Andrew Lo quotes

Great investors need to have the right combination of intuition, business sense and investment talent. (Andrew Lo)
While neurological studies have tried to identify components responsible for fear and greed, the impact on finance is less clear. View quote
Andrew Lo
Financial crises are an unfortunate but necessary consequence of modern capitalism. View quote
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. View quote
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. View quote
Andrew Lo
Maybe we should teach schoolchildren probability theory and investment risk management. View quote
Andrew Lo
My mother died of lung cancer last year. I felt helpless. As an economist, I thought, What can I do? View quote
Andrew Lo
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. View quote
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. View quote
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?' View quote
Andrew Lo

Andrew Lo

Andrew Lo - Image
Photo: Wikimedia commons, CC BY 3.0
Occupation: American Economist
Born: 1960
Quotes count: 10

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