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which recognizes<br />

exceptional academic<br />

achievement,<br />

Branch received<br />

the Chancellor’s<br />

Medal, the highest<br />

honor bestowed on<br />

individuals for service<br />

to the University.<br />

After demonstrating<br />

Ben Branch<br />

the power of<br />

disciplined long-term investment<br />

planning, including compounding, tax<br />

sheltering, and leveraging of assets like<br />

homeownership, Branch offered his<br />

audience a litany of investment dos and<br />

don’ts. Investors should avoid hot tips<br />

and, for that matter, vehicles that elude<br />

their understanding. <strong>The</strong>y should be<br />

wary of all fees and expenses and the<br />

recommendations of technical analysts. In<br />

addition, they should avoid investing more<br />

than 10 percent of a portfolio in any single<br />

security.<br />

On the positive side, Branch<br />

recommended investing in broad-based<br />

index funds, no-load funds, and tax<br />

sheltered vehicles. Acknowledging the<br />

ailing housing market, he nevertheless<br />

applauded the long-term financial<br />

performance and leverage associated<br />

with home ownership. He also noted that<br />

consumers could lower their trading costs<br />

by using Internet and discount brokers.<br />

And he recommended that investors<br />

diversify internationally. All but four of 83<br />

countries that have stock exchanges have<br />

yielded higher average returns than our<br />

own, he said. And international investment<br />

allows for diversification well beyond the<br />

capacity of the U.S. market.<br />

Professor Crosset<br />

Honored for Community<br />

Service Course<br />

In January, Associate Professor of Sport<br />

Management Todd Crosset received<br />

a 2007-2009 Faculty Fellowship for<br />

Youth grant from the Rhode Island and<br />

Massachusetts Campus Compacts. <strong>The</strong><br />

Todd Crosset<br />

two-year $5,000 fellowship supports<br />

the development of faculty who pursue<br />

community-based learning, especially<br />

learning that involves critical issues<br />

affecting youth development. Crosset was<br />

recognized for his experiential learning<br />

class, Sport and Community Relations,<br />

which engages students in an annual<br />

initiative—Key Players. Each year, the<br />

project honors ten Springfield men of<br />

color who have a positive influence on<br />

children in the community. Crosset will<br />

use his award to strengthen his course<br />

and to foster new ties between the UMass<br />

Amherst campus and the Springfield<br />

community.<br />

Professors Peters and Manz<br />

Honored for Outstanding<br />

Journal Article<br />

In May, “Identifying Antecedents of Virtual<br />

Team Collaboration,” by <strong>Isenberg</strong> School<br />

management professors Linda Peters<br />

and Charles Manz was chosen as one of<br />

2008’s three Highly Commended Papers<br />

in Team Performance<br />

Management: An<br />

International Journal.<br />

Peters is Dean’ s<br />

Assistant Professor of<br />

Management. Manz is<br />

Nirenberg Professor of<br />

Business Leadership.<br />

Chosen by the journal’s<br />

editorial team, the article<br />

Linda Peters<br />

appeared in Volume<br />

13, 117-129 of the<br />

publication. Professors<br />

Peters and Manz have<br />

also collaborated on<br />

“Getting Teams Right<br />

the First Time: Keys to<br />

Successful Collaboration<br />

in the Virtual World,” in<br />

<strong>The</strong> Handbook of High Charles Manz<br />

Performance Virtual Teams<br />

(Jossey-Bass, 2008).<br />

Book Debunks Stereotypes<br />

in China of Former U.S.<br />

Servicemen<br />

“A generation of Chinese grew up<br />

dehumanizing Americans and American<br />

servicemen who fought in World<br />

War II, Korea, and Vietnam,” remarks<br />

<strong>Isenberg</strong> School Director of Information<br />

Management Kaimei Zheng. “I wrote<br />

my book, Wars in the Eyes of American<br />

Soldiers: from WWII and the Korean<br />

War to Vietnam (Xinhua Publishers), to<br />

dispel such<br />

misperceptions<br />

among Chinese<br />

readers. Zheng’s<br />

book, which<br />

collects oral<br />

histories from<br />

11 American<br />

servicemen,<br />

has sold over<br />

10,000 copies<br />

in China since<br />

its publication<br />

in January<br />

2008. “Early<br />

readers have<br />

exclaimed—<br />

’<strong>The</strong>y’re [American servicemen] really<br />

human beings too!’ That’s just the message<br />

that I hoped they’d come away with,”<br />

notes Zheng, who teaches a course in<br />

business website design and leads <strong>Isenberg</strong><br />

School students on two-week class trips to<br />

China.<br />

17

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