Book excerpt: The quest for the perfect portfolio
Andrew Lo and Stephen Foerster trace the past 70 years of investment research and share insights into what constitutes the “perfect” portfolio …
Andrew Lo and Stephen Foerster trace the past 70 years of investment research and share insights into what constitutes the “perfect” portfolio …
" ... the mission is all about identifying and tackling the world's biggest problems to make it a better place. That really resonates with me."
... remote work may have weakened cybersecurity defenses, but cybercrime didn’t start last year and is unlikely to stop anytime soon.
"Systematic trading is really exciting ... what you're trying to do is disentangle the decision-making process from the gut reaction process."
"Finding effective ways to make farmers prefer crop residue management to burning would bring large gains to society."
“We don't have a very good way to measure ethical behavior."
"The very fact that you're in the room means you're qualified, and your interpersonal skills probably have a lot to do with where you are ... "
" ... diverse leadership and teams lead to better company performance and female founders return 35 percent more than their male counterparts."
" ... a great product is just the start — there is a lot more you can do for your customers to get more value from the product."
“ ... the loss of good jobs in manufacturing, stagnant wages, growing inequality … all of that is fueling increases in organizing ...”