Bulls, bears and dodos
- 5 years ago
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Andrew Lo of MIT Sloan business school talks to John Authers about his theory applying Darwinian evolution to investment and markets. He suggests our aversion to risk is biological, and driven by the behaviour that allowed humans to avoid extinction. His ideas have profound implications for markets.
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Andrew Lo of MIT Sloan business school talks to John Authers about his theory applying Darwinian evolution to investment and markets. He suggests our aversion to risk is biological, and driven by the behaviour that allowed humans to avoid extinction. His ideas have profound implications for markets.
For more video content from the Financial Times, visit http://www.FT.com/video
Subscribe to the Financial Times on YouTube; http://goo.gl/vUQx5k
Twitter https://twitter.com/ftvideo
Facebook https://www.facebook.com/financialtimes