'In Pursuit of the Perfect Portfolio' review: Models and mavens
Andrew W. Lo and co-author have written an intellectual history of modern finance theory which shows how far from a science investing remains.
Andrew W. Lo and co-author have written an intellectual history of modern finance theory which shows how far from a science investing remains.
"One issue sure to make headlines is the extent to which the Fed should concern itself with risks posed ... by climate change."
"We point out that this is a never-ending journey, that we're constantly looking to improve the way we think about investing."
Simon Johnson discusses the nomination of Sarah Bloom Raskin to the Federal Reserve and the role of climate in the Fed's regulation of banks.
"As the conflict continues, the daily flow of cash has remained about the same. "
"Europe and the US ... currently pay Russia upward of $1 billion per day for oil and natural gas. ...Such payments fund an evil war machine …"
"DeFi applications might have the potential to democratize finance by creating a level playing field among providers of financial products ... "
Forbes [is] in favour of the BoE considering "50 basis point" increases to its benchmark rate if the labour market remains tight.
MIT Sloan is joint ninth overall, and the top business school in the US.
“Banking tends to be unusually concentrated ... Decentralised finance as a movement promises to change this pattern of concentration.”