Andrew W. Lo
Andrew W. Lo is a renowned economist and professor at the MIT Sloan School of Management. Specializing in financial engineering and risk management, Lo is known for his pioneering research in adaptive markets and the integration of finance with neuroscience. He has authored several influential books and articles, contributing significantly to the understanding of market dynamics and financial innovation. Lo's work bridges the gap between complex financial systems and human behavior.
Book summaries for books written by Andrew W. Lo
Quotes
Technical analysis is not about predicting the future. It's about understanding the present.
Trends are not magical; they are simply the manifestation of underlying market forces.
The past is our guide, but it should never be a cage.
Price patterns are the footprints of money.
Markets are driven by human emotions, and charts are their visual representation.
Volume is the fuel that drives the market engine.
In the world of trading, simplicity is often the ultimate sophistication.
Risk is inherent, but it can be managed with discipline and strategy.
The greatest enemy of a trader is not the market, but their own mind.
To master the charts, you must first master yourself.
Indicators are tools, not solutions. They require context and experience.
Every trade is a lesson, whether you win or lose.