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2/23/13

Business Insider

"Finance Genius Andrew Lo Explains How The World's Biggest Problem Can Be Fixed With Financial Engineering"

In a question and answer with Business Insider's Rob Wile, Professor Lo speaks about the state of the markets, why investing must now be treated like exercise, and what we can expect from his latest work.
Available
HERE
2/11/13

Financial Times

"Markets: With the volume down"

After a global economic slump caused by seemingly reckless financial market activity, a period of calm might appear welcome. But moribund markets spell bad news for bank employees, and schadenfreude by others would be misplaced if they were being lulled into a false sense of security. Available
HERE
1/9/13

RSF Review

"Rethinking the Financial Crisis: An Interview with Andrew Lo"

A professor of finance at MIT, Andrew W. Lo is an editor of the RSF volume Rethinking the Financial Crisis. The volume addresses important questions about the complex workings of American finance and shows how the study of economics needs to change to deepen our understanding of the financial sector. Available
HERE
12/11/12

Market Watch, The Wall Street Journal

"The Missing Link of Investing"
Andrew Lo, a professor at MIT Sloan School of Management and investigator at MIT’s Computer Science and Artificial Intelligence Lab, has been seeking to find out why so many bad decisions were made on Wall Street leading up to the financial crisis. Lo, along with Thomas J. Brennan, a law professor at Northwestern, says the evolution of the human mind may explain a blind faith that housing values will rise and that mortgage securities and stocks would not fall in value as well as the opposite view. Available
HERE
11/16/12

The A to Z of Nanotechnology

"New Study Provides Insights to Understand Graphene's Full Potential"
Andrew Lo, the Charles E. and Susan T. Harris Professor of Finance at the MIT Sloan School of Management, who has been on the MIT faculty since 1988, last year accepted a secondary appointment in EECS and became a primary investigator in CSAIL. Recently, Lo has used techniques borrowed from computer science to mine credit-bureau data and data about the transactions conducted by customers of financial institutions to more accurately predict the risk of default or delinquency. Lo is one of the researchers at bigdata@CSAIL, a new initiative led by professor of computer science and engineering Sam Madden. Available
HERE
10/29/12

The Financial Times

"School proposes megafund to battle cancer"

Professor Andrew Lo and MIT colleagues, Jose-Maria Fernandez and Roger Stein, have proposed the creation of a $30bn “megafund” that would invest in early-stage biomedical research and drug development. Investing in as many as 150 experimental compounds at one time increases the chances that a few of the ventures will succeed, and generate enough profit to make up for those that fail. Prof Lo recently talked to the FT about his idea.

Available
HERE
10/5/12

The Boston Globe

"New ways to pay for progress"
MIT finance professor and hedge fund manager Andrew W. Lo has another idea about how to further the cause — by harnessing the power of financial wizardry. Lo wants to create a “megafund” that would raise billions of dollars for early-stage research in cancer drugs. Available
HERE
10/3/12

MIT news

"How better financing could help create new cancer drugs"

MIT finance researchers say a diversified ‘megafund’ of securities could help the industry deliver new products to consumers. Available
HERE
10/2/12

Money Magazine

"Why buy and hold doesn't work anymore"
Economist and finance professor at M.I.T.'s Sloan School of Management, challenges a core idea of financial theory: that markets are "efficient," meaning there's no point in trying to time your moves in and out of stocks, since everything you could know about them is already baked into the price. Available
HERE
5/11/12

Harvard Gazette

"Thinks about health as an investor might"

A “proof-of-concept” study applying financial portfolio theory to U.S. biomedical research funding shows that the nation’s health might gain the largest benefit by increasing funding on heart, lung, and blood diseases, and might gain the quickest benefit by increasing spending on mental illness research. Available
HERE
4/18/12

TIME

"The World's 100 Most Influential People: Andrew Lo, Economist"

Time recognizes MIT's Sloan School of Management professor, Andrew W. Lo as one of the World's 100 most influential people of 2012.
Available
HERE
3/2/12

The Portfolioist

"Dr. Andrew Lo: ‘Buy and Hold’ Does Not Work Anymore"

The MIT/Sloan School of Management professor and Director of MIT’s Laboratory for Financial Engineering has been widely quoted on the implications of the 2008 financial crisis. One theme that Dr. Lo emphasizes repeatedly is that the risks associated with different asset classes can vary dramatically over time and for this reason, risk must be tracked, forecasted and budgeted.
Available
HERE
2/6/12

Planet Money, NPR

"What An Economist Learned From Reading 21 Books About The Crisis"
MIT economist Andrew Lo set out to review a couple books about the financial crisis. Those books led to a couple more books, which led — you see where this is going — to 17 more books. Now, Lo is about to publish "Reading About The Financial Crisis: A 21 Book Review". 
Available
HERE
1/14/12

The Economist

"An über-review of the crisis: The Lo down, A finance professor turns to literary analysis"

Andrew Lo, a professor at MIT's Sloan School of Management, was asked by the Journal of Economic Literature to write a review of three or four of the more important academic books on the crisis. The initial sample, he thought, was too small. There were lots of useful books on the topic, from journalists as well as academics. Widening the spectrum would also highlight areas of disagreement between authors.
Available
HERE
10/5/11

The Huffington Post

"European Crisis Could Tip U.S. Into Recession, Economists Warn"
As the Greek government appears increasingly likely to default on its debt, economists are envisioning potential dire spillovers to the United States, with anxiety afflicting the financial system, making money tight and possibly tipping the American economy back into recession. MIT Sloan Professor Andrew Lo says, "We may see a number of banks go under." Available HERE
9/28/11

MarketWatch, MSN Money

"5 Investment Tips for Volatile Times"
With shock waves roiling financial markets worldwide, investors are seeking new ways to protect their portfolios from the next upheaval. MIT Sloan Professor, Andrew Lo, says that key strategies to eke out a profit include minimizing costs and getting as much diversification as you're comfortable with." 
Available HERE
9/11/11

The New York Times

"Market Swings are Becoming New Standard"
Day after day, stocks swing sharply by hundreds of points. Some experts see volatility as a problem. Another viewpoint is that stocks are rightly volatile now because there is so much uncertainty about where the economy is heading. MIT Sloan Professor Andrew Lo says that the last few years have been the most volatile for all of recorded history10 of the biggest 20 daily upswings and 11 of the largest 20 daily drops since the beginning of 1980 to the end of August have occurred in just the last three years. 
Available HERE
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