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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

Thinking of the universe as a computer is controversial.


Seth Lloyd


#controversial #thinking #universe

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

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

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


Andrew Lo


#entirely #i #idea #markets #needs

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 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






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