Experience Stern | News & Events

Excerpt from TheStreet -- "'Right now, Amazon cannot be a bank. There is a very clear legal prohibition against [commerce companies] becoming banks,' [White] told TheStreet. 'Walmart tried 10 years ago and got the door slammed in its face.'"

Excerpt from The Economic Times -- "Inflation is back but inflation is 2%, 2% is not astronomically high inflation. It is actually inflation that is consistent with a healthy economy. When we talk about inflation, we have to realise that part of the reason of inflation is the fact that the US economy is finally delivering wage increases."

Excerpt from Forbes -- "All brands need to be true to their values. Their actions and initiatives need to reflect these values. Their stakeholders will call them out if they don’t, especially in a transparent marketplace. When asked on a recent news program why Delta made the decision it did relative to the N.R.A., Bastian explained that the leadership team felt it was the right thing to do for the brand."

Excerpt from Forbes -- "All the activities, guided discovery, and curation of tasteful, high quality, accessibly priced merchandise, make visiting eslite spectrum songyan store a form of entertainment for individuals, couples, and multi-generational families."

Excerpt from BNN Bloomberg -- "These tariffs are not only bad policy, but also bad economics."

Excerpt from NBC News -- "'I could see some consumers getting upset because they want autonomy and freedom to do what they want, but I find that most people leave those experiences and feel very grateful to the person who asked them to put the phone away,' says Barasch. 'It takes away the choice. People always appreciate not having to choose.'"

Excerpt from The New York Times -- "Tulin Erdem, chairwoman of the marketing department at New York University’s Stern School of Business, said the 'Back to the Bar' initiative created a 'nice experience for customers to see Bacardi employees, for community building, and for employees to see how customers relate to the brand.'"

Excerpt from The New York Times -- "'Netflix is No. 1, spending 8 billion on original scripted television content and Amazon is No. 2, with 5 billion,' said Scott Galloway, the author of 'The Four: The Hidden DNA of Amazon, Apple, Facebook and Google.' 'Hastings and Bezos are the new studio chiefs, the new kings. Amazon could create the next "Game of Thrones" and monetize it by selling paper towels.'"

Excerpt from Pacific Standard -- "After viewing each ad, participants rated it for believability and bias, and assessed the sponsoring candidate in terms of honesty, sincerity, and qualifications for the job. For the second study, the 338 participants read and evaluated fictional campaign ads that did or did not conclude with the tagline. The results: 'Not only did the "stand by your ad" tagline enhance the perceived believability of policy attack ads,' the researchers write, 'it also produced more positive evaluations for the ads' sponsoring candidates.'"

Excerpt from The New York Times -- "'When companies go on acquisition sprees like this, they can suffer from what some call indigestion,' said Robert Salomon, an associate professor at the Stern School of Business at New York University. 'Deals are incredibly complex,” he added. “The real work is what happens after you buy something.'"

Excerpt from C-SPAN -- "In 2010, when Steve Jobs was looking very thin, students started asking me, 'What's going to happen?' How much of that magic is in the man himself, or how much of it is actually just a myth and it's really at Apple? Is that innovation capacity embedded in the organization structure, in the routines of Apple, or was it really him? Will we lose it? Is there a successor, can it be handed down? And fundamentally what people wanted to know was, 'Can I do it? How can I have that innovative capacity?'"

Excerpt from Delta Sky Magazine -- "Like NYU Stern's traditional full-time MBA, the Andre Koo Tech MBA targets students with several years experience, but it has a more specialized focus: 'We are looking for people with a very, very deep interest in technology and a background in technology,' [Sundaram] says. 'It is aimed at people who are very clear that this is the career path they want to follow.'"

Excerpt from Stamford Advocate -- "'RBS is generally pulling back, and I don’t think there’s a lot the governor or state Legislature can do to avoid the pulling back,' said Lawrence J. White, a professor of finance at New York University. 'Trying to give them subsidies to stay is a losing bid. You can’t turn back the clock.'"

Excerpt from Mic -- "Now, there are few investments that grow as much or as quickly as stocks: $100 invested in Treasury bonds in 1928 would be worth about $7,000 today, according to calculations from New York University finance professor Aswath Damodaran. That same money invested in the stock would be worth nearly $400,000."

Excerpt from The Sun -- "Discovered in 1999, the effect was identified when a Mr McArthur Wheeler robbed two banks in Pittsburgh, USA, in broad daylight without a balaclava masking his face. Later that day, clear footage of Wheeler was all over the local news. He had smeared lemon juice on his face, thinking it would make him invisible to security cameras. Wheeler knew that lemon juice was used as invisible ink in letter writing but was stupid enough to believe it would hide his identity. This case came to the attention of David Dunning, a Cornell University psychology professor and his student Justin Kruger. And eventually it became the first recorded example of the Dunning-Kruger Effect."

Excerpt from Livemint -- "The recent restrictions placed by Indian exchanges are against our own long-term interests: providing fair, competitive markets for our own investors. Investors will gravitate towards venues that provide best execution, greatest liquidity through the lowest transaction costs, minimal frictions in terms of regulatory costs."

Excerpt from Harvard Business Review -- "Research by management professors Andrew Hargadon of UC Davis and Beth Bechky of NYU shows that those volunteering ideas in such companies do not mindlessly spit back answers to the questions posed; they respectfully build on the comments and actions of others, considering 'not only the original question but also whether there is a better question to be asked.' As they do this over and over, new solutions emerge."

Excerpt from CBC News -- "'It's corporate identity and corporate image,' he said. 'When Dick's Sporting Goods does this, it's very much linked to what their business is about … and a customer base that's more closely aligned with NRA interests.' Whether this represents an inflection point is hard to tell, though Schenkler said the company 'has opened the door' for gun retailers to reconsider their policies."

Excerpt from BBC Capital -- "'This is a generation that has actively had entrepreneurial opportunities growing up – in many ways, if you’ve grown up managing your personal brand on Instagram, you’re much better wired to think of yourself as an individual brand instead of a cog in an organisational machine,' says Arun Sundararajan, a business professor at New York University."

Excerpt from The Wall Street Journal -- "That shift has stoked subtle stereotypes about older workers’ performance and willingness to learn, which can have tangible effects on their careers, said Michael North, assistant professor of management and organizations at New York University’s Stern School of Business."

Excerpt from Hitachi Research Institute -- "So, companies should set public targets, incentives to employees tied to targets, reporting and assessment on those targets and training for employees in sustainability. They can also bring in partners, such as NGOs, other corporations, corporate associations, and government agencies that are working on the issues that are important to them so that their employees can get exposure to different ideas and assistance with implementation."

Excerpt from the Stamford Advocate -- "'The good news for NBC Sports is they beat the competition handily. The bad news is overall ratings are down,' said Sam Craig, director of the entertainment, media and technology program in New York University’s business school. 'But those trends reflect a general decline in TV ratings.'"

Excerpt from CNBC -- "'I think of the four big players: Apple, Alphabet, Facebook and Amazon, Apple is the best value play,' [Damodaran] says. 'It is a cash machine. I never seen a company generate as much cash as Apple has over the last six or seven years.'"

Excerpt from the Harvard Business Review -- "In the 2016 book The End of Accounting, NYU Stern Professor Baruch Lev claimed that over the last 100 years or so, financial reports have become less useful in capital market decisions. Recent research lets us make an even bolder claim: accounting earnings are practically irrelevant for digital companies. Our current financial accounting model cannot capture the principle value creator for digital companies: increasing return to scale on intangible investments."

Excerpt from The New York Times -- "'It’s where you go on vacation, what you do and what technology you have,' said Allen Adamson, one of the founders and managing partners of Metaforce, a brand marketing and consulting firm, and one of the authors of 'Shift Ahead: How The Best Companies Stay Relevant in a Fast Changing World.' Those experiences need to be 'Instagram-worthy,' too. The quirkier, flashier and more offbeat the experience, the better, he said."