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Ivy League MBA Was A 'Waste Of Time,' Says Veteran Banker, Lists Two Key Traits Far More Relevant In The AI Age
Sunday, June 29, 2025 - 10:59pm | 481Standard Chartered chief executive Bill Winters says his Ivy League MBA was "a waste of time," and the real edge in today's AI-driven economy comes from the curiosity and empathy he developed as a humanities major. What Happened: Winters, 63, told Bloomberg last week that his 1988 Wharton...
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Overcome Networking Fears: Here's A Tried-And-True Strategy For Smoother Interactions
Wednesday, December 6, 2023 - 11:38am | 762When engaging in initial conversations with new acquaintances, don't be so quick to list one's job title, education, and accomplishments. Research suggests that this approach may not be as effective as previously thought. According to CNBC, citing a Harvard and Wharton study, students were...
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Wharton Professor Jimmy Siegel Says Real Inflationary Challenges Over, Predicts 15-20% Rally For US Stocks In First Half Of 2023
Thursday, December 29, 2022 - 7:30am | 595As a dismal year on multiple fronts draws to a close, the attention has shifted to what’s in store for the financial markets in 2023. What Happened: The year 2023 is likely to be a very good one for equities, promising roughly 15-20% upside, Wharton Professor Jeremy Siegel said in his...
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Failing To Decentralize State-Run Economy Could Be Big Trouble For China
Wednesday, April 19, 2017 - 4:12pm | 843Every golf course in China is equipped with cameras at almost every tee. Why? Because senior managers at state-owned enterprises are forbidden from enjoying such a frivolous pastime. But golf courses are places where plenty of business takes place, notes Marshall Meyer, a professor emeritus of...
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Bridging The China-US Divide At The ContinuumSF Credit Conference
Tuesday, February 23, 2016 - 3:27pm | 1171Several weeks ago, Wharton FinTech attended the 2016 ContinuumSF Innovation and Credit Conference in San Francisco. The conference focused on emerging FinTech trends in China and the US, with a special focus on lending. It was an excellent opportunity to compare and contrast how FinTech is...
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Poll: Did A Bear Market Just Begin?
Thursday, August 27, 2015 - 11:39am | 297Analysts are attempting to put probabilities on the likelihood of a bear market, ranging from a few percentage points to to 99.7 percent. As Business Insider reported early Thursday morning, Societe Generale's Albert Edwards is betting on the latter. From his morning note: "[L]et me...
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5 Notable CEO Comebacks
Friday, August 22, 2014 - 12:42pm | 993The history of corporate CEOs who left and later came back to lead their companies is well documented and populated with some famous names. According to Wharton, companies rehire former chief executive officers for a number of reasons, chief among them the fact the company is in "dire...
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PIMCO's Bill Gross Writes Equities Obituary in August Newsletter
Wednesday, August 1, 2012 - 8:49am | 470Co-Chief Investment Officer and Co-Founder of PIMCO Bill Gross asserts that stock investing is "dead as we know it" in his August investment letter. Pacific Investment Management Company has $1.82 trillion in assets is the world's largest bond mutual fund. "If financial assets no longer work for...
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Prof. Jeremy Siegel – “Stocks Could end 2010, 8% to 10% Higher, From Here”
Thursday, April 15, 2010 - 1:17pm | 331Wharton finance professor Jeremy Siegel said stocks could end the year 8% to 10% higher than they are today, in an interview with Knowledge@Wharton. He thinks the economy looks pretty good. While the Dow's 11,000 close doesn't mean much to professional market watchers, it can give ordinary...