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What's happened with society is that we have created these devices, computers, which already can register and process huge amounts of information, which is a significant fraction of the amount of information that human beings themselves, as a species, can process. ↗

— Seth Lloyd

#amount #beings #computers #created #devices

Cancer is the great equalizer. Everyone is affected by it either themselves or through loved ones. ↗

— Andrew Lo

#cancer #either #equalizer #everyone #great

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

— Andrew Lo

#business sense #combination #great #intuition #investment

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

— Andrew Lo

#ideas #natural #natural selection #ones #selection

If we are able to allow people to earn a decent rate of return, with sufficient scale, we can all do well by doing good. ↗

— Andrew Lo

#allow #decent #doing #doing good #earn

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

— Andrew Lo

#management #maybe #probability #risk #risk management

More and more investors may be coming into markets everywhere but that doesn't mean that the markets are really getting more and more efficient, even in the United States. It does mean that there is more access for savvy investors who watch the money flows. ↗

— Andrew Lo

#coming #does #efficient #even #everywhere

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. ↗

— Andrew Lo

#about #aide #engaged #good #good thing

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

— Andrew Lo

#died #economist #felt #helpless #i

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?' ↗

— Andrew Lo

#asking #i #i think #instead #might