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Andrew Lo: Finding the Perfect Portfolio--a 'Never-Ending Journey'

The Long View

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The Adaptive Markets Hypothesis

The main difference is that it provides an avenue for an individual to change over time as his or her circumstances change. We want to be not necessarily devoted to any one school of thought, but rather opportunistic in engaging in all of the above. "We live in an age where financial technology advanced to such a point that we ought to be able to ate personalized indexes," he says.

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