Andrew Lo Quotes

3 Andrew Lo quotes:

"Finance and economic research has hit a wall. We can't answer any more questions by running another regression analysis. Now, we need to get inside the brain to understand why people make decisions."
Author: Lo Quotes Category: Finance Quotes
"Just because we didn't see an event (after GM and Ford) is small comfort. There are large exposures out there we haven't seen yet. I'd say the jury is still out on whether the industry can withstand the shocks that may come out over the next few months."
Author: Lo Quotes Category: Comfort Quotes
"The fact that hedge funds have become so important is really the flip side of problems that could be generated. If they ceased to function in the way they are designed, that would create a fair amount of systemic risk."
Author: Lo Quotes Category: Problems Quotes

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