Andrew Lo Quotes
During periods of extreme fear or greed, you don't have the proper balance between those two to generate market efficiency and you get extremes in behavior.

Quotes to Explore
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I won't allow myself to have tremendous fear.
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Occupy Wall Street means making Wall Street and the corporate power elite understand that the people affected by the binge of unregulated greed are not going away, and they are not going to give up.
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Nothing is really typical of my efforts... I'm simply casting about for better ways to crystallise and capture certain strong impressions (involving the elements of time, the unknown, cause and effect, fear, scenic and architectural beauty, and other seemingly ill-assorted things) which persist in clamouring for expression.
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You don't have to fear defeat if you believe it may reveal powers that you didn't know you possessed.
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Everyone else has some interest in economic growth and development, which often happens at the expense of the environment and community. We need the other side to join this to check and balance.
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We are now in the 21st century: all books, including the Koran, should be fair game for flushing down the toilet without fear of violent reprisal.
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It's been 80 years since the Senate has confirmed a Supreme Court nominee who was nominated during an election. And particularly when the court hangs in the balance, it makes no sense whatsoever to give Barack Obama the power to jam through a judge in the final election year.
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When people do the cowardly thing, it's not about respect, it's about fear.
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One should see the world, and see himself as a scale with an equal balance of good and evil. When he does one good deed the scale is tipped to the good - he and the world is saved. When he does one evil deed the scale is tipped to the bad - he and the world is destroyed.
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One of the most important things you can do in your life is to learn to pull back the curtain of fear so you can see it for what it really is - the enemy blowing a lot of smoke and pushing your buttons.
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Indeed, throughout much of history and in many cultures, redheads have been viewed with suspicion and fear - and even killed - because of their hair.
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The fear of old age is something that one feels when they're younger. Once you get to being old, you're already there, so you don't even think about it anymore.
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I hadn't stopped fearing the chance of passing on an illness, but that fear had become balanced by the observation that being ill wasn't the same as being beaten.
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Very few persons go through life without at least one big chance. The fact that so many do not grasp it is due more often to fear than to any other one thing.
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I don't fear anything now.
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I refuse to buy a PS3 or Xbox for my home for fear that it might ruin my life. I think I would cease to accomplish anything productive, would quickly dispense with all human contact, and would very well end up with a nasty case of arthritis in my over-used digits from constant gameplay.
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My parents are opposites who balance each other out.
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It's hard to strike that balance: to tell a kid that life isn't fair, but also recognize and enforce in them the reality that their choices matter.
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Ever since the Medicare Modernization Act passed, those of you on the front line have been expressing your deep concern that SSA is not positioned well to help people understand, enroll in and negotiate the new Medicare Part D coverage. Now we are seeing the consequences of that fact.
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Self-knowledge comes from knowing other men.
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Yes! I know what I have to face. I have to face a coalition. The combination may be successful. A coalition has before this been successful. But coalitions, although successful, have always found this, that their triumph has been brief. This too I know, that England does not love coalitions.
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Those who believe that politics and religion do not mix, understand neither.
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It is rather astonishing how little practical value scientific knowledge has for ordinary men, how dull and commonplace such of it as has value is, and how its value seems almost to vary inversely to its reputed utility.
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During periods of extreme fear or greed, you don't have the proper balance between those two to generate market efficiency and you get extremes in behavior.