Financial Ecosystems: A Survival Guide

CFA Institute Magazine
December 2017 | Vol. 28 | No. 4
Source: CFA Institute
Nathan Jaye, CFA



“We need to make investment plans that adapt to market conditions and also take into account our own personal frailties,” says Andrew W. Lo.

According to the adaptive markets hypothesis (AMH) developed by Andrew W. Lo, financial markets are governed more by the laws of biology than by the laws of physics. In this interview with CFA Institute Magazine, Lo explains the inspiration behind AMH theory, discusses its application in building portfolio tools and financial regulation, and shares why a decision-making process needs to consider the human element.

View more information

Credits · About the CE Program
0 CE (including 0 SER) Manage CE Credits

People who viewed this page also viewed:

Online Course
Building a Financial Model in Excel
Corporate Finance Institute
Online Course
Updating Portfolio Management Skills
CFA Institute
What Free Lunch? The Costs of Overdiversification
CFA Institute: Financial Analysts Journal

Loading ...