Mr. Lo makes a convincing argument and he also uses the book to lay out some interesting ideas
such as a huge, diversified fund that would invest in a range of potential cancer treatments.
Economist [A] remarkable new book... Lo's book will be read and read widely... His insights should allow investors and regulators alike to manage risks better. They ... Read moreshould read it.
John Authers, Financial Times This new book will become another essential read for anybody interested in financial markets... [It] is a thoroughly interesting and enjoyable read. It is not technical, the explanations are super-clear, and there is some excellent story telling.
Enlightened Economist [Lo] has a knack for providing a telling anecdote or story to illustrate his point. More important, he also avoids being condescending or triumphalist.
Matthew Partridge, Money Week Using research in evolutionary biology, psychology, neuroscience and artificial intelligence, Mr. Lo ... explains how human behavior shapes the markets, leading to swings between stability and instability, profit and loss, innovation and regulation.
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