[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"$f6xStr75Bhy-VhDtWv2kspCX2-IDr833VUbIY2HgA8Zw":3,"$fNnVd95HujvKjf4jG4u_F0tJKAz_pvdUSbzPYIE_6lfY":12},{"author":4,"tags":11},{"author_id":5,"author_name":6,"author_name_first_letter":7,"article_count":8,"bio":9,"short_bio":9,"slug":10,"image_url":9},155957,"Andrew Lo","A",31,null,"andrew-lo",[],{"quotes":13,"pagination":111},[14,22,29,41,52,63,74,83,94,105],{"id":15,"quote_text":16,"author_id":5,"source_id":17,"has_image":18,"author":19,"source":20,"quote_tag":21,"commentary":9},3547376,"My mother died of lung cancer last year. I felt helpless. As an economist, I thought, 'What can I do?'",7,false,{"id":5,"author_name":6,"slug":10,"author_name_first_letter":7,"article_count":8,"image_url":9},{},[],{"id":23,"quote_text":24,"author_id":5,"source_id":25,"has_image":18,"author":26,"source":27,"quote_tag":28,"commentary":9},2848772,"The risks facing hedge funds are non-linear and more complex than those facing traditional asset classessuch risks are currently not widely appreciated or well-understood.",6,{"id":5,"author_name":6,"slug":10,"author_name_first_letter":7,"article_count":8,"image_url":9},{},[],{"id":30,"quote_text":31,"author_id":5,"source_id":32,"has_image":18,"author":33,"source":34,"quote_tag":35,"commentary":9},1874873,"If you rank the top 50 one-day moves in the S&P 500, a fair number of those happened within the last five or 10 years. That tells you that we're in a different, riskier market now.",4,{"id":5,"author_name":6,"slug":10,"author_name_first_letter":7,"article_count":8,"image_url":9},{},[36],{"id":37,"tag":38},4864291,{"id":39,"tag_name":40},8515,"five",{"id":42,"quote_text":43,"author_id":5,"source_id":32,"has_image":18,"author":44,"source":45,"quote_tag":46,"commentary":9},1874872,"The short answer is, I don't know. Nobody knows. The reason for that is, we don't have enough data on the particular exposures we need to measure to answer that question.",{"id":5,"author_name":6,"slug":10,"author_name_first_letter":7,"article_count":8,"image_url":9},{},[47],{"id":48,"tag":49},4864287,{"id":50,"tag_name":51},3436,"answer",{"id":53,"quote_text":54,"author_id":5,"source_id":32,"has_image":18,"author":55,"source":56,"quote_tag":57,"commentary":9},1874867,"Credit derivatives and hedge funds have grown fairly spectacularly over the last five years.",{"id":5,"author_name":6,"slug":10,"author_name_first_letter":7,"article_count":8,"image_url":9},{},[58],{"id":59,"tag":60},4864285,{"id":61,"tag_name":62},6054,"credit",{"id":64,"quote_text":65,"author_id":5,"source_id":32,"has_image":18,"author":66,"source":67,"quote_tag":68,"commentary":9},1874861,"At this point, there isn't an obvious place to park money, ... A number of strategies that produced good returns in the past are no longer profitable. A lot of the smart money is sitting on the sidelines right now just waiting for the direction to change.",{"id":5,"author_name":6,"slug":10,"author_name_first_letter":7,"article_count":8,"image_url":9},{},[69],{"id":70,"tag":71},4864280,{"id":72,"tag_name":73},3305,"direction",{"id":75,"quote_text":76,"author_id":5,"source_id":32,"has_image":18,"author":77,"source":78,"quote_tag":79,"commentary":9},1874856,"Finance and economic research has hit a wall. We can't answer any more questions by running another regression analysis. Now, we need to get inside the brain to understand why people make decisions.",{"id":5,"author_name":6,"slug":10,"author_name_first_letter":7,"article_count":8,"image_url":9},{},[80],{"id":81,"tag":82},4864274,{"id":50,"tag_name":51},{"id":84,"quote_text":85,"author_id":5,"source_id":32,"has_image":18,"author":86,"source":87,"quote_tag":88,"commentary":9},1874851,"Labor is getting more expensive and technology is getting cheaper.",{"id":5,"author_name":6,"slug":10,"author_name_first_letter":7,"article_count":8,"image_url":9},{},[89],{"id":90,"tag":91},4864269,{"id":92,"tag_name":93},1618,"technology",{"id":95,"quote_text":96,"author_id":5,"source_id":32,"has_image":18,"author":97,"source":98,"quote_tag":99,"commentary":9},1874846,"The risks facing hedge funds are non-linear and more complex than those facing traditional asset classessuch risks are currently not widely appreciated or well-understood",{"id":5,"author_name":6,"slug":10,"author_name_first_letter":7,"article_count":8,"image_url":9},{},[100],{"id":101,"tag":102},4864264,{"id":103,"tag_name":104},7501,"assets",{"id":106,"quote_text":107,"author_id":5,"source_id":32,"has_image":18,"author":108,"source":109,"quote_tag":110,"commentary":9},1874840,"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 ...",{"id":5,"author_name":6,"slug":10,"author_name_first_letter":7,"article_count":8,"image_url":9},{},[],{"currentPage":112,"totalPages":32,"totalItems":8,"itemsPerPage":113},1,10]