Media Coverage
WalletHub
Fees are a highly valued part of the revenue stream of a bank because they are usually generated without the benefit of human intervention; think about checking account overdraft fees. But consumers absolutely hate those fees and they are now under scrutiny from the bank regulators.
Another area of fee generation is in the foreign exchange area of the retail side of banking. Foreign Exchange is a focus of every major global business. But you and I are forced to use electronic money to purchase things globally whether clothes or meals or hotel rooms. This, of course, creates the question of how a credit card provider, the main platform for electronic money magically translates US Dollars into some other currency, and vice versa. The retail transactions are much too small for a FOREX trading desk. So that business must be managed in by either using a spread trade as the source, charging a currency translation fee, or both.
Not having researched this lately, I suspect it is still a wholesale/retail business.
Aggregate all the retail trades. Sell the foreign currency. Purchase the domestic currency. Charge a significant spread differential to create profitability. And in those circumstances where the size of the trade is too small, charge a fee. Again, think bank overdraft fees. The banks would much rather charge us a very high-interest rate on the overdraft versus a fee, treating it like a loan. But they cannot earn enough to make the activity profitable. So instead, charge an overdraft fee. This is very much in line with the operating philosophy regarding foreign exchange.
Another area of fee generation is in the foreign exchange area of the retail side of banking. Foreign Exchange is a focus of every major global business. But you and I are forced to use electronic money to purchase things globally whether clothes or meals or hotel rooms. This, of course, creates the question of how a credit card provider, the main platform for electronic money magically translates US Dollars into some other currency, and vice versa. The retail transactions are much too small for a FOREX trading desk. So that business must be managed in by either using a spread trade as the source, charging a currency translation fee, or both.
Not having researched this lately, I suspect it is still a wholesale/retail business.
Aggregate all the retail trades. Sell the foreign currency. Purchase the domestic currency. Charge a significant spread differential to create profitability. And in those circumstances where the size of the trade is too small, charge a fee. Again, think bank overdraft fees. The banks would much rather charge us a very high-interest rate on the overdraft versus a fee, treating it like a loan. But they cannot earn enough to make the activity profitable. So instead, charge an overdraft fee. This is very much in line with the operating philosophy regarding foreign exchange.
Inquirer.Net
After high school, Payumo took up accounting at a community college in New Jersey. Her siblings are all accountants, and she loves math. But after finding out that accounting was mainly “crunching numbers,” she switched to marketing at Rutgers Business School.
“I wanted to pursue something in the business field, hence I switched to marketing.” Being well-versed in social media (“I used to make Filipino-related videos”) she wants to be an entrepreneur that utilizes content creation in marketing.
She has never been prouder of pursuing something she genuinely enjoys and she takes pride in being a Filipino American graduate of a prestigious public university. “Wearing the Philippine flag was truly an honor, and I was easy to find by my family & friends during the graduation ceremony.”
“I wanted to pursue something in the business field, hence I switched to marketing.” Being well-versed in social media (“I used to make Filipino-related videos”) she wants to be an entrepreneur that utilizes content creation in marketing.
She has never been prouder of pursuing something she genuinely enjoys and she takes pride in being a Filipino American graduate of a prestigious public university. “Wearing the Philippine flag was truly an honor, and I was easy to find by my family & friends during the graduation ceremony.”
The Westside Gazette
Now in its third year, The HistoryMakers Faculty Innovations in Pedagogy and Teaching Fellowship is designed to foster classroom innovation and teaching, and to diversity curricula while furthering student learning and research skills during the upcoming academic year. Award recipients will receive a $7,500 award and the opportunity to demonstrate how faculty can creatively incorporate The HistoryMakers Digital Archive into a semester course and syllabus.
Anastasia Bailey, Assistant Professor, Rutgers Business School
Project Description: Bailey’s course, “Managing Growing Ventures,” will use The HistoryMakers Digital Archive to explore the various challenges faced by managers of new ventures during their early growth states and will introduce students to a set of tools and concepts that managers of young firms may successfully employ in growing their business and enhancing survival.
Anastasia Bailey, Assistant Professor, Rutgers Business School
Project Description: Bailey’s course, “Managing Growing Ventures,” will use The HistoryMakers Digital Archive to explore the various challenges faced by managers of new ventures during their early growth states and will introduce students to a set of tools and concepts that managers of young firms may successfully employ in growing their business and enhancing survival.
The Harvard Crimson
John M. Longo, a professor at Rutgers Business School and the Chief Investment Officer for Beacon Trust, wrote in an email that the endowment’s significant allocation to alternative investments such as hedge funds “likely preserved capital or resulted in lesser losses,” despite turbulence in the stock market.
He added that despite “disappointing” recent performance by Google and Meta, “both firms remain well positioned for the long-term.”
He added that despite “disappointing” recent performance by Google and Meta, “both firms remain well positioned for the long-term.”
Newsmax
While the White House has lifted some Trump-era tariffs on goods imported from other countries, economists have claimed that doing more would help bring down record-high inflation.
"The sooner we get rid of those tariffs on the rest of the world, the better for us because consumers, customers pay those tariffs," Farrokh Langdana, professor of finance and economics at Rutgers Business School, told The National Desk.
"The sooner we get rid of those tariffs on the rest of the world, the better for us because consumers, customers pay those tariffs," Farrokh Langdana, professor of finance and economics at Rutgers Business School, told The National Desk.
Society of American Florists
Merav Ozair, Ph.D., blockchain expert and FinTech professor at Rutgers Business School, says that the more industries and companies see the value in NFTs, the more mainstream they will become. NFTs are appealing to businesses because they are authenticated on the blockchain and can’t be duplicated, unlike digital artwork, photos or videos uploaded to social media platforms, which can be downloaded, shared, etc.
“The whole idea is that the NFT concept really opens up a lot of business models that we couldn’t have before the blockchain technology,” Ozair says.
Although she doesn’t work with floral companies, she sees potential for NFTs in the floral industry. For instance, as the metaverse — a virtual-reality space in which users can interact with a computer-generated environment and other users — grows, florists could offer virtual flowers, Ozair suggested.
“You’re going to have a physical space and a virtual space,” Ozair says. “And you’re going to have NFT flowers and you’re going to have real flowers.”
Or, florists could offer an NFT for each arrangement sent out the door, Ozair says.
“The whole idea is that the NFT concept really opens up a lot of business models that we couldn’t have before the blockchain technology,” Ozair says.
Although she doesn’t work with floral companies, she sees potential for NFTs in the floral industry. For instance, as the metaverse — a virtual-reality space in which users can interact with a computer-generated environment and other users — grows, florists could offer virtual flowers, Ozair suggested.
“You’re going to have a physical space and a virtual space,” Ozair says. “And you’re going to have NFT flowers and you’re going to have real flowers.”
Or, florists could offer an NFT for each arrangement sent out the door, Ozair says.
Advisory Board
"Some industries are very good at ramping up and ramping down," said Rudi Leuschner, an associate professor of supply chain management at Rutgers Business School. "You flip a switch and they can produce 10 times as much. Baby formula is not that type of a product."
Australian Broadcasting Corporation
"Usually with baby formula, it is one of those products that is fairly stable in demand, it doesn't change much, there's no seasonality," said Rudi Leuschner, an associate professor at Rutgers Business School.
"So the supply chain was made to go with one speed and one speed only."
The Michigan plant was a large producer of specialty formulas, according to Steven Abrams, a professor of paediatrics at University of Texas as Austin's Dell Medical School.
He said the shutdown further complicated the situation for parents of children with special dietary needs.
"There are a number of babies that have severe allergies or have special diseases where they can only get one type of formula," he said.
"And for those babies, because those formulas were particularly affected, it's been a real crisis."
"So the supply chain was made to go with one speed and one speed only."
The Michigan plant was a large producer of specialty formulas, according to Steven Abrams, a professor of paediatrics at University of Texas as Austin's Dell Medical School.
He said the shutdown further complicated the situation for parents of children with special dietary needs.
"There are a number of babies that have severe allergies or have special diseases where they can only get one type of formula," he said.
"And for those babies, because those formulas were particularly affected, it's been a real crisis."
ROI
The 2022 ROI Influencers: Manufacturing list honors men and women and their businesses that represent the small and midsize companies that make New Jersey go. They all share a passion for the industry, many are family owned, often in their second (or third) generation of leadership. All are essential.
Kevin Lyons
Associate professor, supply chain management
Rutgers Business School
Under his guidance, Rutgers students have crafted and presented plans focused on supply chain management. His research has centered on how to integrate the different aspects of the supply chain — including raw material extraction, logistics, manufacturing and design — into economic development.
Kevin Lyons
Associate professor, supply chain management
Rutgers Business School
Under his guidance, Rutgers students have crafted and presented plans focused on supply chain management. His research has centered on how to integrate the different aspects of the supply chain — including raw material extraction, logistics, manufacturing and design — into economic development.
CNBC
Disruptive innovation is anti-inflationary by definition. Classic disruption aims a set of new technologies at a problem and finds a solution that is both better and less expensive. The 2022 Disruptors take aim at a wide range of solutions, untangling supply chains, controlling carbon emissions, democratizing access to financial services, and improving health outcomes for vulnerable populations.
CNBC’s Disruptor 50 Advisory Council — a group of 55 leading thinkers in the field of innovation and entrepreneurship from around the world (see list of members below) — then ranked the quantitative criteria by importance and ability to disrupt established industries and public companies.
The 2022 CNBC Disruptor 50 Advisory Council includes Lyneir Richardson, assistant professor of professional practice and executive director of The Center for Urban Entrepreneurship and Economic Development (CUEED).
CNBC’s Disruptor 50 Advisory Council — a group of 55 leading thinkers in the field of innovation and entrepreneurship from around the world (see list of members below) — then ranked the quantitative criteria by importance and ability to disrupt established industries and public companies.
The 2022 CNBC Disruptor 50 Advisory Council includes Lyneir Richardson, assistant professor of professional practice and executive director of The Center for Urban Entrepreneurship and Economic Development (CUEED).
Asbury Park Press
The average household is paying about $315 a month more than it did last year for the same basket of goods, said Parul Jain, associate professor of professional practice, Rutgers Business School in Newark and New Brunswick.
It leaves the Federal Reserve Board under pressure to slow down business and consumer demand without tipping the economy into a recession, she said, describing what sounds like a complicated task.
Criticized for moving too slowly, the Fed now is playing catch-up by aggressively increasing short-term interest rates and raising borrowing costs — all while waiting for the supply chain to navigate disruptions, from COVID lockdowns in China to the continuing war in Ukraine.
"We've got a fair amount of issues on our hands," said Jain, who expects inflation will ease by the end of the year.
It leaves the Federal Reserve Board under pressure to slow down business and consumer demand without tipping the economy into a recession, she said, describing what sounds like a complicated task.
Criticized for moving too slowly, the Fed now is playing catch-up by aggressively increasing short-term interest rates and raising borrowing costs — all while waiting for the supply chain to navigate disruptions, from COVID lockdowns in China to the continuing war in Ukraine.
"We've got a fair amount of issues on our hands," said Jain, who expects inflation will ease by the end of the year.
Noticias Telemundo
Falta de mano de obra, en su mayoría inmigrante, incrementa la inflación en EE.UU.
(Lack of labor, mostly immigrant, increase the inflation in the US.)
Dos millones de empleados hacen falta para salir de la crisis, según el experto Arturo Osorio. La clave es que la mayoría de estas plazas son cubiertas por inmigrantes. "Los trabajos duros casi siempre los hacemos nosotros", dijo un empleador latino.
(Two million employees are needed to get out of the crisis, according to expert Arturo Osorio. The key is that most of these places are covered by immigrants. "The hard jobs are almost always done by us," said a Latino employer.)
(Lack of labor, mostly immigrant, increase the inflation in the US.)
Dos millones de empleados hacen falta para salir de la crisis, según el experto Arturo Osorio. La clave es que la mayoría de estas plazas son cubiertas por inmigrantes. "Los trabajos duros casi siempre los hacemos nosotros", dijo un empleador latino.
(Two million employees are needed to get out of the crisis, according to expert Arturo Osorio. The key is that most of these places are covered by immigrants. "The hard jobs are almost always done by us," said a Latino employer.)
Fact Check.org
“Since the shutdown of Abbott Nutrition’s Sturgis facility … the remaining baby formula manufacturers have struggled to quickly increase production because their operations were planned and designed to produce a steady level of product based on their pre-production projections of consumer demand,” Kevin Lyons, a professor at Rutgers Business School with expertise in supply chain management, told FactCheck.org in an email.
He explained that in other industries, manufacturers can adjust their output based on consumer demand, but baby formula manufacturers can’t do that because their projections and the raw materials they need for production must be planned well in advance.
He explained that in other industries, manufacturers can adjust their output based on consumer demand, but baby formula manufacturers can’t do that because their projections and the raw materials they need for production must be planned well in advance.
The National Desk
"There is so much pent-up demand from all the COVID years,” said Farrokh Langdana, professor of finance and economics at Rutgers Business School. “There's a lot of pent-up demand and keep in mind, private consumption for Americans — that's like 70% of our economy.”
“The sooner we get rid of those tariffs on the rest of the world, the better for us because consumers, customers pay those tariffs,” Langdana said.
“This Fed needs to get its messaging right and say ‘we are attacking inflation early; we are slowing down an over-superheated labor market. Soon, more workers will be coming back to work and we are very confident we are on track,’” Langdana said.
Managing expectations and getting the economy to the next step of the recovery is where there will be an opportunity for the U.S. to rebound, he said.
“(Innovation is) where we need to bounce back,” Langdana said. “We've always come up with the next big thing. It's been us Americans and I really am expecting that coming back from us in the near future.”
“The sooner we get rid of those tariffs on the rest of the world, the better for us because consumers, customers pay those tariffs,” Langdana said.
“This Fed needs to get its messaging right and say ‘we are attacking inflation early; we are slowing down an over-superheated labor market. Soon, more workers will be coming back to work and we are very confident we are on track,’” Langdana said.
Managing expectations and getting the economy to the next step of the recovery is where there will be an opportunity for the U.S. to rebound, he said.
“(Innovation is) where we need to bounce back,” Langdana said. “We've always come up with the next big thing. It's been us Americans and I really am expecting that coming back from us in the near future.”
Nasdaq
Rutgers Business School blockchain expert & FinTech Professor Merav Ozair joins Jill Malandrino on Nasdaq TradeTalks to discuss unleashing the benefits of Web3 and the metaverse.
TradeTalks broadcasts live from MarketSite in Time Square, the historic Philadelphia Trading Floor and Global Industry Conferences and Events. Featuring conversations with top industry thought leaders on trends, news and education.
Watch the video interview 12:31
TradeTalks broadcasts live from MarketSite in Time Square, the historic Philadelphia Trading Floor and Global Industry Conferences and Events. Featuring conversations with top industry thought leaders on trends, news and education.
Watch the video interview 12:31
The New York Times
Since the shutdown of Abbott Nutrition’s Sturgis facility, other manufacturers have struggled to quickly increase production because their operations are geared toward a steady level of consumer demand, according to Rudi Leuschner, an associate professor of supply-chain management at Rutgers Business School.
“Some industries are very good at ramping up and ramping down,” Dr. Leuschner said. “You flip a switch and they can produce 10 times as much. Baby formula is not that type of a product.”
On top of the broader supply-chain issues that have emerged during the coronavirus pandemic, such as labor shortages and difficulty securing raw materials, the problem may be compounded by panic-buying, Dr. Leuschner said.
“Some industries are very good at ramping up and ramping down,” Dr. Leuschner said. “You flip a switch and they can produce 10 times as much. Baby formula is not that type of a product.”
On top of the broader supply-chain issues that have emerged during the coronavirus pandemic, such as labor shortages and difficulty securing raw materials, the problem may be compounded by panic-buying, Dr. Leuschner said.
BBC
Companies that produce items like baby formula - in which demand is typically steady over time - have troubles catching up when there is disruption, said Rudi Leuschner, director of the masters in supply chain management programme at Rutgers Business School.
And as parents rush to buy as stories of empty shelves spread, that only makes the problem worse, he warned.
"It's not a situation where you can just snap out of it," he said. "It was designed to run at one speed."
While this year's formula shortage may expose the fragility of the supply chain, it may not be enough to make a business case for backup inventories, Prof Leuschner added.
And as parents rush to buy as stories of empty shelves spread, that only makes the problem worse, he warned.
"It's not a situation where you can just snap out of it," he said. "It was designed to run at one speed."
While this year's formula shortage may expose the fragility of the supply chain, it may not be enough to make a business case for backup inventories, Prof Leuschner added.
Colorado Newsline
“Blockchain technology has the ability to really unleash the value of real estate,” Merav Ozair, a blockchain expert and assistant professor at Rutgers University’s business school, told Colorado Newsline in an interview. “It opens up a lot of activities and business models that you wouldn’t have otherwise.”
It’s no secret that cryptocurrencies and their underlying blockchain technology has revolutionized the financial world. Blockchain technology is essentially an immutable digital ledger of transactions that can’t be rewritten once it is recorded. Meanwhile, cryptocurrencies act as digital mediums of exchange for transactions recorded on their respective blockchains.
As the value cryptocurrencies has skyrocketed since Bitcoin first reached the market in 2009, investors are now looking for ways to make use of their capital gains without divesting from the technology that helped create their wealth. One popular avenue for such investors is to purchase real estate.
It’s no secret that cryptocurrencies and their underlying blockchain technology has revolutionized the financial world. Blockchain technology is essentially an immutable digital ledger of transactions that can’t be rewritten once it is recorded. Meanwhile, cryptocurrencies act as digital mediums of exchange for transactions recorded on their respective blockchains.
As the value cryptocurrencies has skyrocketed since Bitcoin first reached the market in 2009, investors are now looking for ways to make use of their capital gains without divesting from the technology that helped create their wealth. One popular avenue for such investors is to purchase real estate.
KCBS
Spenders are finding new ways to rack up debt with buy now pay later programs that break up big purchases into smaller installments, but those small payments can add up quickly and are landing some younger buyers in debt. Now, there's a class-action lawsuit aimed at changing how those companies issue fees when people can't pay their balance. For more, KCBS Radio news anchor Megan Goldsby spoke with Dr. Merav Ozair, Professor of Fintech at the Rutgers University Business School.
Listen to the podcast: 4:00 minutes
Listen to the podcast: 4:00 minutes
My Central Jersey
Kristina Durante, vice chair and professor of marketing at Rutgers University in New Brunswick, said that, for example, music from a person’s childhood is so therapeutic that it’s used in residential treatment programs because it spikes feel-good hormones. Items work just the same way – they bring a person back to simpler times.
Teenagers and children seem to be gravitating towards retro items, too, although most of these items stopped being made long before they were born.
Durante has seen it happen firsthand with her 11-year-old daughter, who has even told her mother, “I should have been born in the '80s.”
Her daughter told Durante that she wants to live in a time when bullies can’t access you on your cell phone, when there were ways to have fun that had nothing to do with social media or the internet.
“Young people haven’t lived in that time, but they have an idea that it might have been simpler,” Durante said. “For these digital native Gen Z’s, it’s never been simple. It’s always been a chaotic, cataclysmic social nightmare because of social media. They’ve never lived in a time where they played all day in the backyard and their mom’s voice called them in, so they’re basically co-opting it as their time of tranquility.
"Although you can’t pry their phones out of their hands, they are feeling the negative impact that social media has to their well-being.”
Teenagers and children seem to be gravitating towards retro items, too, although most of these items stopped being made long before they were born.
Durante has seen it happen firsthand with her 11-year-old daughter, who has even told her mother, “I should have been born in the '80s.”
Her daughter told Durante that she wants to live in a time when bullies can’t access you on your cell phone, when there were ways to have fun that had nothing to do with social media or the internet.
“Young people haven’t lived in that time, but they have an idea that it might have been simpler,” Durante said. “For these digital native Gen Z’s, it’s never been simple. It’s always been a chaotic, cataclysmic social nightmare because of social media. They’ve never lived in a time where they played all day in the backyard and their mom’s voice called them in, so they’re basically co-opting it as their time of tranquility.
"Although you can’t pry their phones out of their hands, they are feeling the negative impact that social media has to their well-being.”
The National Desk
Dr. Merav Ozair, a blockchain expert and FinTech professor at Rutgers Business School, said criminals who use cryptocurrency to scam people without being caught are fooling themselves.
“Any criminal who's fooling themselves that they can go get away with scamming or stealing or whatever else, illicit transactions, money laundering, whatever on a public blockchain, they can do the most sophisticated things that they want to,” Ozair said. “It just may take us a little bit more analytics and being more sophisticated on our end in terms of the analytics we have to come up with and develop, but we can catch them.”
Ozair and other developers are working on applications to catch wrongdoers quickly and help prevent the loss from happening at all by alerting traders to potentially fraudulent transactions or scams.
“Any criminal who's fooling themselves that they can go get away with scamming or stealing or whatever else, illicit transactions, money laundering, whatever on a public blockchain, they can do the most sophisticated things that they want to,” Ozair said. “It just may take us a little bit more analytics and being more sophisticated on our end in terms of the analytics we have to come up with and develop, but we can catch them.”
Ozair and other developers are working on applications to catch wrongdoers quickly and help prevent the loss from happening at all by alerting traders to potentially fraudulent transactions or scams.
WSBT 22
Dr. Merav Ozair, a blockchain expert and FinTech professor at Rutgers Business School, said criminals who use cryptocurrency to scam people without being caught are fooling themselves.
“Any criminal who's fooling themselves that they can go get away with scamming or stealing or whatever else, illicit transactions, money laundering, whatever on a public blockchain, they can do the most sophisticated things that they want to,” Ozair said. “It just may take us a little bit more analytics and being more sophisticated on our end in terms of the analytics we have to come up with and develop, but we can catch them.”
Ozair and other developers are working on applications to catch wrongdoers quickly and help prevent the loss from happening at all by alerting traders to potentially fraudulent transactions or scams.
“Any criminal who's fooling themselves that they can go get away with scamming or stealing or whatever else, illicit transactions, money laundering, whatever on a public blockchain, they can do the most sophisticated things that they want to,” Ozair said. “It just may take us a little bit more analytics and being more sophisticated on our end in terms of the analytics we have to come up with and develop, but we can catch them.”
Ozair and other developers are working on applications to catch wrongdoers quickly and help prevent the loss from happening at all by alerting traders to potentially fraudulent transactions or scams.
Fast Company
“Completely ignoring all cultural conversations would be ignoring the context in which its employees, customers, investors, and community are living,” says Stacy Smollin Schwartz, a marketing and strategy consultant and professor at Rutgers Business School. “Brands that pretend it’s just ‘business as usual’ while their stakeholders grapple with pressing cultural challenges will erode trust, as that ‘human voice’ they have worked so hard to establish sounds a lot more like out of touch “marketing speak.”
Nasdaq
The metaverse will be our new culture and mainstream reality. It’s not a matter of if, only when. We will live in parallel worlds -- the virtual and the physical -- immersed in two worlds that are separate yet connected via the utilization of blockchain technology.
The term “Metaverse” was coined by Neal Stephenson in his 1992 science fiction book, Snow Crash. In the book he presented a kind of virtual reality where every interaction could have a direct impact on the physical world. Sound impossible? Not really.
The term “Metaverse” was coined by Neal Stephenson in his 1992 science fiction book, Snow Crash. In the book he presented a kind of virtual reality where every interaction could have a direct impact on the physical world. Sound impossible? Not really.
Procurement
Johnson & Johnson’s Global Chief Procurement Officer (CPO), Leonardo DeCandia, reflects on the company’s centralisation of procurement in its operations.
DeCandia explains: “About six years ago, we recognised that more strategic value could come from procurement if it was better managed as an enterprise function. We looked at our governance responsibilities around the world and how we could conduct these in a more harmonised, collective way. Johnson & Johnson was one of the early adopters of strategic sourcing.”
DeCandia explains: “About six years ago, we recognised that more strategic value could come from procurement if it was better managed as an enterprise function. We looked at our governance responsibilities around the world and how we could conduct these in a more harmonised, collective way. Johnson & Johnson was one of the early adopters of strategic sourcing.”
Newark Times
“Marcus is the exact leader we need at this time in Newark,” said Dr. Kevin Lyons, Associate Professor PP, Supply Chain Management Department and Director, Public Private Community Partnerships, Rutgers Business School. “His breadth of experience and knowledge of community development and affordable housing finance will catapult the Newark Land Bank to the next level and our ability to assist more Newarkers to build wealth and own their own homes.”
ROI-NJ
By now, most members of the New Jersey tech ecosystem have heard the phenomenal news that New Jersey ranked in the Top 10 in the nation for venture capital invested in 2021.
Gov. Murphy and the NJEDA made commitments to inclusive innovation. The news of more private investment in the state is clear evidence of the effectiveness of the programs and policies.
CUEED launched and now operates the Black and Latino Angel Investment Fund, which is a group of investors providing seed-stage capital to high-growth, next-economy startups owned by people of color. The Black and Latino Angel Investment Fund brings diverse experiences as New Jersey-based entrepreneurs and successful small business owners, academic leaders, corporate representatives and venture corporation founders.
Gov. Murphy and the NJEDA made commitments to inclusive innovation. The news of more private investment in the state is clear evidence of the effectiveness of the programs and policies.
CUEED launched and now operates the Black and Latino Angel Investment Fund, which is a group of investors providing seed-stage capital to high-growth, next-economy startups owned by people of color. The Black and Latino Angel Investment Fund brings diverse experiences as New Jersey-based entrepreneurs and successful small business owners, academic leaders, corporate representatives and venture corporation founders.
Noticias Telemundo
EE.UU. registra una cifra récord de 11.5 millones de ofertas de trabajo y suma 4.5 millones de renuncias.
(EU has a record high job offerings with 11.5 million openings and 4.5 million resignations).
"The lack of employees is hitting hard after the pandemic," says a restaurant owner. These are the most affected sectors. "Industries that require interaction with people, this is so," said Professor Arturo Osorio.
(EU has a record high job offerings with 11.5 million openings and 4.5 million resignations).
"The lack of employees is hitting hard after the pandemic," says a restaurant owner. These are the most affected sectors. "Industries that require interaction with people, this is so," said Professor Arturo Osorio.
Nasdaq
Imagine yourself stranded on an island, unable to communicate with anyone. Would you embrace this isolation, or try to find ways to communicate with the outside world? It seems that most of us do not favor isolation on any scale. Any movie about stranded people on an island – from “Robinson Crusoe” to “Cast Away” – always depicts a situation where stranded people long for the moment they will be able to communicate with the world outside of the island.
So why would we wish to be on a platform, a virtual space, or metaverse that is essentially an island?
In the age of the internet, we have learned to appreciate accessibility, mobility and connectivity on a global scale, and the experience of the latest pandemic has enhanced our demand for more mobility and connectivity.
Let’s look at the case of the online game Ghost Recon Breakpoint, developed by Ubisoft.
So why would we wish to be on a platform, a virtual space, or metaverse that is essentially an island?
In the age of the internet, we have learned to appreciate accessibility, mobility and connectivity on a global scale, and the experience of the latest pandemic has enhanced our demand for more mobility and connectivity.
Let’s look at the case of the online game Ghost Recon Breakpoint, developed by Ubisoft.
AOTMP Insights
Supply chain challenges don’t discriminate between industries like healthcare, automobile, or information technology. These obstacles are rooted in similar problems and issues and often have similar solutions though, according to David Dreyfus.
Dreyfus, an assistant professor in the Supply Chain Management Department of Rutgers Business School, earned his Ph.D. in operations and sourcing management and previously worked for Volvo Construction Equipment.
“There’s a lot of overlap,” he said. “It’s not IT only or healthcare only; it just shifts around.”
Shortages with chips, which are used in many electronics from computers to automobiles, can be compared to the consumer grocery products mentioned earlier. As the need went down in the early pandemic stages, manufacturers turned to the production of more profitable and in-demand products. Once things settled and demand returned, chip manufacturers were slow to deliver because of other products they were producing, labor shortages at every stage from inception to delivery, and because they felt the chip technology — while in demand — was out of date.
“You can’t switch chip manufacturers quickly. It requires rigorous testing and development that takes months or years,” Dreyfus said. “Before Omicron, there was a light at the end of the tunnel in terms of the supply chain, and this started the conversation for chip upgrades to car manufacturers. You can’t switch chip manufacturers quickly though because it requires rigorous testing and development that takes months or years.
Dreyfus, an assistant professor in the Supply Chain Management Department of Rutgers Business School, earned his Ph.D. in operations and sourcing management and previously worked for Volvo Construction Equipment.
“There’s a lot of overlap,” he said. “It’s not IT only or healthcare only; it just shifts around.”
Shortages with chips, which are used in many electronics from computers to automobiles, can be compared to the consumer grocery products mentioned earlier. As the need went down in the early pandemic stages, manufacturers turned to the production of more profitable and in-demand products. Once things settled and demand returned, chip manufacturers were slow to deliver because of other products they were producing, labor shortages at every stage from inception to delivery, and because they felt the chip technology — while in demand — was out of date.
“You can’t switch chip manufacturers quickly. It requires rigorous testing and development that takes months or years,” Dreyfus said. “Before Omicron, there was a light at the end of the tunnel in terms of the supply chain, and this started the conversation for chip upgrades to car manufacturers. You can’t switch chip manufacturers quickly though because it requires rigorous testing and development that takes months or years.
WalletHub
How much of Geico’s success as a company would you ascribe to Warren Buffet?
Warren Buffet has had a long history of investment with Geico since the fifties but I do not think the average consumer knows that his Berkshire Hathaway has fully owned Geico since 1996. However, I do think Geico’s performance has indirectly benefited from the shrewd management principles that Buffet expects his managers to observe over the decades.
Warren Buffet has had a long history of investment with Geico since the fifties but I do not think the average consumer knows that his Berkshire Hathaway has fully owned Geico since 1996. However, I do think Geico’s performance has indirectly benefited from the shrewd management principles that Buffet expects his managers to observe over the decades.
Government Technology
“We are leading the way into the future with new curriculum options that answer the demands of students who want to learn with greater flexibility,” said Business School Dean Lei Lei in a public statement. “Our new programs are designed to allow students to study the topics they choose, linking together classes to build job skills needed for future work in a digital era.”
“Stackable programs fulfill the educational mission of lifelong learning for lifelong employability that is geared toward students who want to upskill to stay technically current and relevant in their professions without having to commit the time and money required for a degree program,” Program Director Benjamin Melamed said in a statement.
The idea is to allow students to customize their education for technical training, according to Assistant Professor Hussein Issa.
“Stackable programs fulfill the educational mission of lifelong learning for lifelong employability that is geared toward students who want to upskill to stay technically current and relevant in their professions without having to commit the time and money required for a degree program,” Program Director Benjamin Melamed said in a statement.
The idea is to allow students to customize their education for technical training, according to Assistant Professor Hussein Issa.
IVOOX
Black Faces in High Places Guest: Dr. Jeffrey A. Robinson
“The Black Faces in High Places book is not just about getting your success; it's undoubtedly a matter of seeking significance and impact on our community, the black community.” People of color sometimes find it challenging to succeed in corporations or institutions led mainly by white people because of systems and culture. The black community has so much talent, but discrimination and being outnumbered by white people can make it more difficult to climb the corporate ladder, which adds multiple barriers to dominating the competitive world. And that's how the book was written twelve years ago by Jeffrey Robinson, the Prudential Chair in Business at Rutgers Business School & Randal Pinkett. It is where they shared 10 revolutionary strategies for playing & changing the game to transform the system not only for them but the whole community.
And in this episode, they talk about the new book, which aims to help the black professionals reach the top and stay there. Listen until the end of the episode and be more confident in breaking down the barriers that prevent you from having a real opportunity to make it to high places. Know what's the importance of having a mentor, a great network, and how you can find meaning in what you do to attain success.
“The Black Faces in High Places book is not just about getting your success; it's undoubtedly a matter of seeking significance and impact on our community, the black community.” People of color sometimes find it challenging to succeed in corporations or institutions led mainly by white people because of systems and culture. The black community has so much talent, but discrimination and being outnumbered by white people can make it more difficult to climb the corporate ladder, which adds multiple barriers to dominating the competitive world. And that's how the book was written twelve years ago by Jeffrey Robinson, the Prudential Chair in Business at Rutgers Business School & Randal Pinkett. It is where they shared 10 revolutionary strategies for playing & changing the game to transform the system not only for them but the whole community.
And in this episode, they talk about the new book, which aims to help the black professionals reach the top and stay there. Listen until the end of the episode and be more confident in breaking down the barriers that prevent you from having a real opportunity to make it to high places. Know what's the importance of having a mentor, a great network, and how you can find meaning in what you do to attain success.
Shore News
A double major in marketing and supply chain management with a minor in entrepreneurship, she took on leadership roles and landed coveted internships as well as a supply chain co-op with L’Oreal USA.
“RBS has opened up so many opportunities for me to develop as a person and prepare for a career I feel passionate about,” Lee said. The 20-year-old intends on launching her own business eventually but is intent on first learning all the ins and outs of venture capital, technology, and the beauty industries.
Joining the Entrepreneurship and Innovation Living-Learning Community “was definitely one of the best decisions I made to kick-start my involvement at RBS,” she said.
“RBS has opened up so many opportunities for me to develop as a person and prepare for a career I feel passionate about,” Lee said. The 20-year-old intends on launching her own business eventually but is intent on first learning all the ins and outs of venture capital, technology, and the beauty industries.
Joining the Entrepreneurship and Innovation Living-Learning Community “was definitely one of the best decisions I made to kick-start my involvement at RBS,” she said.
CBS News
Estavi is a cryptocurrency investor based in the Middle East and the CEO of blockchain company Bridge Oracle. Before Bridge Oracle, Estavi created a crypto exchange platform called CryptoLand that garnered funding from several early investors. Estavi was arrested in Iran last year, charged with "disrupting the economic system" and forced to close CryptoLand, according to Iranian authorities.
Estavi was released from custody the day his NFT auction closed, CoinDesk reported.
Estavi's arrest certainly played a role in the auction results, said Merav Ozair, a blockchain expert and financial technology professor at Rutger's University. Some people in the crypto world view Estavi as a semi-criminal because he's now looking for money to repay the investors of CryptoLand, Ozair said.
An NFT gives someone proof of ownership over a unique code linked to piece of digital art, a digital coupon or maybe a video clip, something that a buyer can't actually hold in their hand. NFTs can be transferred or sold, but not copied or divided into smaller parts.
Another reason Estavi's NFT didn't garner high bids is because the tweet itself is still on Twitter, Ozair noted. Former CEO Jack Dorsey, who made the post in 2006, is the only one who can take it down. As long as tweet is still up, Estavi's NFT doesn't have the rarity value it needs to fetch a high price, Ozair said.
Estavi was released from custody the day his NFT auction closed, CoinDesk reported.
Estavi's arrest certainly played a role in the auction results, said Merav Ozair, a blockchain expert and financial technology professor at Rutger's University. Some people in the crypto world view Estavi as a semi-criminal because he's now looking for money to repay the investors of CryptoLand, Ozair said.
An NFT gives someone proof of ownership over a unique code linked to piece of digital art, a digital coupon or maybe a video clip, something that a buyer can't actually hold in their hand. NFTs can be transferred or sold, but not copied or divided into smaller parts.
Another reason Estavi's NFT didn't garner high bids is because the tweet itself is still on Twitter, Ozair noted. Former CEO Jack Dorsey, who made the post in 2006, is the only one who can take it down. As long as tweet is still up, Estavi's NFT doesn't have the rarity value it needs to fetch a high price, Ozair said.
Out Voice
In the pandemic, people sitting at home learned about crypto through social media on how to begin investing. In lockdown, many started managing their finances digitally out of necessity—adding crypto to the mix was a logical step.
“You couldn’t go to banks,” Dr. Merav Ozair, a blockchain expert and financial technology professor at Rutgers Business School, said. “You’re already doing everything digitized, so why not do crypto? It brought to the forefront the need for this blockchain technology.”
“Let’s say you are a freelancer in Malaysia, and you want to work for someone who is in the US or in the UK,” Ozair said. “How exactly am I going to pay you and how is that going to be transferred to your bank account? What if you don’t have a bank account?”
“You couldn’t go to banks,” Dr. Merav Ozair, a blockchain expert and financial technology professor at Rutgers Business School, said. “You’re already doing everything digitized, so why not do crypto? It brought to the forefront the need for this blockchain technology.”
“Let’s say you are a freelancer in Malaysia, and you want to work for someone who is in the US or in the UK,” Ozair said. “How exactly am I going to pay you and how is that going to be transferred to your bank account? What if you don’t have a bank account?”
MSN
Besides insurance delays, hospitals across the U.S. have reported not having enough walkers, crutches, canes, and wheelchairs. Supplies are limited because of shortages of raw materials such as aluminum, said Alok Baveja, a professor of supply chain management at Rutgers Business School in New Jersey.
“The availability, not just the cost, has an impact on the durable medical equipment industry,” Baveja said.
Baveja said one silver lining of the pandemic is that reused medical equipment has gained greater acceptance and use.
“The availability, not just the cost, has an impact on the durable medical equipment industry,” Baveja said.
Baveja said one silver lining of the pandemic is that reused medical equipment has gained greater acceptance and use.
FundFire
The new taxonomy aims to help institutional investors make sense of the digital assets landscape.
Platforms like this are very important if institutional investors are going to participate in the digital assets ecosystem, said Mezar Ozair, a blockchain specialist and fintech professor at Rutgers Business School.
These investors “need a lot of due diligence and research, and they have a lot of fiduciary responsibilities and regulations and compliance to account for,” she said.
Ozair, who is developing her own analysis and assessment tools for digital assets, said the asset class was fundamentally unique and any such system would have to approach it in a different way.
“It's a completely different concept altogether, and this is why you need new tools [and] new models altogether to evaluate them,” she said.
Platforms like this are very important if institutional investors are going to participate in the digital assets ecosystem, said Mezar Ozair, a blockchain specialist and fintech professor at Rutgers Business School.
These investors “need a lot of due diligence and research, and they have a lot of fiduciary responsibilities and regulations and compliance to account for,” she said.
Ozair, who is developing her own analysis and assessment tools for digital assets, said the asset class was fundamentally unique and any such system would have to approach it in a different way.
“It's a completely different concept altogether, and this is why you need new tools [and] new models altogether to evaluate them,” she said.
Navigating the Metaverse
Listen to “Navigating the Metaverse,” a podcast series in which hosts Tommaso Di Bartolo & Cathy Hacklwhere interview trailblazers in the NFT and Metaverse space who share their insider advice for how to do business in the Web 3.0 Era.
Dr. Merav Ozair is a FinTech Professor at Rutgers Business School and a leading blockchain expert in NFTs, DeFi, DOAs, & Cryptocurrency. She has developed courses on blockchain and digital assets for both undergrads and graduate-level while being the Research Director of the RBS Blockchain Hub. We’re excited to dive into Dr. Ozair’s vast knowledge and expertise in the NFT space. 47:28
Dr. Merav Ozair is a FinTech Professor at Rutgers Business School and a leading blockchain expert in NFTs, DeFi, DOAs, & Cryptocurrency. She has developed courses on blockchain and digital assets for both undergrads and graduate-level while being the Research Director of the RBS Blockchain Hub. We’re excited to dive into Dr. Ozair’s vast knowledge and expertise in the NFT space. 47:28
Yahoo! Finance
“Although Rutgers Business School has countless remarkable faculty members, there is one professor that had a significant impact on my intellectual curiosity and growth. That is Professor Kurtzberg. Her class was never about the midterm or the final. Rather, the focus was solely on learning (and not just learning theory, but applying theory to practice in every single class) … Outside of the classroom, she has given me advice on graduate school, as well as my application materials. She has been a fantastic mentor, teacher, and friend to me.” – Brandon Roberts, student
USA Today
"All that is pretty much on a silver platter for the vast majority of employees," said Jay Soled, a professor and director of the master of accountancy in taxation program at Rutgers University. From there, it's a relatively easy process to file your income tax return, aside from other areas such as investment income.
But when you're self-employed, it's a whole different ballgame.
"Tax filers who start their own business shouldn't worry about the taxes on their selfemployment income because there are so many ways to lower their net self-employment income," said TurboTax's Greene-Lewis.
Along those lines, Soled, the Rutgers professor, recommends having a separate business bank account so you can "keep an accurate ledger of what you're doing for business purposes versus those which are personal in nature."
"Many self-employed people actually pay less tax than employees who make the same income because they have all these deductions," he added.
But when you're self-employed, it's a whole different ballgame.
"Tax filers who start their own business shouldn't worry about the taxes on their selfemployment income because there are so many ways to lower their net self-employment income," said TurboTax's Greene-Lewis.
Along those lines, Soled, the Rutgers professor, recommends having a separate business bank account so you can "keep an accurate ledger of what you're doing for business purposes versus those which are personal in nature."
"Many self-employed people actually pay less tax than employees who make the same income because they have all these deductions," he added.
WalletHub
The cheapest car insurance companies in New Jersey are Geico, New Jersey Manufactures, and Travelers. The difference between the cheapest and most expensive car insurance in New Jersey can be hundreds of dollars or more a year, so it pays to compare quotes.
What does it say about car insurance companies that so many have celebrity endorsers?
Insurance companies seem to be at a loss for arguments, and the use of animals, cartoons, humor, and anecdotal content in their advertising proves it. Celebs add some kind of positive association in lack of arguments. Now, mind you, my own research, along with that of other authors, has shown that brand choice and consumer decisions are highly intuitive, not rational, so I am not advocating for logical arguments. Indeed, in the upcoming NEDSI (Northeast Science Decisions Institute) Conference I will be making “the case for intuitive advertising” and proposing other ways to get through the advertising clutter and communicate those appeals the insurance consumers might be looking for, like trustworthiness, wide PPO networks, good service, proper pricing, and others. Certainly, celebs may be used to support some of these appeals, but should not be considered substitutes for an appropriate message.
What does it say about car insurance companies that so many have celebrity endorsers?
Insurance companies seem to be at a loss for arguments, and the use of animals, cartoons, humor, and anecdotal content in their advertising proves it. Celebs add some kind of positive association in lack of arguments. Now, mind you, my own research, along with that of other authors, has shown that brand choice and consumer decisions are highly intuitive, not rational, so I am not advocating for logical arguments. Indeed, in the upcoming NEDSI (Northeast Science Decisions Institute) Conference I will be making “the case for intuitive advertising” and proposing other ways to get through the advertising clutter and communicate those appeals the insurance consumers might be looking for, like trustworthiness, wide PPO networks, good service, proper pricing, and others. Certainly, celebs may be used to support some of these appeals, but should not be considered substitutes for an appropriate message.
New Jersey Stage
Marcus Randolph will be the next President and CEO of Invest Newark and will begin in May 2022. Mr. Randolph is currently an Executive Director within Community Development Real Estate for JPMorgan Chase Bank where he covers New Jersey and New York.
“Marcus is the exact leader we need at this time in Newark,” said Dr. Kevin Lyons, Associate Professor PP, Supply Chain Management Department and Director, Public Private Community Partnerships, Rutgers Business School. “His breadth of experience and knowledge of community development and affordable housing finance will catapult the Newark Land Bank to the next level and our ability to assist more Newarkers to build wealth and own their own homes.”
“Marcus is the exact leader we need at this time in Newark,” said Dr. Kevin Lyons, Associate Professor PP, Supply Chain Management Department and Director, Public Private Community Partnerships, Rutgers Business School. “His breadth of experience and knowledge of community development and affordable housing finance will catapult the Newark Land Bank to the next level and our ability to assist more Newarkers to build wealth and own their own homes.”
Poets&Quants
“Although Rutgers Business School has countless remarkable faculty members, there is one professor that had a significant impact on my intellectual curiosity and growth. That is Professor Kurtzberg. Her class was never about the midterm or the final. Rather, the focus was solely on learning (and not just learning theory, but applying theory to practice in every single class) … Outside of the classroom, she has given me advice on graduate school, as well as my application materials. She has been a fantastic mentor, teacher, and friend to me.” – Brandon Roberts, student
The Daily Targum
Management, said that the delay in applying for opportunities is actually due to students rather than employers.
"Employers have been contacting the (Rutgers Business School) career office with opportunities asking for help in filling openings," King said. "However, students have been slow in responding and applying to the opportunities."
Students must utilize career office resources to update resumes and practice interviewing to improve their chances of securing a job or internship, he said.
He said that many employers are continuing to implement virtual recruiting processes and have even extended their recruiting period, which typically ends in the fall, into the summer.
King said that there are more than 2,500 jobs and internships available on the Rutgers Business School career management system along with Rutgers Handshake, which also has many job and internship opportunities.
"Employers have been contacting the (Rutgers Business School) career office with opportunities asking for help in filling openings," King said. "However, students have been slow in responding and applying to the opportunities."
Students must utilize career office resources to update resumes and practice interviewing to improve their chances of securing a job or internship, he said.
He said that many employers are continuing to implement virtual recruiting processes and have even extended their recruiting period, which typically ends in the fall, into the summer.
King said that there are more than 2,500 jobs and internships available on the Rutgers Business School career management system along with Rutgers Handshake, which also has many job and internship opportunities.
Yahoo! Finance
To understand the concept of an NFT, start with the meaning of fungible versus non-fungible. A dollar bill is fungible because it is interchangeable with other dollar bills. NFTs are not interchangeable, and each NFT has a unique digital signature.
That unique digital signature, or code, is stored on the blockchain. Blockchain, the technology behind cryptocurrencies, is a digital ledger, or a record of transactions. It’s accessible to anyone and, significantly, it is also immutable, says Dr. Merav Ozair, a blockchain expert and fintech professor at Rutgers Business School. “Usually, a ledger is centralized; it is owned by somebody. But with blockchain, no matter who you are, as long as you have access to the internet, you can tap into it,” says Ozair.
Because an NFT is a token created on the blockchain, it carries all the features of the blockchain. “It’s immutable, traceable, trackable and transparent because everyone has access to it,” says Ozair. The true source of the value of NFTs is the authentication aspect of it, she says. “You can use them to prove the originality of any asset, whether physical or digital.”
That unique digital signature, or code, is stored on the blockchain. Blockchain, the technology behind cryptocurrencies, is a digital ledger, or a record of transactions. It’s accessible to anyone and, significantly, it is also immutable, says Dr. Merav Ozair, a blockchain expert and fintech professor at Rutgers Business School. “Usually, a ledger is centralized; it is owned by somebody. But with blockchain, no matter who you are, as long as you have access to the internet, you can tap into it,” says Ozair.
Because an NFT is a token created on the blockchain, it carries all the features of the blockchain. “It’s immutable, traceable, trackable and transparent because everyone has access to it,” says Ozair. The true source of the value of NFTs is the authentication aspect of it, she says. “You can use them to prove the originality of any asset, whether physical or digital.”
CSUMB College of Business
At this year's live webinar event, keynote speakers will debate whether, and the extent to which, businesses should influence the moral and political life of citizens. Panelists will probe how different types of corporate involvement in the moral and political sphere can positively or negatively impact society.
Danielle Warren, Ph.D., is Professor of Management & Global Business at Rutgers Business School, The State University of New Jersey. Professor Warren researches why deviance arises in business settings, how to evaluate it, and how to deter destructive deviance while promoting constructive deviance. She has published numerous articles on business ethics and ethical leadership in leading academic journals and business press.
Danielle Warren, Ph.D., is Professor of Management & Global Business at Rutgers Business School, The State University of New Jersey. Professor Warren researches why deviance arises in business settings, how to evaluate it, and how to deter destructive deviance while promoting constructive deviance. She has published numerous articles on business ethics and ethical leadership in leading academic journals and business press.
NJ.com
Rutgers Business School Professor Parul Jain said boycotting products that may appear to have been imported from Russia, but are actually made in the United States, is a purely symbolic measure.
“Banning everything Russian … can get a little bit out of hand right,” Jian said. “The main real ways that New Jersey is impacted is through the energy complex, because the sanctions on any Russian energy imports is going to have an impact on oil markets and on gasoline costs, so we’re seeing that and that affects all New Jersey residents.”
“Banning everything Russian … can get a little bit out of hand right,” Jian said. “The main real ways that New Jersey is impacted is through the energy complex, because the sanctions on any Russian energy imports is going to have an impact on oil markets and on gasoline costs, so we’re seeing that and that affects all New Jersey residents.”
HerMoney
When Lisa S. Kaplowitz began her career in investment banking in the mid-'90s, she didn’t see a lot of people who looked like her.
She wishes she had, she said, noting that it would have given her much more confidence.
Presenting possibilities can start early.
Kaplowitz, now an assistant professor of professional practice in finance as well as the executive director of the Rutgers Center for Women in Business, cites research that parents don’t talk to girls about finances as much as they do with boys. Noting toys and role play, Kaplowitz observes, “I still don’t see an investment banker Barbie.”
She wishes she had, she said, noting that it would have given her much more confidence.
Presenting possibilities can start early.
Kaplowitz, now an assistant professor of professional practice in finance as well as the executive director of the Rutgers Center for Women in Business, cites research that parents don’t talk to girls about finances as much as they do with boys. Noting toys and role play, Kaplowitz observes, “I still don’t see an investment banker Barbie.”
The Harvard Crimson
The number of stocks in the Harvard endowment has slowly crept back up in recent years after the Harvard Management Company sold off the vast majority of its public holdings when N.P. “Narv” Narvekar took over as its CEO.
John M. Longo, a professor at Rutgers Business School and the chief investment officer of Beacon Trust, wrote in an email that most ETFs are “passive in nature,” meaning they are unlikely to outperform the market.
John M. Longo, a professor at Rutgers Business School and the chief investment officer of Beacon Trust, wrote in an email that most ETFs are “passive in nature,” meaning they are unlikely to outperform the market.