Carnegie Mellon Clips

PR Home

Carnegie Mellon News Service Home Page

Carnegie Mellon Today

8 1/2 x 11 News

Press Releases

Rankings Summary

Web News Stories

Calendar of Events


 

Carnegie Mellon Clips

April 28, 2006

This internal publication contains information about recent coverage of Carnegie Mellon that appeared primarily in national newspapers, magazines and online publications. Please note that some sources may require registration or a subscription in order to access their information online.

Please send comments and suggestions to thomas@cmu.edu
The media coverage archive is available at www.cmu.edu/clips


From April 21 to April 27, Carnegie Mellon Media Relations counted 297 references to the university in worldwide publications. Here is a sample.

Contents:

Special Coverage: $13.3 Million Grant for Cell Research Center

Researchers to study cells at new center
The New York Times (AP) | April 25

Cell researchers gain $13 million grant
Pittsburgh Tribune-Review | April 25

$13.3 million grant to fund Pitt-Carnegie Mellon cell research center
Pittsburgh Post-Gazette | April 25

Carnegie Mellon, Pitt get $13.3M from NIH
Pittsburgh Business Times | April 24

Carnegie Mellon, Pitt team up to battle diseases
KDKA | April 24

National News Stories

Dept. of early indicators
BusinessWeek | May 2006

Droids, workhorses join Robot Hall of Fame
USA Today (AP) | April 26

Anger on the island
Newsday | April 26

Robot runs over water
Discovery Channel | April 25

Students fight for Mideast peace in video game
CNN (AP) | April 24

Comment on "phylogenetic MCMC algorithms are misleading on mixtures on trees"
Science Magazine | April 21

Student Experience

Music Preview: Quartet inserts
color into classical scene

Pittsburgh Post-Gazette | April 26

The small stand tall in Carnegie
Mellon's annual buggy races

Pittsburgh Post-Gazette | April 23

Newsmaker
Pittsburgh Tribune-Review | April 21

Arts and Humanities

'Wind in a box' by Terrance Hayes
Pittsburgh Post-Gazette | April 23

Computing with architecture
Pittsburgh City Paper | April 20

Information Technology

Real-world and reel-world robots honored
Pittsburgh Post-Gazette | April 26

Experts see computers getting
bigger and smaller at the same time

Pittsburgh Post-Gazette | April 23

U.S. tech lead challenged
by globalization of innovation

EE Times | April 21

Biotechnology

Gel may replace radiation
treatment for breast cancer

WPXI | April 25

Environment

Emissions under scrutiny
The News & Observer | April 26

Yelling 'fire' on a hot planet
The New York Times | April 23

Regional Impact

The private sector: Another renaissance for Pittsburgh offers global opportunity,
not just competition

Pittsburgh Post-Gazette | April 25

Local News Stories

Statue honors builder of Chinese bridges
Pittsburgh Post-Gazette | April 26

International News Stories

Microsoft research recognizes computer
science's most promising professors with new faculty fellowships

Noticias.info | April 26

New method allows heart beat triggers to be viewed and better understood
Medical Research News | April 25

Down Under plan for U.S. lab
Australian IT | April 25

'Concorde fallacy' still pervades business
Shanghai Daily (Bloomberg) | April 20

 

Articles:

 

Special Coverage: $13.3 Million Grant for Cell Research Center

Researchers to study cells at new center
The New York Times (AP) | April 25
Carnegie Mellon University and the University of Pittsburgh announced plans Monday for a joint research center aimed at studying diseases and potential therapies within living cells. Researchers said the new National Technology Center for Networks and Pathways, which is to receive a $13.3 million grant from the National Institutes of Health over the next five years, will pioneer new imaging technologies using fluorescent dyes. "With these tools, we can study in detail how all the proteins are interacting with each other in real-time in the 3-D space of a living cell," said Alan Waggoner, a Carnegie Mellon professor and director of the new center. **This article appeared in 35 media outlets.
http://www.nytimes.com/aponline
/us/AP-Cell-Research.html
| back to top

 

Cell researchers gain $13 million grant
Pittsburgh Tribune-Review | April 25
James Fitzpatrick spends 12 hours a day in the depths of the Mellon Institute in Oakland with his "baby" -- a $350,000 microscope -- trying to find the cure for cancer and just about every other disease that plagues mankind. A new $13.3 million National Institutes of Health grant unveiled Monday that will pay for projects using the microscope might keep him from ever leaving the institute again, he joked. In October, Fitzpatrick -- a Carnegie Mellon University research scientist -- built the microscope with resolution capabilities ranking in the top 10 worldwide. Using a powerful laser that pulses a trillion times faster than an eye blinks, Fitzpatrick's microscope can record the rapid molecular reactions of cells and then play them back at a speed slow enough for the human brain to analyze. ... "I can't think of a single disease that doesn't have something to do with networks and pathways," said Alan Waggoner, director of the new National Technology Center for Networks & Pathways at Carnegie Mellon, which received the five-year federal grant yesterday.
http://www.pittsburghlive.com/x
/pittsburghtrib/s_447096.html
| back to top

 

$13.3 million grant to fund
Pitt-Carnegie Mellon cell research center

Pittsburgh Post-Gazette | April 25
A $13.3 million grant from the National Institutes of Health will establish a national research center in Pittsburgh dedicated to understanding the inner workings of cells and how they can be used in the early detection and treatment of diseases ranging from cancer to cystic fibrosis. The National Technology Center for Networks and Pathways is a five-year joint project between Carnegie Mellon University and the University of Pittsburgh that will blend medicine, engineering and computer science to develop technologies to allow scientists to examine what is going on inside living cells. The center will use the fluorescent dyes developed by Carnegie Mellon biologist Alan Waggoner and create images of the cells using technologies designed by Simon Watkins, director of the Center for Biologic Imaging at Pitt. Dr. Waggoner will direct the new center within Carnegie Mellon's Mellon Institute.
http://www.post-gazette.com
/pg/06115/684769-28.stm
| back to top

 

Carnegie Mellon, Pitt get $13.3M from NIH
Pittsburgh Business Times | April 24
The National Institutes of Health on Monday awarded a $13.3 million, five-year grant to researchers at the University of Pittsburgh and Carnegie Mellon University for a joint biomedical research project. The grant will help the Pittsburgh colleges establish the National Technology Center for Networks and Pathways, to be housed at Carnegie Mellon. Alan Waggoner, director of Carnegie Mellon's Molecular Biosensor and Imaging Center, will serve as the new center's director. "We are poised to build on an exciting, productive foundation of tools developed at Carnegie Mellon," he said. "This latest grant from NIH puts us on the map ..." The grant is one of three awarded as part of an NIH initiative to support research that helps keep track of proteins within a cell.
http://pittsburgh.bizjournals.com/pittsburgh
/stories/2006/04/24/daily6.html?surround=lfn
| back to top

 

Carnegie Mellon, Pitt team up to battle diseases
KDKA | April 24
Early detection and treatment of diseases like cancer is the goal of a new team of researchers from Carnegie Mellon University and the University of Pittsburgh. A team of researchers from Carnegie Mellon and Pitt will use fluorescent probe and imaging technologies with a $13 million grant. They will establish a national technology center for networks and pathways.
http://kdka.com/topstories
0 /local_story_114155639.html
| back to top

National News Stories

Dept. of early indicators
BusinessWeek | May 2006
On Apr. 18, Carnegie Mellon University unveiled a statue of the first engineering Ph.D. to graduate from what was then the Carnegie Institute of Technology back in 1919. "His career illustrates Carnegie Mellon's global reach and adds further luster to its history," said university President Jared Cohon. The man commemorated: one Mao Yisheng, who returned to his native China to design two famous bridges, Beijing's Great Hall of the People, and new engineering courses.
http://www.businessweek.com/@@3T0Ws2cQLihGIB4A/
premium/content/06_18/c3982016.htm?campaign_id=search
| back to top

 

Droids, workhorses join Robot Hall of Fame
USA Today (AP) | April 26
Hollywood droids and reliable industrial workhorses were celebrated together as Carnegie Mellon University named five inductees to its Robot Hall of Fame. The latest class of inductees includes Maria, the captivating art-deco robot of Fritz Lang's classic 1927 film Metropolis; Gort, the metallic behemoth from the 1951 sci-fi thriller The Day the Earth Stood Still; and David, the android played by Haley Joel Osment in Steven Spielberg's 2001 movie Artificial Intelligence: AI. Basking in the glow of their big-screen colleagues were AIBO, the robotic dog mass marketed in 1999 and now widely used in artificial intelligence research, and Scara, an industrial robot developed in the 1970s and commonly used in making circuit boards. "We decided to give awards to both real and fictional robots because the fictional ones provide inspiration to the real ones," said James H. Morris, the former dean of the university's computer science school and the founder of the hall of fame. ***This Associated Press article was placed in about 20 media outlets.
http://www.usatoday.com/tech/news/
robotics/2006-04-26-robot-hall_x.htm?POE=TECISVA
| back to top

 

Anger on the island
Newsday | April 26
The e-mail proposes a simple solution to rising cost of gas: boycott ExxonMobil, which would then be forced to lower prices, driving down the cost of gas at other companies' stations. The message, which has been making the rounds for years, has surfaced once again as prices have surpassed $3. The armchair activism has reached as far as Australia, where Esso and BP were substituted for ExxonMobil. But several experts said the plan won't work. If ExxonMobil refineries sell less gas to Exxon or Mobil stations, they would sell any leftover to other companies, said Lester Lave, professor of economics at the Tepper School of Business at Carnegie Mellon University. "So you're buying the same gasoline, you're just buying it from other retailers," Lave said. "The primary effect of this would be to hurt a whole bunch of independent and franchised ExxonMobil station owners and managers."
http://www.newsday.com/business/ny-bzmail
264717269apr26,0,3567546.story?coll=ny-business-print
| back to top

 

Robot runs over water
Discovery Channel | April 25
A robot that can speed across the surface of water like a lizard could open the door for multi-legged amphibious robots. The Water Runner, being developed by assistant professor Metin Sitti at Carnegie Mellon University in Pittsburgh, could search for victims in flooded disaster areas, be equipped with biochemical sensors to monitor water quality, or use tiny cameras to survey coastline security zones or ports. Sitti, who also heads the university's NanoRobotics Lab, regularly takes inspiration from bugs, beetles, and bacteria to build his robots. Ultimately, he'd like to create a machine that can move over land, water, fly and perhaps even climb. "My dream is to make all-terrain robots," said Sitti. That way, "the same robot can reach a much wider range of environments for searching."
http://dsc.discovery.com/news/briefs
/20060424/lizardbot_tec.html
| back to top

 

Students fight for Mideast peace in video game
CNN (AP) | April 24
A Palestinian suicide bomber blows up a bus, leaving the newly elected Israeli prime minister to puzzle over a response. A missile strike could ease security fears, or prompt more violence. A diplomatic approach might anger Israelis, leading to an assassination plot. The complex choices facing leaders in the Middle East have long confounded political analysts and policy makers. But two graduate students at Carnegie Mellon University are hoping their video game based on the conflict will help players find solutions -- and raise capital for their new company. But will such a game attract players and investors? Proponents of so-called serious games, an emerging genre of interactive games that tackle real-world problems, believe so. But major video game makers, while applauding such efforts, are wary of investing in them. Asi Burak and Eric Brown, along with a team of other students, have spent more than a year building "PeaceMaker," which attempts to simulate the violence and political turbulence of the Israeli-Palestinian struggle. ***This Associated Press article was featured in 30 media outlets.
http://www.cnn.com/2006/TECH/
fun.games/04/24/serious.games.ap/
| back to top

 

Comment on "phylogenetic MCMC algorithms are misleading on mixtures on trees"
Science Magazine | April 21
Phylogenetic inference has become an essential tool in the life sciences, with applications ranging from identification of virus transmission pathways to reconstruction of the universal ancestor of all life. Among the many approaches to the phylogeny problem, Bayesian inference with MCMC sampling has rapidly gained popularity in recent years because of its statistical rigor and computational efficiency. It is natural, then, that this approach has increasingly become the focus of detailed scrutiny. ***Joseph B. Kadane, Carnegie Mellon professor of Statistic and Social Science, was a contributing writer for this article.
http://www.sciencemag.org/cgi
/content/full/312/5772/367a
| back to top

Student Experience

Music Preview: Quartet inserts color into classical scene
Pittsburgh Post-Gazette | April 26
For the musicians of the Lago Flute Quartet, the future is bright -- specifically, bright magenta, orange, blue and yellow. The ensemble of current and former Carnegie Mellon University School of Music students has tapped into light emiting diode (LED) technology to enhance its performances in a unique way. When the group plays certain contemporary pieces, it dims the hall, and color emanates from their instruments through the open keys, blinking in sync with the music. ... "These are students who really get it; they know that it is not enough to play well," says Marilyn Taft Thomas, interim head of the Carnegie Mellon School of Music. "They are looking for a niche, and I think they exemplify the way young musicians need to be thinking. You have to make your own path. It is not enough to play brilliantly. You have to have business savvy and market sense."
http://www.post-gazette.com
/pg/06116/685001-42.stm
| back to top

 

The small stand tall in Carnegie
Mellon's annual buggy races

Pittsburgh Post-Gazette | April 23
The buggy races at Carnegie Mellon started in 1920 and have evolved from the soapbox derby sort of cars to become more aerodynamic, with the drivers riding head first. There is no power to the buggies other than the students who run behind them, pushing them up the hills on the course. The competition is split into two divisions: men's, in which the men push the buggies, and women's, in which the women push. For both of those competitions, the drivers and the rest of the crew can be of either gender. ... At Carnegie Mellon, the buggy races are "the big event of Spring Carnival and Spring Carnival is the big event of the year," said Edwin Fenton, a professor emeritus of history and the author of a history of the first 100 years of the university.
http://www.post-gazette.com/pg
/06113/684444-85.stm
| back to top

 

Newsmaker
Pittsburgh Tribune-Review | April 21
Satyan Pai. Residence: Oakland, Age: 21. Family: Single. Education: Carnegie Mellon University junior majoring in biological sciences and minoring in chemistry. Plans to pursue an advanced degree in molecular biology. Background: Conducts molecular biology research that involves analyzing a method of fluorescently labeling proteins so they can be monitored inside cells. He will intern this summer at Merck Pharmaceuticals Research Labs in New Jersey. Noteworthy: Recently was one of 323 college sophomores and juniors nationwide to be awarded the Barry M. Goldwater Scholarship. Quote: "I was really surprised I was the only one from Carnegie Mellon," he said. "My parents were ecstatic. My dad is still telling everyone at home about it."
http://www.pittsburghlive.com
/x/search/s_445882.html
| back to top

Arts and Humanities

'Wind in a box' by Terrance Hayes
Pittsburgh Post-Gazette | April 23
Opening Terrance Hayes' new book of poetry is like being drawn into whirling tornadoes of emotions, words and poetic styles, revealing a poet not afraid to take chances or take on any subject, no matter how fraught with cultural land mines. Hayes, who was born in Columbia, S.C., and currently teaches at Carnegie Mellon University, always returns to the ravages of racial prejudice. Based on a photograph, he presents the shameful legacy of lynching in "A Postcard From Okemah." ... The poem and the book itself leave us still split. Yet through the mysterious wind in the breath and voice of a wonderful poet like Terrance Hayes, we are also left poised on the edge of being made right.
http://www.post-gazette.com
/pg/06113/683797-148.stm
| back to top

 

Computing with architecture
Pittsburgh City Paper | April 20
If you want a real education in architecture, go to Carnegie Mellon, and not simply for the School of Architecture (where, yes, I am an adjunct faculty member). The university has just unveiled a new design for the Gates Center for Computer Science, an $88 million, 209,000-square-foot building (really two adjoining ones) funded in part by the Bill and Melinda Gates Foundation. It is designed by the highly regarded Atlanta-based firm Mack Scogin Merrill Elam Architects, working with landscape architect Michael Van Valkenburg. ***This article was written by Charles Rosenblum, Carnegie Mellon Adjunct Assistant Professor of Architecture.
http://www.pittsburghcitypaper.ws/archive.cfm?type=Writing
%20on%20the%20Walls&action=getComplete&ref=6024
| back to top

Information Technology

Real-world and reel-world robots honored
Pittsburgh Post-Gazette | April 26
Just call the Selective Compliance Assembly Robot Arm the Charlie Hustle of robotics. The four-jointed human-size robotic arm was applauded last week at the third annual Carnegie Mellon University Robot Hall of Fame induction ceremony for revolutionizing the manufacturing of consumer electronics, just as baseball's Pete Rose similarly transformed base running. ... Science fiction has always inspired people to become scientists," said Jim Morris, the dean of Carnegie Mellon's Computer Science department at its West Coast campus in California. "Robots can be entertaining, but we must remember they are also made of real circuits." ... "Robots need three basic components: perception, cognition and action," said Carnegie Mellon Professor Manuela M. Veloso, who teaches an introductory robotics course that features the AIBO. "The AIBOs help deconstruct what robots are for the students -- instead of them being just zeros and ones."
http://www.post-gazette.com/
pg/06116/684969-114.stm
| back to top

 

Experts see computers getting
bigger and smaller at the same time

Pittsburgh Post-Gazette | April 23
When pioneering professors Herbert Simon and Allen Newell began working with the first computer at what is now Carnegie Mellon University in 1956, they had no clear vision of how their research would reshape the world 50 years later. So it's no surprise that the experts visiting the campus last week to celebrate the 50th anniversary of computing at Carnegie Mellon shied away from predicting what the digital universe will look like in 2056. They were more than happy, though, to share what might come out of their labs in the next five to 10 years. As they talked enthusiastically about electronic books and wall-size computers, the corporate and university researchers charted four major compass points for the future.
http://www.post-gazette.com
/pg/06113/684425-96.stm
| back to top


U.S. tech lead challenged by globalization of innovation
EE Times | April 21
The U.S. retains its innovation edge in electronics, but experts said the globalization of innovation is transforming the technology landscape in ways that could threaten U.S. leadership. Semiconductor, computing and software technologies are central to the ongoing debate over how globalization is transforming innovation. Experts at a symposium here on Friday (April 21) said the impact of globalization and outsourcing have so far been mixed. ... Chris Forman of Carnegie Mellon University said software services are being outsourced, mostly to India, while innovative database and office automation software continues to be written here. That could change, however, if the steady decline in federal research dollars continues along with the decline in U.S. computer science graduates, Forman said.
http://www.eetimes.com/news/design
/showArticle.jhtml?articleID=186500761
| back to top

Biotechnology

Gel may replace radiation treatment for breast cancer
WPXI | April 25
Women who have surgery for breast cancer often have to undergo radiation therapy. It often causes breast deformities that then need to be corrected through reconstructive surgery. Now researchers at the McGown Institute for Regenerative Medicine at the University of Pittsburgh and bioengineers at Carnegie Mellon University may have found a way to avoid that complication from breast cancer surgery.
http://www.wpxi.com
/health/8990421/detail.html
| back to top

Environment

Emissions under scrutiny
The News & Observer | April 26
Researchers told the state's global climate change task force Tuesday that emissions from power plants and vehicles account for three-fourths of the nation's man-made carbon dioxide, a potent greenhouse gas. David Greene, a transportation researcher at the Oak Ridge National Laboratory in Tennessee, said improving the fuel efficiency of cars and trucks could make the largest single contribution to reducing greenhouse gases of any change in the transportation sector. ... Echoing Greene, Edward Rubin, director of the Center for Energy and Environmental Studies at Carnegie Mellon University, said national policies are needed for significant reductions in power plant emissions -- the largest source of carbon dioxide.
http://www.newsobserver.com
/102/story/432695.html
| back to top

 

Yelling 'fire' on a hot planet
The New York Times | April 23
Global warming has the feel of breaking news these days. Polar bears are drowning; an American city is underwater; ice sheets are crumbling. Time magazine proclaimed that readers should be worried. Very worried. There are new hot-selling books and a batch of documentaries, including one starring former Vice President Al Gore and his climate-evangelist slide show that is touted as "the most terrifying movie you will ever see." ... Projections of how patterns of drought, deluges, heat and cold might change are among the most difficult, and will remain laden with huge uncertainties for a long time to come, said M. Granger Morgan, a physicist and policy expert at Carnegie Mellon University in Pittsburgh.
http://www.nytimes.com/2006/04/23/
weekinreview/23revkin.html?pagewanted=1&_r=1
| back to top

Regional Impact

The private sector: Another renaissance for Pittsburgh offers global opportunity, not just competition
Pittsburgh Post-Gazette | April 25
Pittsburgh has the people and the know-how to prosper in the new global economy and should not allow fears of worldwide competition to overshadow the future growth potential of southwestern Pennsylvania. When I was a professor at Carnegie Mellon University during the 1980s and 1990s, and was building a high-tech company Downtown that eventually was bought by IBM, I saw the continuing evolution of world-class talent and entrepreneurial spirit here. Today we are entering an era when advanced technologies, which are among Pittsburgh's clear strengths, are permeating every area of human endeavor. ... Fifty years ago this month -- before the space race or the computer chip -- Carnegie Mellon began research and education in the field of computer science, laying the foundation for one of the nation's first degree-granting departments. By contributing to technical knowledge and educating future technologists, Carnegie Mellon has not only created one of the world's top universities, but also has helped to build a more diverse economy in its neighborhood. Today nearly 17 percent of the region's work force is employed in technology-related jobs. ***This article was written by former tenured professor at Carnegie Mellon, Dr. Alfred Z. Spector, who was a guest speaker at Carnegie Mellon's 50th anniversary celebration for the School of Computer Science.
http://www.post-gazette.com
/pg/06115/684766-28.stm
| back to top

Local News Stories

Statue honors builder of Chinese bridges
Pittsburgh Post-Gazette | April 26
Civil engineer Mao Yisheng was the first person to graduate with a doctorate from Carnegie Mellon University, then the Carnegie Institute of Technology, in 1919. Dr. Mao, who died in 1989, attended Carnegie Mellon when the school was in its infancy -- it had only been in existence for 19 years. The famous engineer, who had a profound effect on the engineering and academic communities of China, last week was honored with a statue on the Carnegie Mellon campus, installed outside Baker and Porter halls. "This is a wonderfully appropriate place for this statue because not only is his department in this building, but he would have studied in this building," Carnegie Mellon President Jared Cohon said at the statue dedication ceremony. ... While studying at Carnegie Mellon, Dr. Mao filled 200 notebooks with his ideas and innovations, said Pradeep Khosla, dean of engineering.
http://www.post-gazette.com
/pg/06116/685151-298.stm
| back to top

International News Stories

Microsoft research recognizes computer science's most promising professors with new faculty fellowships
Noticias.info | April 26
Microsoft Research today named the five newest members of its highly prestigious Microsoft Research New Faculty Fellowship Program. Because new faculty members are essential to the future of academic computing, Microsoft Research honors early-career professors who demonstrate the drive and creativity to develop original research while continually advancing the state of the art of computing. ... "I was particularly impressed with the strength of all the applicants," said Jeannette Wing, a member of the application review committee and head of the School of Computer Science at Carnegie Mellon University. "These young faculty show passion for their research, have a clear vision of what they want to achieve, and understand how their work contributes not just to science, but to society."
http://noticias.info/asp/
aspcomunicados.asp?nid=171341
| back to top

 

New method allows heart beat triggers to be viewed and better understood
Medical Research News | April 25
Being able to witness the precise events that form the heart's orchestral rhythm or the rat-a-tat-tat of irregular heartbeats could enable researchers to better understand the underlying causes of arrhythmias and sudden cardiac death. Indeed, a team from the University of Pittsburgh School of Medicine and Carnegie Mellon University report they have developed unique chemical dyes that have made it possible to see what the naked eye has never seen before: action potentials, or voltage changes, of cardiac cells - including those deep inside the heart, which trigger and determine the pace of heartbeats. ... To create a method capable of yielding images of a cell as its voltage changes, Dr. Salama teamed up with Alan Waggoner, Ph.D., and Lauren Ernst, Ph.D., of Carnegie Mellon's Molecular Biosensor and Imaging Center. Together, they developed the long wavelength, voltage-sensitive dyes described in the paper.
http://www.news-medical.net/?id=17566 | back to top

 

Down Under plan for U.S. lab
Australian IT | April 25
South Australia has moved a step closer to luring Carnegie Mellon University's famed Software Engineering Institute to Adelaide. Both the government and the research group are talking up the chances of an institute presence in the state. Premier Mike Rann visited the institute in Pittsburgh this month in an attempt bring it to Adelaide to join the new Carnegie Mellon University campus, which opened early this year.
http://australianit.news.com.au/articles/0,7204,1891
8342%5E15317%5E%5Enbv%5E15306,00.html
| back to top

 

'Concorde fallacy' still pervades business
Shanghai Daily (Bloomberg) | April 20
One of the enduring mysteries of the finance world is also one of the simplest. How do seemingly intelligent, well-educated people make so many bad decisions? New research confirms what many of us had suspected all along. Most managers find it virtually impossible to think straight. So do most investors. They keep letting their emotions and their pride get in the way. Last year, a study found that people suffering from a certain type of brain damage were a lot better at making investment decisions than other people. A team from Stanford University, Carnegie Mellon University, and the University of Iowa looked at the investment decisions made by people who were unable to feel emotions because of brain lesions, yet who otherwise were completely normal.
http://www.shanghaidaily.com/art/2006/04/21/263474
/__039_Concorde_Fallacy__039__still_pervades_business.htm
| back to top

 

 

 

 


 

 


Other Carnegie Mellon News || Carnegie Mellon Home