Experience Stern | News & Events

On April 30, the NYU Stern Center for Real Estate Finance Research will host its 8th Annual Spring Symposium, entitled "Impact Investing in Opportunity Zones: Real Estate and Beyond."

Excerpt from Curbed -- "'WeWork has created the physical-world equivalent of a digital platform, generating value by imprinting design onto physical space, which leads to network effects at both the individual and institutional levels,' according to Dr. Arun Sundararajan, professor of business at NYU and author of The Sharing Economy, who is quoted in the report."

Excerpt from Ad Age India -- "For brands that are still not sure, here’s what you are missing out on: close to 60% of millennials are discovering products on Pinterest on a regular basis. Pinteresters are people with a mission, with 90% of weekly uses looking at the channel to help them make purchase decisions. These are not just ‘life moment’ shoppers, but ‘everyday’ shoppers. Which means that if your brand is not in the mix, you will soon be booted out of the weekly grocery list!"

Excerpt from WalletHub -- "I dont believe there is very much. But, for me, personally, I much prefer Visa cards. The Mastercards that I have are through Citibank, and I am unsure whether it is something to do with Mastercard, or something to do with the Citibank tie-up, but they are a lot more inconvenient to use, than, for example, the Visa card I have through Capital One. There does not seem to be a system for an automatic cash-back, for one, and, for the other, there seem to be maximums on the amount of cash-back you get per year. They also charge foreign transaction fees that my Capital One Visa does not."

Excerpt from Forbes -- "'I believe that most of the best entrepreneurs out there have to be immigrants like my grandfather,' Winograd explains. 'When you have nothing and you step into a new country, your instinct for survival forces you to be creative and identify market gaps to find a place for yourself.'"

Excerpt from Financial Times -- "Some current and former HBO executives described a 'country club' culture at the network. 'You had lifers who didn’t have any incentive to rock the boat. HBO was a high-margin cash cow business for Time Warner,' says Mr Edis, who is now a professor of new media at NYU’s school of business."

Excerpt from The Wall Street Journal -- "'The more cooks you put into the kitchen, the more likely there is to be disagreement about what ingredients you should use and so forth,' Dr. Greenberg says."

Excerpt from Quartz -- "'There are a lot of admirable CSR activities including auditing and capacity building and training, even training for improved industrial relations,” she says. Even so, it’s 'business as usual,' she points out, 'plus specific activities that then try to compensate for what business models are causing.'"

Excerpt from Poets & Quants -- "As she scales Pepper after graduation, Winograd believes she learned something critical by being – in the words of one faculty member – 'strategic, focused, and committed' as an MBA student. ... 'by focusing on what matters—by being selective, at times painfully so, about the initiatives I want to take on and social events I want to attend—I’ve found my path as an entrepreneur.'"

Excerpt from TheStreet -- "'You can change your strategy, your advertising, the money you put into research, but the hardest part is to teach old dogs new tricks,' said Allen Adamson, founder of Metaforce and professor at NYU Stern School of Business."

Excerpt from Bloomberg -- "Together with Gabriele Sabato, previously head of risk appetite decisioning at Royal Bank of Scotland Group Plc, Altman founded London-based Wiserfunding Ltd. to calculate the 12-month default probability for businesses with less than 150 million euros ($168 million) of revenue. Their methods cover 19 European countries and have correctly forecast whether a company would default or stay solvent in about 90 percent of cases, Altman said in a phone interview."

Excerpt from Sustainable Brands -- "The idea for the company emerged out a social entrepreneurship course at NYU’s Stern School of Business, where students were asked to develop potential solutions to the problem of organic waste. Undergrads Parker Reposa and Drew Enyedi wanted to create a business that would use food waste as a key input and quickly discovered the potential of coffee grounds — which in recent years have begun being used to make everything from apparel and biofuel to cups and 3D-printing filament."

Excerpt from Axios -- "Some Friedman acolytes came to regret core views, since the pursuit of self-interest sometimes led companies, such as Enron, 'to do things that were not in the interest of shareholders,' said Richard Sylla, a professor emeritus at New York University."

Excerpt from Yahoo Finance -- "Markets are always trying to anticipate what's going to happen and they may well be looking a couple of months, a couple of quarters, down the road. There's, I think, a good case to be made [that] this has been due to a number of one-off things. For example, recovering from the government shutdown that was at the end of the last quarter. There's some one-off international trade things. Look, I would love for this strong growth and low inflation and low unemployment all to persist, but I wouldn't want to bet the farm."

Excerpt from Marketplace -- "Look, if you reduce it [shipping time] from two days to one day, you are going to more than double the volume [of Amazon purchases]."

Excerpt from Forbes -- "To illustrate important themes of the 11th Annual Volatility Institute Conference, 'Financial Volatility in an Age of Geopolitical Risks,' Nobel Laureate Robert F. Engle shared stimulating and often humorous food for thought. 'We are drowning in information but starving for knowledge' John Naisbitt 'At the end of the day, every politician is human, but what about the rest of the day?' Stephen Colbert 'A fool and his money are soon elected.' Will Rogers"

Excerpt from CBS News -- "More unusual is for a deposed founder to see such outsized gains in an IPO involving a company he or she no longer runs, said Arun Sundararajan, a professor at New York University's Stern School of Business. 'I can't recall a time when the single biggest beneficiary of an IPO is no longer involved when they go public,' he said."

On April 26, the NYU Stern Volatility Institute hosted its 11th annual conference entitled, "Financial Volatility in an Age of Geopolitical Risks."

The NYU Stern Salomon Center for the Study of Financial Institutions and the Bank Policy Institute will host the Conference on Household Finance on Friday, April 26.

Excerpt from Worth -- "'The biggest challenge that I'm thinking about right now is how to tackle the negative impacts of our current phase of capitalism, which is focused on shareholder primacy and short term-ism and managing to stock price and the negative societal impacts that type of capitalism has on labor force.'"

Excerpt from The New York Times -- "Scott Galloway, a marketing professor at N.Y.U. and my co-host on the podcast Pivot, calls it the 'algebra of deterrence,' by which he means a price and a punishment that makes certain you will not do a bad thing again. Five billion dollars is not that price. 'Put another zero on it and then we can start talking,' said Mr. Galloway this week."

Excerpt from The New York Times -- "Looking at the video, she said, is 'definitely shifting the perspective to details about the way she looked, and also other details — maybe someone else’s reaction to her.' Not only could the change in perspective increase self-presentation anxiety but, 'according to research, it could also dampen emotional aspects of the experience,' Dr. Barasch said."

Excerpt from Bloomberg -- "The things that disrupt you are the things you don't see coming, but I don't see anything coming. It's just difficult to see where they're vulnerable at this point. I think the only place they're vulnerable is what you mentioned, and that's antitrust action. ... even if antitrust comes, you're still looking at just enormous shareholder gains. It's great to be an unregulated monopoly."

Excerpt from Grand Valley Business Times -- "Studies conducted by Justin Kruger at the New York University Stern School of Business demonstrate we accurately interpret the difference between seriousness and sarcasm in electronic communications only 50 percent of the time — no better than chance."

Excerpt from CBC Radio -- "I think one way to look at this is that these kinds of government reactions are in part a function of the social media companies having had very little success in gaining control of their own platforms, and preventing the kind of misinformation from spreading that governments such as Sri Lanka's intent on snuffing out."