Andrew Lo
Economist
Andrew W. Lo is a Hong Kong-born Taiwanese-American economist and finance professor at MIT Sloan. He is known for research in financial economics and for founding AlphaSimplex Group. He directs MIT’s Laboratory for Financial Engineering.
Quotes by Andrew Lo
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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.
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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!
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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.
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