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In the YouTube video "Poets in Quads: MBA Admissions A to Z with Stratos Prep," John Byrne and Harold Szymanski discuss the importance of obtaining a strong recommendation letter for MBA admissions. Harold emphasizes three key components of an effective letter: authenticity, specificity, and quality. An authentic recommender should know the candidate well, ideally having worked directly with them, rather than just being a well-known figure. Specificity refers to detailed examples of the candidate's achievements, and quality entails the overall positive impression the letter conveys. These elements contribute significantly to making a compelling case for the candidate's admission into a prestigious program.