#de

There are considerable advantages to using many degrees of freedom to store information, stability and controllability being perhaps the most important. ↗

— Seth Lloyd

#being #considerable #degrees #freedom #important

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

I don't entirely reject the idea of efficient markets. It needs updating. ↗

— Andrew Lo

#entirely #i #idea #markets #needs

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

It's important to understand how people perceive risk, and how that translates into investment behavior. ↗

— Andrew Lo

#how #important #into #investment #people

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

While neurological studies have tried to identify components responsible for fear and greed, the impact on finance is less clear. ↗

— Andrew Lo

#components #fear #finance #greed #identify

I think every time I go in a game, I have added something positive. I have gotten a rebound or made a defensive play. That is what I try to focus on. ↗

— Rebecca Lobo

#defensive #every #every time #focus #game

In third grade, I was taking tap-dance lessons, and about six weeks before the recital I wanted to quit. My mom said, 'No, you're going to stay with it.' Well, I did it, and I was bad, too! But my parents never let their kids walk away from something because it was too hard. ↗

— Rebecca Lobo

#away #bad #because #before #did