the needs of this digital-savvy consumer."

Excerpt from Bloomberg-- "Aswath Damodaran, the guru of stock market valuation at New York University’s Stern School of Business, came to a similar conclusion via a different route, also finding that in aggregate it was hard to stand up the notion that stock buybacks are malign. His lengthy blog post on this is worth reading in full."

Excerpt from Harvard Business Review-- "According to social psychologist Dolly Chugh, author of The Person You Mean to Be: How Good People Fight Bias, when we aren’t sure whether an identity that feels important to us has been granted, our need for affirmation becomes urgent and intense."

Excerpt from De Standaard -- "Forty top economists support the decision of the European Commission to ban the merger between Siemens and Alstom. They warn of the misconception that mergers are needed to create European champions."

Excerpt from Headlines of Today -- "Geeta Menon is the 11th Dean of the Undergraduate College at New York University Stern School Business. Menon was listed as one of the most influential Global Indian women by The Economic Times. She served as a visiting professor at the Indian School of Business in 2009 and 2011. In 2010, she was the President of the Association for Consumer Research (ACR)."

Excerpt from Bloomberg Quint -- "Size is not a proxy for credit worthiness. I think there is an issue in India where it is too easy to get a AAA and AA rating. The financial community, investors, maybe even banks, are being misled by those high ratings. The system has to understand why we have so many AAA and AA bonds and relatively high number of bad loans."

Excerpt from Observer -- "'Most people don’t have five hours,' Alter told Observer. 'That very limited time should be spent on other things, more ‘profitable’ things. The opportunity cost is high. If you have a job, a family, loved ones—you will be doing less of those things if you spend a huge amount of time playing Candy Crush. Candy Crush is a very isolating experience.'"

Excerpt from The New York Times -- "It was the 'worst business decision of 2018,' said Scott Galloway, a founder of the business research firm Gartner L2 and a professor of marketing at New York University Stern School of Business. 'It feels like the tide has turned substantially,' Mr. Galloway said. 'They’ve sort of poked the bear.'"

Excerpt from CoinDesk -- "Unlike ICOs, which provided value as an arbitrage against regulation, which typically failed to provide legally required disclosures to purchasers, and which generally offered a future right to a product or service rights to their purchasers, tokenized securities will comply with the law, and at least initially, fall into one of a few categories or types. A clear understanding of those types and the rights provided to their buyers is critical to understand why tokenizing securities will improve their utility, features, and marketability."

Excerpt from USA Today -- "'His reputation hasn’t been stellar before for these other reasons, not to say these claims are true,' says Ari Ginsberg, a professor of entrepreneurship and management at the New York University's Stern School of Business."

Excerpt from Recode -- "I think Facebook is a force for bad in the world. I think there's only one good thing Facebook has done and that's allow people who have existing offline relationships to rekindle those relationships if they've lost touch with people. But I think, in every other context, Facebook has done much more bad than good. It is a time suck, it fuels political division, it's designed to sell things to people that they don't need, it violates our privacy and then weaponizes the information that it gathers to keep us glued to the screen. It fuels a very unhealthy reliance on other people for social approval. It's a portal to bullying and ostracism.. the list goes on."