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Andrew Lo Quotes

- Economist | -

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

Great Loved Everyone Through Cancer

My mother died of lung cancer last year. I felt helpless. As an economist, I thought, 'What can I do?'

Mother Thought Year Cancer Last

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.

Opportunity World Financial Bag Room

More and more investors may be coming into markets everywhere but that doesn't mean that the markets are really getting more and more efficient, even in the United States. It does mean that there is more access for savvy investors who watch the money flows.

Money More Mean Coming Watch May

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

Business Great Talent Investment

Financial crises are an unfortunate but necessary consequence of modern capitalism.

Capitalism Financial Modern Necessary

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!

Responsibility Black Someone Creating

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.

Science Economics Think Thinking

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