“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.” WorldDoeStatesOpportunityAbilityUnitedRoomsUnited StatesInformationOffersTradeFinancialAccessBagsInvestorsSophisticatedFinancial MarketsAccess To Information Author:Andrew Lo
“Financial crises are an unfortunate but necessary consequence of modern capitalism.” ModernCapitalismConsequenceCrisisFinancialUnfortunateFinancial Crisis Author: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.” ThinkingMayRealityEventsEconomicsCrisisComplexesFinancialConceitWishful ThinkingFinancial CrisisEconomic Crisis Author:Andrew Lo