Andrew Lo Zitate auf Englisch

Zitat des Tages von Andrew Lo:

Maybe we should teach schoolchildren probability theory and investment risk management.

During periods of extreme fear or greed, you don't have the proper balance between those two to generate market efficiency and you get extremes in behavior.

Andrew Lo

Some people might say, 'Can we afford it?' I think that's asking the wrong question... We should instead be asking, 'Can we really afford not to try?'

Andrew Lo

If troubled companies want to explain away 2008 as a 'black swan,' then someone should take responsibility for creating the oil slick that seems to have tarred the entire flock!

Andrew Lo

The United States has the most sophisticated financial markets in the world, which does not leave much room to maneuver. But it also offers investors the greatest access to information and the ability to execute trades quickly and efficiently. So it is a mixed bag of opportunity.

Andrew Lo

Great investors need to have the right combination of intuition, business sense and investment talent.

Andrew Lo

Many of us like to think of financial economics as a science, but complex events like the financial crisis suggest that this conceit may be more wishful thinking than reality.

Andrew Lo

Maybe we should teach schoolchildren probability theory and investment risk management.

Andrew Lo

What makes this story so remarkable is that throughout my early childhood I had ongoing learning difficulties, particularly in mathematics. I struggled to learn the multiplication table, and no matter how hard I tried, I simply couldn't remember 6 times 7 or 7 times 8.

Andrew Lo

Cancer is the great equalizer. Everyone is affected by it either themselves or through loved ones.

Andrew Lo