Why even the most elite investors do dumb things when investing
“...even when we look at a sample of extremely talented, highly incentivized expert investors, they are still people."
“...even when we look at a sample of extremely talented, highly incentivized expert investors, they are still people."
“Central banks now appreciate that r-star has fallen, and that means they're going to have limited ability to tighten monetary policy ..."
… price discovery could be effective even if passive strategies represented around 90 per cent of the investment universe.
Kristin Forbes discusses the Fed's policy outlook ahead of the U.S. jobs report.
Shares of HubSpot have skyrocketed by 73% since the beginning of the year.
"Deep learning is being used to translate between languages, predict how proteins fold, analyze medical scans, and play games as complex as Go."
"If we are going to avoid misguided policy pathways ... we need to adapt mainstream economics to new climate realities.”
“Financial advisors have long advised their clients to stay calm and weather any passing financial storm in their portfolios ... "
"Systematic trading is really exciting ... what you're trying to do is disentangle the decision-making process from the gut reaction process."
Chris Palmer talks about the effects of rent control in Cambridge during its 25-year implementation and in the aftermath of its repeal.