Interview With Andrew Lo: Masters in Business (Audio)
Masters in Business
00:00
Physicists Suffer From Physics Enemies
Fear and greed are a lot older than the ability to solve differential equations. Economists probably have 99 laws that explain 3% of all economic behavior. We're dealing with people that have feelings and they react emotionally sometimes as opposed to logically and rationally. And so the laws of physics don't really apply to human interactions in the same way, says Andrew Lowe.
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