Showing results by author "Andrew W Lo" in All Categories

Half of all Americans have money in the stock market, yet economists can't agree on whether investors and markets are rational and efficient, as modern financial theory assumes, or irrational and inefficient, as behavioral economists believe - and as financial bubbles, crashes, and crises suggest. This is one of the biggest debates in economics, and the value or futility of investment management and financial regulation hang on the outcome. In this groundbreaking book, Andrew W. Lo cuts through this debate with a new framework.

Is there an ideal portfolio of investment assets, one that perfectly balances risk and reward? In Pursuit of the Perfect Portfolio examines this question by profiling and interviewing 10 of the most prominent figures in the finance world - Jack Bogle, Charley Ellis, Gene Fama, Marty Liebowitz, Harry Markowitz, Bob Merton, Myron Scholes, Bill Sharpe, Bob Shiller, and Jeremy Siegel. We learn about the personal and intellectual journeys of these luminaries and their most innovative contributions. In the process, we come to understand how the science of modern investing came to be.

Corporate learning and development programs play an undeniable role in successful business endeavors, but only when they're done right. The significant revisions in the third edition of The Six Disciplines of Breakthrough Learning add fresh, timely elements to a resource that has become known globally as a trusted guide for professionals determined to get the most of their companies' training and development programs. 

Many illnesses are caused by too little niacin, and many illnesses can be cured with high doses of niacin. The authors of Niacin: The Real Story are advocates of orthomolecular (nutrition-based) medicine, supporting an approach to wellness that involves substances that naturally occur in the human body. This book makes the case for the widespread use of niacin for the prevention and treatment of health problems. In Niacin: The Real Story, listeners will discover how to take niacin, with detailed recommendations on forms and therapeutic doses.

Whether driven by mass psychology, fear, or greed of investors, the forces of supply and demand, or a combination, technical analysis has flourished for thousands of years on the outskirts of the financial establishment. In The Evolution of Technical Analysis: Financial Prediction from Babylonian Tablets to Bloomberg Terminals, MIT's Andrew W. Lo details how the charting of past stock prices for the purpose of identifying trends, patterns, strength, and cycles within market data has allowed traders to make informed investment decisions based in logic, rather than on luck.

We are living in a golden age of biomedical innovation, yet entrepreneurs still struggle with the so-called Valley of Death when seeking funding for their biotech start-ups. In Healthcare Finance, Andrew Lo and Shomesh Chaudhuri show that there are better ways to finance breakthrough therapies, and they provide the essential financial tools and concepts for creating the next generation of healthcare technologies.

"Catch Usain Bolt? No One Can" is from the August 19, 2016 Sports section of The New York Times. It was written by Andrew Keh, Doug Mills, Chang W. Lee and Mauricio Lima and narrated by Caroline Miller.

"After a Crime, the Price of a Second Chance" is from the December 11, 2016 United States section of The New York Times. It was written by Shaila Dewan and Andrew W. Lehren and narrated by Caroline Miller.

"Alabama Prosecutor Doles Out Penalties, and Brings In Profit" is from the December 12, 2016 United States section of The New York Times. It was written by Shaila Dewan and Andrew W. Lehren and narrated by Caroline Miller.

Strategic planning needs to be a more integral part of America's foreign policymaking. While thousands of troops are engaged in combat and homeland security concerns abound, long-term coordination of goals and resources would seem to be of paramount importance. A change in presidential administration brings the hope that strategic planning will play an elevated role in U.S. foreign policy. Can policy planners - in the Pentagon, State Department, Treasury, NSC, and National Intelligence Council - rise to the challenge?

Every year the pharmaceutical companies deliver more and more drugs that we are told our unruly children need. New "conditions" are announced and suddenly we are all supposed to buy in to the massively expensive system and feed our childrena concoction of wonder pills.But do we really need all these drugs?

Andrew McLain on Birmingham's REAL Talk 99.5