Andrew Lo — Economist

Andrew Wen-Chuan Lo (Chinese: 羅聞全) is the Charles E. and Susan T. Harris Professor of Finance at the MIT Sloan School of Management. Lo is the author of several academic articles in Finance and Financial economics... (wikipedia)

Most people are overconfident about their own abilities. That is probably a good thing. But we would be horrified if a physician's aide engaged in heart surgery.
Some people might say, 'Can we afford it?' I think that's asking the wrong question... We should instead be asking, 'Can we really afford not to try?'
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.
What makes this story so remarkable is that throughout my early childhood I had ongoing learning difficulties, particularly in mathematics. I struggled to learn the multiplication table, and no matter how hard I tried, I simply couldn't remember 6 times 7 or 7 times 8.

If you find QuotesGram website useful to you, please donate $10 to support the ongoing development work.