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. https://t.co/FKrYRD2EiL
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: https://t.co/bJI4IBNH7q
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 https://t.co/rMhpHEhZ10
#mba#businessschool#middleeast@NYUStern
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.
https://t.co/N5qghUNz6l
@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. https://t.co/JYt9ZQQ3fe
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: https://t.co/ZNXbxD0VAH
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: https://t.co/0btk2f3ijq
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.
https://t.co/dYhDvBMU85
.@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," https://t.co/LuCivEeejQ
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? https://t.co/Jse5AOHgW0
"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
https://t.co/4LD8s2dd3y
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:
https://t.co/VL5J624d7e
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. https://t.co/ey5pdYkljE