Open in the App Open in the App Open in the App
Get the key ideas from

Adaptive Markets

Financial Evolution at the Speed of Thought

By Andrew W. Lo
15-minute read
Audio available
Adaptive Markets: Financial Evolution at the Speed of Thought by Andrew W. Lo

Adaptive Markets (2017) is about a new economic theory that helps us better understand the human element behind financial markets. Andrew W. Lo expertly illustrates the shortcomings of current prevailing economic theories, showing us how finance is less like physics or math and more like a responsive and evolving organism – not unlike ourselves.

  • Investors interested in finance and how the market works
  • Readers interested in the science of money
  • Students of economics

Andrew W. Lo is the director of the Laboratory for Financial Engineering at MIT and a professor at the MIT Sloan School of Management. He is also the chairman and strategist for the investment management company AlphaSimplex Group. Some of his writing on economics and investments can be found in his book Hedge Funds, as well as other books he has coauthored, including A Non-Random Walk Down Wall Street and The Economics of Financial Markets.

Go Premium and get the best of Blinkist

Upgrade to Premium now and get unlimited access to the Blinkist library. Read or listen to key insights from the world’s best nonfiction.

Upgrade to Premium

What is Blinkist?

The Blinkist app gives you the key ideas from a bestselling nonfiction book in just 15 minutes. Available in bitesize text and audio, the app makes it easier than ever to find time to read.

Discover
2,500+ top
nonfiction titles

Get unlimited access to the most important ideas in business, investing, marketing, psychology, politics, and more. Stay ahead of the curve with recommended reading lists curated by experts.

Created with Sketch.