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."
Snejina Zacharia (SF ’13) ... was inspired to start the company after she was involved in a minor car accident while getting her MBA at MIT.
"The financial industry is one of the least diverse industries in the United States."
“Central banks now appreciate that r-star has fallen, and that means they're going to have limited ability to tighten monetary policy ..."
Andrew Lo and Stephen Foerster trace the past 70 years of investment research and share insights into what constitutes the “perfect” portfolio …
“Financial advisors have long advised their clients to stay calm and weather any passing financial storm in their portfolios ... "
Gensler has been a leader and adviser of Biden’s transition team responsible for the Federal Reserve, banking issues and securities regulation.
“Good” automation generates large productivity increases [and] leads to the creation of many new tasks (and therefore jobs) for humans.
“The case turned Microsoft into a more cautious company....I expect the same is already happening with Facebook...”
"Balanced rulemaking can deepen the SEC's legitimacy, improve staff morale and enhance its ability to resolve difficult problems."