“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.” ThinkingMayRealityEventsEconomicsCrisisComplexesFinancialConceitWishful ThinkingFinancial CrisisEconomic Crisis Author:Andrew Lo
“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” WellsRiskUnderstoodComplexesTraditionalFundAssetsAppreciatedLinearHedge Fund Author:Andrew Lo