If we are able to allow people to earn a decent rate of return, with sufficient scale, we can all do well by doing good. Andrew Lo decentearngood Change image and share on social
Ideas percolate. Through natural selection, the best ones survive. Andrew Lo ideanaturalpercolate 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
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
My mother died of lung cancer last year. I felt helpless. As an economist, I thought, 'What can I do?' Andrew Lo cancerdieeconomist Change image and share on social
Most people are overconfident about their own abilities. That is probably a good thing. But we would be horrified if a physician's aide engaged in heart surgery. Andrew Lo abilityaideengage Change image and share on social
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 blackcompanycreate Change image and share on social
The adaptive markets hypothesis says that all economic institutions, like our own species, develop and change over time, depending on the population of investors that are engaged with them. Andrew Lo adaptivechangedepend Change image and share on social
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 childhooddifficultyearly share on social
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
