"Economists suffer from a deep psychological disorder that I call 'physics envy'. We wish that 99 percent of economic behavior could be captured by three simple laws of nature. In fact, economists have 99 laws that capture 3 percent of behavior. Economics is a uniquely human endeavor ..."

-- Andrew Lo

#Simple Quotes #Psychological Disorders Quotes #Law Quotes

“The best and most innovative products don't always win...(it's an) aesthetic flaw in how the universe worked”
“If we once, and for so long, lived in balance with nature and each other, we should be able to do so again”

Source : "Take My Advice : Letters to the Next Generation from People Who Know a Thing or Two". Book edited by James L. Harmon, 2007.
“It is the peculiarity of grief to bring out the childish side of man.”
“People who are making decisions about the future often don't have access to some of the best ideas in the company, which may be at the periphery or at lower levels.”
“Your true passion should feel like breathing; itâ€™s that natural.”
“You get tired of always wondering anew why life has to take the place of youth.”
“Governments have ever been known to hold a high hand over the education of the people. They know, better than anyone else, that their power is based almost entirely on the school. Hence, they monopolize it more and more.”
“Mathematics may be defined as the subject in which we never know what we are talking about, nor whether what we are saying is true.”

You may also like:

Burton Malkiel
Economist
Eugene Fama
Economist
Harry Markowitz
Economist
John Y. Campbell
Economist
Myron Scholes
Economist
Robert J. Shiller
Economist
Roger Lowenstein
Journalist
William Forsyth Sharpe
Economist
Lars Peter Hansen