#ear

During periods of extreme fear or greed, you don't have the proper balance between those two to generate market efficiency and you get extremes in behavior. ↗

— Andrew Lo

#behavior #between #during #efficiency #extreme

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

If you rank the top 50 one-day moves in the S&P 500, a fair number of those happened within the last five or 10 years. That tells you that we're in a different, riskier market now. ↗

— Andrew Lo

#different #fair #five #happened #last

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

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

My senior year of high school, when I was getting recruited for college, my dad goes to me, 'You can become an Olympic champion.' And that's the first time that I'd heard someone else say that to me. I was like, 'Uh, are you talking to me?' ↗

— Ryan Lochte

#champion #college #dad #else #first

I might wear my pink Speedo. I think I should. ↗

— Ryan Lochte

#i think #might #pink #should #think

When you get up there in years, the fairways get longer and the holes get smaller. ↗

— Bobby Locke

#get #holes #longer #smaller #up

As President Obama clearly said just a few months ago, China must play by the international rules, the international trading system from which they've benefited so much. ↗

— Gary Locke

#benefited #china #clearly #few #international