Interview With Andrew Lo: Masters in Business (Audio)
Masters in Business
00:00
Hedge Funds - Are They the Canary in the Coal Mine?
Professor Andrew Lowe of the MIT Sloan School of Management talks about hedge funds. He says people are more impulsive over the short term and logical over the long term. But when crisis hits, events happen, and we react emotionally, he says. And it's the emotional components of the brain which are far older than the ability to do mathematics that kick in.
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