Charles E. and Susan T. Harris Professor, MIT Sloan School of Management

Cambridge, MA
Joined July 2012
Honored to have given the 2026 Adam Smith Lecture at Smith's last residence, @AdamSmithHouse, 250 years after Wealth of Nations was published! My talk—on AI, moral sentiments, and why society needs an AI immune system—is here: youtu.be/w4_OXf-TQJk?si=6yem…
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We lost a giant of modern finance today. I feel fortunate to have known @VicNiederhoffer, to have learned from him, and to have been inspired by his example. A finance scholar, trader, world-champion squash player, and endlessly curious intellectual, he was as generous and kind as he was brilliant. He will be deeply missed. RIP
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I’m excited to share that I’ll be speaking at MESH Core 2026! MESH Incubator | Mass General Brigham and Mass General Brigham Innovation. I’ll be delivering the keynote, “Cancer and the Cost of Capital,” and look forward to joining an outstanding group of leaders and innovators for conversations on the future of healthcare, technology, investment, and entrepreneurship. MESH Core brings together a powerful community focused on advancing ideas from concept to impact, and I’m honored to be part of this year’s program. Register: because.massgeneral.org/even… Explore the event: meshcore.meshincubator.org #MESHCore2026 #HealthcareInnovation #HealthTech #Biotech #DigitalHealth #Innovation
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The MIT Morningside Academy for Design, the MIT Schwarzman College of Computing, and the Hasso Plattner Institute in Potsdam have established a new collaborative hub for AI and creativity. Learn more at the link below. bit.ly/4lTpwWg 📷: Gretchen Ertl
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Honored to have co-authored with @DrStanleyCrooke---one of the pioneers of ASOs, and an even bigger pioneer of how to help nano-rare patients via n-Lorem. We have to do better on behalf these patients and there are several business models for doing so.
Establishing a commercial solution for extremely rare genetic diseases - @DrStanleyCrooke @AndrewWLo go.nature.com/4aHSIvu
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Dave Schmittlein led @MITSloan for 17 years, transforming us from a niche player to a top-5 management school. He did so by always putting faculty, staff, and students first—never took the limelight, even though he was a star. Smart, funny, and wise, he inspires us. RIP
MIT Sloan’s former dean, David Schmittlein, has passed away after an extended illness. Not only was he an incredible leader, but he was also a mentor, a teacher, and a friend who brought the school to new heights during his 17-year tenure. We will miss him very much.
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Two important pubs from @GCAResearch that all healthcare stakeholders should read ASAP! This is a much better way to conduct drug trials, for patients, biopharma cos., and for investors—everybody wins! Special shout-out for their ovarian cancer adaptive trial.
We're thrilled to share valuable insights and actionable solutions with our latest white papers! 📄✨ Our first two papers dive into master protocols, highlighting benefits to stakeholders and key operational considerations for these specialized trials. Stay tuned – we’ll be releasing more white papers in the coming months, covering topics like site activation & engagement, data management, financial efficiency, and resourcing. We are eager to continue to educate and raise awareness about these innovative clinical trial solutions, with the goal of elevating and engaging the broader community. We are #FasterTogether! To read our latest white papers, visit: gcaresearch.org/educational-… #ClinicalTrials #MasterProtocols #Innovation #WhitePapers #ClinicalResearch
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Irony overload...
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My heart goes out to all who lost people and/or homes in the recent LA fires. In the midst of this pain, you'll need to file insurance claims. This may help: youtube.com/watch?v=RMLjzNSt… Huge loss makes it tough to make good choices; pls check with a friend before big decisions!
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Can't fully express how excited my colleagues and I are to be welcoming Rick Locke back home to @MITSloan as our new dean!! Although he has an extremely tough act to follow---given Dave Schmittlein's transformative 17-year run---Rick served under Dave as deputy dean, then provost at Brown, and now dean of Apple University. So fortunate to have recruited this extraordinary leader!
We are pleased to share the exciting news that @MIT has appointed Rick Locke, PhD ’89, as the next John C Head III Dean of the @MITSloan School of Management. We are excited for this new chapter at MIT Sloan, and hope you'll join us in celebrating this moment.
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Yes, check out the videos of the 2023 MIT conference celebrating the 50th anniversary of the Black-Scholes/Merton publications at the @mitlfe channel youtube.com/@mitlaboratoryfo… (and check out my closing remarks for a surprise gift to Merton and Scholes).
I’d love to learn more about the mathematical modelling behind it, the choice and reasoning for the differential equations. Any MIT courses that would cover these?
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Ed Roberts was an extraordinary scholar who created the academic field of entrepreneurship, and put his theories into practice with great success. But he also helped so many scholars in other fields, including me. His support and encouragement while I was a junior faculty changed my career path; any success I may have achieved in my research/teaching/practice is due, in part, to his kindness and mentorship. RIP
One of the entrepreneurial pillars at @MIT has left us, but his legacy lives on at @EshipMIT and @MITSloan. Students and faculty alike will remember his unwavering commitment to startups and growth at MIT. RIP, Ed Roberts.
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Honored to be included in @veritasium's latest video on "The Trillion Dollar Equation", and kudos to Derek Muller and his team for making finance both cool and fascinating in a totally accessible and accurate way! Not as easy as he makes it look!!
The most famous equation in finance, the Black-Scholes/Merton equation, came from physics. It launched an industry worth trillions of dollars youtube.com/watch?v=A5w-dEgI…
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Feb 21-22 the global investment community will connect with the global fusion industry at the 2nd @FusionXInvest event at MIT in Boston. The @FusionXInvest agenda is live and populated with some of the biggest names in the industry, including: Senator Susan L. Moran, MA; Dr. Phil Larochelle, Partner, @Breakthrough Energy Ventures; Dr. Clea Kolster, Partner & Head of Science, Lowercarbon Capital; Matt Trevithick, Co-Founder, Leitmotif; Kike Miralles, Principal, Starlight Ventures. Register here: fusionxinvest.com/fusionxinv…
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Congrats, @VertexPharma for making history twice today: (1) developing a CURE for #SickleCellDisease; (2) being first to use #CRISPR gene-editing to do it. Now let's make sure every eligible patient has access to this life-changing therapy.
#Breaking: The U.S. FDA approves our treatment for #SickleCellDisease. We are excited to make this treatment available to patients. Learn more: news.vrtx.com/news-releases/…
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