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Andrew Lo Quotes: Maybe we should teach schoolchildren probability theory and investment risk management.
         

Maybe we should teach schoolchildren probability theory and investment risk management.


Andrew Lo
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Other quotes of Andrew Lo


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

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



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

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



While neurological studies have tried to identify components responsible for fear and greed, the impact on finance is less clear.

While neurological studies have tried to identify components responsible for fear and greed, the impact on finance is less clear.



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.

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.



The risks facing hedge funds are non-linear and more complex than those facing traditional asset classessuch risks are currently not widely appreciated or well-understood

The risks facing hedge funds are non-linear and more complex than those facing traditional asset classessuch risks are currently not widely appreciated or well-understood



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

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



Labor is getting more expensive and technology is getting cheaper.

Labor is getting more expensive and technology is getting cheaper.



Ideas percolate. Through natural selection, the best ones survive.

Ideas percolate. Through natural selection, the best ones survive.





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Integrity to yourself, honesty to others..trust yourself to be trusted ...simple..(Ejump, 2017)

Integrity to yourself, honesty to others..trust yourself to be trusted ...simple..(Ejump, 2017)



You ever think about the noose?''I been thinking about the noose since I was born.

You ever think about the noose?''I been thinking about the noose since I was born.



I've come for one of your lasses, " Sinclair said again. "A maid - she must be a virgin."Donal folded his arms over his chest. "What for? Pagan sacrifice?

I've come for one of your lasses, " Sinclair said again. "A maid - she must be a virgin."Donal folded his arms over his chest. "What for? Pagan sacrifice?



Close-Up is a very particular film in my oeuvre. It's a film that was made in a very particular way; mainly because I didn't really have the time to think about how to go about making the film.

Close-Up is a very particular film in my oeuvre. It's a film that was made in a very particular way; mainly because I didn't really have the time to think about how to go about making the film.



As if reasoning were any kind of writing or talking which tends to convince people that some doctrine or measure is true and right.

As if reasoning were any kind of writing or talking which tends to convince people that some doctrine or measure is true and right.



No one can enjoy freedom without trembling.

No one can enjoy freedom without trembling.



I look upon the judgment of right and wrong as the serpentine dance of a dragon, and the rise and fall of beliefs as but traces left by the four seasons.

I look upon the judgment of right and wrong as the serpentine dance of a dragon, and the rise and fall of beliefs as but traces left by the four seasons.



Time's going to pass anyway, so it's prioritizing what to do with that.

Time's going to pass anyway, so it's prioritizing what to do with that.



You can't move mountains by whispering at them.

You can't move mountains by whispering at them.



Don't turn away from possible futures before you're certain you don't have anything to learn from them.

Don't turn away from possible futures before you're certain you don't have anything to learn from them.




Quote Description


This page presents the quote "Maybe we should teach schoolchildren probability theory and investment risk management.". Author of this quote is Andrew Lo. This quote is about investment, probability theory, risk management, teach, risk, management,.