#h

We have a picture for how complexity arises, because if the universe is computationally capable, maybe we shouldn't be so surprised that things are so entirely out of control. ↗

— Seth Lloyd

#because #capable #complexity #control #entirely

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

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

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 troubled companies want to explain away 2008 as a 'black swan,' then someone should take responsibility for creating the oil slick that seems to have tarred the entire flock! ↗

— Andrew Lo

#black #companies #creating #entire #explain

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

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

— Andrew Lo

#how #important #into #investment #people

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

— Andrew Lo

#management #maybe #probability #risk #risk management