what the researchers showed from cal tech and both virginia tech as well, actually, they think this couldgood predictor of bubbles and over rationalization of exuberance, when people get hot, can you see this in people's brains. they think this can be a training tool, maybe this is learned, it's not innate. >> the more successful traders is like a risk management function in their brain? >> yes, absolutely. >> i'm curious, when they study women and men, women typically are more successful traders because they take less risks. >> that's really interesting. >> i wonder if your fri will be another page if your book. >> that was a conversation we had. could this be like part of your testing for getting a job, showing you have the signals to tell you when to lay off? >> interesting. we should note that pete nagerian participated in the study. here's a look pence his brain. >> that's surprising. >> fast cars. crickets, too. >> football, no surprise. >> what else is in there, pete? >> oh! >> wow! >>. >> this is fascinating. was it all men by the way? >> it was a mix. >> it's so obvious. >> that

. >> the top five schools to pay scale, harvey mudd, mit, cal tech, stanford, stevens institute of technologythose of course have high returns on investments because they tend to be schools where there is large stem graduates, a percentage of the graduates. that is one thing to bear in mind, somewhat self-selecting. those are students in high-paying majors that they go there. in returns of looking return on investment, look at your aid package, what are you actually paying? avoiding the debt. if you go to school, where you don't incurnc a lot of debt you have more flexibility majoring because you're not tied down to certainyo career because you hae to pay off the student loan. gerri: talk about things people do wrong applying for aid. some look down, look at package and will have to get more aid. some mistakes are silly, like putting down wrong social security number but beyond that what are some mistakes people make? >> they think somehow this is altruistic charitable thing. they don't realize a business decision when you apply for financial aid. the college wants you, attractive you will ge

joining us, reed montague, who co-authored a study with cal tech, looking into the brain waves of investsxperiment as economics. reed, a real pleasure. thanks for coming on the show. i read the summation with great interest. it was very complex, tell us what the results are that you found? >> we did something inch. >> i had cash that under an interest rate. the trick was during that experiment, which was spread across the country, we are scanning the brains of at least three of the participants in each of the markets. groups of peach. in the context overvalue or union value or wrongly value things going on. how does it differ versus those who keep buying no matter the price. >> the first thing we found was that everyone's brain tracks the price bubble. that's significant because in this particular experiment, the fundamental value of the stock was absolutely clear and transparent the entire experiment. yesterday we had bubbles that went way above 100 a subset of these guys had essentially warning signals going on, and -- everyone that didn't have that went through the bubble, lost everyth

researchers from cal tech and virginia tech say the work sheds light on what contributes to market bubblesould give us clues about how to potentially mitigate them. they also cite warren buffet and his advice, to be fearful when others are greeding and greedy when others are fearful and say his research at least has got neuroscience on his side. >> meg, thank you. appreciate it. >> love this! >> let's pick the brains of a couple of traders here to see what they think. >> i was watching your expressions as you were listening to meg there. we've got kenny from o'neil securities with us and peter costa from empire executions. so, the premise is that something goes off in your brain when you guys sense that we are in an irrational exuberance period, things have extended themselves too much and it's time to get out. you know, you have that innate ability that us mortals do not have. do you agree? >> i definitely agree. i think there's certainly in a type "a" personality, kind of a broker that's been in the thick of it. i think it's either something you either develop or you just have it. i thin

evaluation committee and the only point that i would make on this is generally when you have a very high-tech calcore, and a high quality car and you end up with a high price, and this process for us reversed that. and you had a high, technical score and a comparive price and the other thing to go back to highlight is the alternate approach and what we did in addition to saying that this is the car that we want, and we in this spirit of following the process, where we partnered with the industry, we said, look, we may not have thought of everything. and you build the cars for a living and you may have a better approach on the technical side and you may have a better approach on the business side, tell us what they are. and for example, on the technical side, semans presented 35 or so potential enhancements and one of the things, for example, something called a mary pia. which was fairly common in railroads but we never tried it and what we will do is basically take and right now we reverse the ends and there is an a and a b end and there is power in each end and what it will do, is you will take

was or who cal-tech was. >> it's m.i.t. manhattan project. >> we were just blown away.anything in this competition. >> when we walked in, we were different. >> we definitely felt out of place. it was definitely something that stood out there. >> i had never seen that much white people. nobody was mexican or his tanpa or latino. >> msnbc will be airing a version of that film sunday at 1:00 p.m. eastern tomorrow. you don't want to miss that. what a great story. >> richard, thank you so much, and i feel so delighted to have been able to make this story, particularly at a time when we can really showcase sort of the human aspect of this, and show people that there is extraordinary human capital in places that you might not think to look. >> when we think and we go back ten years and the situation where they beat those m.i.t. college students, what was that moment like for these four? >> it was really extraordinary. i mean, these boys went in, they had a robot that cost $800, made out of, you know, duct tape and chewing gum and bits and pieces from home depot. >> all they ne

just what it was made of and how it got there but by using some very clever chemistry our team at cal tech and godrd were able to measure the actual age of the rock. this was a huge goal for mars as early as 2000. we now did it on mars as a side bar to what we were trying to do. we also measured the surface exposure age. this is really important. while the rocks are really old, older than any rock on earth, they've only been exposed for a few tens of millions of years. and what we see in those rocks exposed is very important because we now know from new labwork that's been done around our community on this mission that the base radiation, that nasty stuff that we were talking about earlier today, destroys organic molecules. if you sit them there for tens of millions of years they won't look organic. you won't know you found the stuff you are looking for. we think we understand that the materials that are buried deeper relative to these little hills are protected from space radiation relative to those that are constantly being scaveanged by the wind. so if you're trying to find organic mole

that it's crazy to bring all these bright kids from india and china and to put them, stanford, and cal technd these places and then not give them a job. they just go back to their countries and compete with us. so it's a matter of public policy, it's ridiculous. we shouldn't be afraid of hiring ph.d.s and master degrees in engineering, and keep them in the u.s. it's good for our economy. it's good for our global position. >> what do you say to people who say, gosh, china, india, the emerging markets are all training these engineers, and because of technology, maybe they don't even have to come to the united states, and you can hire them. we had a ceo on last week who was hiring a ph.d. in the ukraine, for one-fourth of what it would take for, you know, it was cheaper than hiring a secretary, he said. and so, as a result, do you want to go into engineering knowing that somebody else can do it cheaper and not even have to come to the country? >> all i know is if you're a well-trained engineer from a good school, you're plenty available to get a job in the u.s. so this is a myth that -- the fa

working against cars and competition from other mobile devices, it's also the competition from tech no long caling people around. more public transit. more things like uber and zip car where you don't own the piece of hardware, you buy access to the hardware to get around. i do think one of the reasons why car companies are struggling is because all forces working together are going to prevent people from buying cars and buying as many cars as they used to. didn't have to be a driverless future. if it's a less driving future, in which miles driven per person continue to decline every single year, every single decade, you're looking at the greatly diminished car market in the u.s. which means they have to push abroad if they are continue to grow. >> it's going to be a rough road hear. >> roof ahead ahead for car companies. >> it is a car pun. >> also, we forgot to mention, city bike, you did a whole series, biked around. >> that's true. >> it is interesting, young people have less of that ownership obsession if they have access to wheels, they don't need to always own the wheels. derrick thompso

cal home info.com. they're real experts you trust. >>> fix it friday and today's tech report, helping a pelt shelter getd post en on line quickly. >> doing great things by getting animals adopted, but their donated computer systems are slow and unorganized until we stepped in. at the pet shop, volunteers have rescued and adopted over 800 animals. >> we can make a lot more if we were able to get their pictures out and stories out quicker. >>reporter: the problem is, their donated equipment isn't exactly state of the art. >> it says easy share. it's not so easy. >> not for us, no. >>reporter: it's essential to get pictures of the pups on to adoption websites fast, but the current process is slow. and unorganized. >> we can probably double our adoptions if we're able to get their photos up. >>reporter: i set them up a drop baks, everything is backed up and shared between machines. then i called my friends at samsung, who were kind enough to donate a galaxy camera. >> take a picture on it. go right to the drop box. >> complenlt, that's exactly what we need. >>reporter: that was the easy part. perfect. look