A feature story on how a 1992 paper written by Kenneth French and his colleague Eugene Fama identifies three major criteria a savvy stock picker can follow to beat the odds in the investment world. Since that first paper, the two continue to issue major reports only every few years, and each is generally considered a landmark among managers.
Peter Fisher says, "Chairman [Janet] Yellen has made it very clear—and Federal Reserve Vice Chairman Stanley Fischer repeated it—the start of [a rate increase] is much less important than the pace at which they are expected to raise rates."
Cites a new paper co-authored by Richard Townsend. The research found that the more time investors spend with their portfolio companies, the more innovative those startups are and the more likely they are to have a successful exit, whether that's an IPO or an acquisition.
Highlights Ron Adner's work on eReading platforms that compete aggressively with each other, yet also collaborate on certain dimensions. The study investigates the compatibility decisions of the two competing platforms that generate profits through both hardware sales and royalties from content sales.
Kevin Lane Keller says, "They said they're doing this in part in response to consumer demand, and what a way to kind of demonstrate that. It totally fits the rationale of what they're doing."
Sydney Finkelstein says, "The way most search processes go, you start with your wish list, and it's a very long wish list. So check-the-box thinking is risky. There's one thing I would put on that checklist, though, that you can't give up, and that's the ability to adapt and adjust in real time."
Highlights Tuck's announcement that a record 42% of the incoming class of MBAs are women, a ten-percentage point increase from only a year earlier.
Tuck's Center for Digital Strategies collaborated with experts from business and academia to introduce a “5-point plan” to boost the global competitiveness of European high-tech start-ups.
Sydney Finkelstein discusses how companies such as Accenture, Adobe and Medtronic are doing away with traditional performance reviews in favor of more personalized and developmental feedback.
Matthew Slaughter discusses China's recent purchases of stocks in government-owned firms. “The parallel would be if the U.S. Treasury or Federal Reserve stepped in to purchase the stocks of IBM or of Apple,” he says.
Matthew Slaughter discusses Tuck's mission and goals as well as how the Upper Valley’s economic health is linked to the world economy.
John Vogel discusses Tuck BUILDS, a pre-term program for incoming students that offers them the opportunity to help the local community and learn how business knowledge intersects with social and environmental needs.
Peter Fisher, senior lecturer and senior fellow for the Center for Global Business and Government, is a guest on CNBC's Squawk Box to discuss China's currency devaluation and the Fed's interest rate policy.
Erin McCafferty T'13 shares her personal experience of having children while at business school and offers ways students with children can build a strong support network while getting their MBA.
Sydney Finkelstein says, “If [Amazon] gets the image of an unfriendly place to work for tech people, that would be a disaster. Google and Facebook don’t have this reputation. They would end up having to pay people more to attract them to the company, a hit to the bottom line and a competitive disadvantage.”
Career coach Mathias Machado says, "Students get kind of bucketed into which companies shout the loudest. By coming to the heart of the tech industry before they’re swamped with recruiter messaging and enticements, the students are much better prepared for the decisions they’ll have to make during the recruiting process."
In this op-ed, Peter Fisher says, "Central banks have pumped up financial conditions in the hope of creating a good equilibrium between the supply and demand for resources. It is unlikely they have simultaneously engineered an enduring equilibrium in asset prices."
Alva Taylor says, "For small businesses, digital know-how can mark the difference between closing shop quickly and growing into a thriving company."
Sydney Finkelstein says, "Amazon is perfecting the American business model: working day and night. No meaningfulness."
Kevin Lane Keller says, "Fundamentally, brands survive and thrive on their ability to deliver on a compelling brand promise—to provide desired benefits in ways that can't be matched by another brand or firm."
Anant Sundaram says that because CEOs have accumulated savings and their shares are highly valued, they say to themselves, "I feel wealthy so I’ll go shopping for big-ticket items."
Matthew Slaughter says, "We already have seven million people today in the U.S. economy who say that they're working, but they're not on the payroll of a company. So these people are driving cars for Uber ... they're riding their bicycles for TaskRabbit; those types of new gig jobs. They're growing and it's going to be important to get good measures of them."
Michaela LeBlanc T'15 says, "At Tuck, I took courses in the core curriculum like marketing and operations that were far out of my previous knowledge base.”
Sydney Finkelstein comments on the apology by the CEO of Takata for faulty airbags. "His apology was definitely overdue. This has been going on for a while."
An interactive table shows how the top 25 U.S. schools compare with each other when it comes to the industry choices of MBAs.
Sydney Finkelstein says, "You need way fewer middle managers. It’s not that middle management is going to disappear, but the number of middle managers absolutely is going down.”
Marshall Goldsmith offers book recommendations for leaders striving to enhance their performance.
P&Q's ranking of the top business schools in the United States places Tuck fourth for overall compensation, with graduates averaging $155,037.
Vijay Govindarajan argues that the time is now for academicians from emerging markets to come up with "big ideas."
Dean Matthew Slaughter was quoted in a story on Greece's potential default.
A study by Richard Townsend looks at how stock options granted to CEOs do not change yearly, which makes their pay grow over time.
Matthew Slaughter says, "There is the small but non-zero chance that default (by Greece) triggers another financial crisis of the magnitude of the world financial crisis of 2008-2009."
Matthew Slaughter is quoted on Greece’s potential default. He predicts that leaving the euro for the drachma could result in, “double-digit declines.”
According to Sydney Finkelstein, the middle management position may have outlived its usefulness given technological advancements, the startup business culture, and millennials in the workplace.
Matthew Slaughter testified to the U.S. Senate Committee on Banking, Housing, & Urban Affairs about the global impact of a Greek default.
Matthew Slaughter says, "No one really knows what will happen in global capital markets if Greece defaults and/or exits the eurozone."