I don't entirely reject the idea of efficient markets. It needs updating. Download Download Share on Facebook Share on Twitter Rotate quotes efficient idea market
Cancer is the great equalizer. Everyone is affected by it either themselves or through loved ones. Andrew Lo affectcancerequalizer Change image and share on social
If you rank the top 50 one-day moves in the S&P 500, a fair number of those happened within the last five or 10 years. That tells you that we're in a different, riskier market now. Andrew Lo dayfairhappen Change image and share on social
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 affordpeoplequestion Change image and share on social
I just had an idea that went right over my head. Lawrence Welk headidea Change image and share on social
Well, there's no question that the law passed in 1996 was flawed. It deregulated the wholesale market, meaning the price that the utilities had to pay energy companies for power, but not the retail market. Gray Davis companyderegulateenergy share on social
The market is incredibly inefficient and capable on rare occasions of being utterly dysfunctional. And people have a really hard time getting their brain around that fact. They want to believe that it's approximately efficient almost all the time, and it simply isn't true. Jeremy Grantham approximatelybraincapable share on social
