NYU Stern

As the third quarter of 2023 ends, I take a look at what it delivered to investors: a buoyant first six weeks, where stocks continued to rise, followed by six weeks where the mood turned darker. bit.ly/48BwxE1

To understand how disinflation is likely to unfold in US, Europe, UK... "We should be looking at like episodes, regardless of where the geography is." Inflation lessons unpacked by @PeterBlairHenry in this @EconoFactOrg chat, from research w @anusha_chari: econofact.org/podcast/gettin…

NYU Stern To Launch Middle East-Based One-Year MBA -- In the full-time program, students will take spring & fall modules in Abu Dhabi and summer modules in New York City tinyurl.com/4me6nvw9 #mba #businessschool #middleeast @NYUStern

Students will soon be able to obtain a @NYUStern MBA in Abu Dhabi | @FortuneMagazine: fortune.com/education/arti…

Congratulations to @StanfordCDDRL's @PeterBlairHenry on being elected as the chair of @nberpubs's board of directors! He will serve in the position alongside vice chair @KarenGMills of @HarvardHBS. ow.ly/S3Fv50PMfKz

Exactly two years ago, I discussed the reasons for Google's dominance in ad markets with @DinaSrinivasan. Tune in to hear why ad markets have led to Google's monopoly (hindering innovation) compared to financial markets which focus on COIs. bravenewpodcast.com/episodes/2021/… @NYUStern

After an unsettled summer, with an actor/writer strike entering its 3rd month, a Disney/Charter fight that blacked out the US open for many, and ongoing rumors of restructuring, a look at how streaming has changed the movie & broadcasting businesses. bit.ly/3rbCk2l

Enjoyed talking about #AI with @npparikh on @YahooFinance earlier today. My main points: -AI will augment more jobs than it will replace. -AI will have heterogeneous effects on workers, with less experienced workers likely to benefit the most.

Today the @FinancialTimes published a teaching case written by @mikehposner and @DoroBauPau delving into the human rights issues within the #cobalt supply chain: ft.com/content/81ab1d…

Fall 2023: You've got it in the bag. 🎒 Let's go, NYU! 🌟📚🍂 Stop motion by Tracey Friedman and Jonathan King.

From a billion dollars to Mbappe for a one-year contract to $6 billion for an NFL team with a middling record on the field, it is difficult to make financial sense of what's happening in sports today. My trophy asset explanation is in this post: bit.ly/47PfE8v

Incoming two-year Full-time MBA students students started the week with an introduction to Stern’s world-renowned faculty during #SternLAUNCH MBA orientation!

In Reversal Because of A.I., Office Jobs Are Now More at Risk Though, as I and others are quoted as saying in this @nytimes article, exactly "which" jobs and "how" they are at risk is really uncertain at this point. nytimes.com/2023/08/24/ups…

.@karaswisher, Co-host, @PivotPod and Host, “On With Kara Swisher,” and Susan Jurevics (MBA '96), Chief Brand & International Officer at @insideaudible, sat down for a keynote fireside chat as part of #SternLAUNCH, #NYUStern’s two-year Full-time MBA orientation.

In a co-authored op-ed for @FTAlphaville, #NYUStern Professors @kschoenh and Lawrence White discuss reforming the Federal Home Loan Bank system. To learn more, check out "SVB and Beyond: The Banking Stress of 2023," drive.google.com/file/d/1M067WV…

Every finance class starts with the notion of a risk-free investment, with the government bond rate proxying as the risk-free rate. That rate becomes a key ingredient of every model, but what if governments are not default-free? bit.ly/3DYuzj4

Most of the world will follow China rather than the EU on many aspects of A.I. rules, says Arun Sundararajan of NYU Stern School of Business.

"AI can drive productivity improvements in a firm, make the firm more profitable...but it's not the case that you can just buy AI and sprinkle it on the firm, and you'll get these productivity improvements," says @NYUStern's Robert Seamans buff.ly/3qxdN7A

To help develop the next generation of business leaders, #NYUStern’s Leadership Accelerator hosted its first in-person Live Case, an innovative new model that takes MBA leadership off the page. Read more about how the one-of-a-kind experience played out: stern.nyu.edu/experience-ste…

The Equity risk premium (ERP) is not an "esoteric concept" but underlies almost everything we do as investors, often implicitly. I try to clarify what it is, why it matters and to reconcile the different approaches to measuring it. bit.ly/3QtkdPE