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Odd Lots: An MIT Professor Explains His Original Theory for How Markets Really Work: Text & Audio
FYI: On this week's episode of the Odd Lots podcast, we speak to Andrew Lo, a professor of Finance at the MIT Sloan School of Management about his own theory, which he calls Adaptive Markets. The theory attempts to bridge the behavioral approach with the efficient markets view. He argues that the proper way to view the market is through an ecological lens, examining the players as flora and fauna of a complicated system, to help determine who's thriving, who's dying, and where asset prices will go. Regards, Ted https://www.bloomberg.com/news/articles/2017-12-03/odd-lots-an-mit-professor-explains-his-original-theory-for-how-markets-really-work
