Adaptive Markets by Andrew W. Lo Summary
Overview of Adaptive Markets
Andrew Lo's "Adaptive Markets" revolutionizes finance by merging evolution with economics. Endorsed by the CFA Institute, it challenges efficient market theory with insights from neuroscience and psychology. What if markets evolve like organisms? Discover why top regulators are rethinking financial survival.
Similar books to Adaptive Markets
著者の声を通じて本を感じる
知識を魅力的で例が豊富な洞察に変換
キーアイデアを瞬時にキャプチャして素早く学習
楽しく魅力的な方法で本を楽しむ
重要なポイント
When Markets Panic, We Revert to Our Ancient Selves
October 2008. Lehman Brothers collapses. Markets plunge. Across the world, investors experience something primal-a fear that makes hearts race, palms sweat, minds freeze. This wasn't rational calculation failing; this was biology. The same fear response that saved our ancestors from saber-toothed tigers was now sabotaging retirement accounts and triggering a global financial meltdown. Here's the uncomfortable truth: we're making twenty-first-century financial decisions with Stone Age brains, and this mismatch explains almost everything puzzling about markets-from why smart people panic-sell at the bottom to why certain investors consistently beat supposedly "efficient" markets. Traditional economics assumed we're rational calculators. Neuroscience reveals we're collections of evolutionary adaptations, some brilliant, some catastrophically mismatched to modern finance. Understanding this gap changes everything about how we see investing, risk, and market behavior.
The Beautiful Lie of Rational Markets
Your Brain on Money: The Neuroscience of Financial Decisions
Evolution at the Speed of Thought
The Adaptive Markets Revolution
Why We Couldn't Stop the 2008 Crisis
Finance as the Facilitator of Human Possibility
クイックサマリーモード - 『Adaptive Markets』の要約を9分で読む・聴く
『Adaptive Markets』の核心的なアイデアを分かりやすいポイントに分解し、革新的なチームがどのように創造、協力、成長するかを理解します。
フラッシュカードモード - 『Adaptive Markets』から厳選した8の洞察
『Adaptive Markets』を素早い記憶のヒントに凝縮し、率直さ、チームワーク、創造的な回復力の主要原則を強調します。
エンタメモード - 『Adaptive Markets』のレッスンを19分のストーリーで
鮮やかなストーリーテリングを通じて『Adaptive Markets』を体験し、イノベーションのレッスンを記憶に残り、応用できる瞬間に変えます。
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何でも質問し、声を選び、本当にあなたに響く洞察を一緒に作り出しましょう。
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"It is great for me to learn something from the book without reading it."
"The themed book list podcasts help me connect ideas across authors—like a guided audio journey."
"Makes me feel smarter every time before going to work"
"Instead of endless scrolling, I just hit play on BeFreed. It saves me so much time."
"I never knew where to start with nonfiction—BeFreed’s book lists turned into podcasts gave me a clear path."
"Perfect balance between learning and entertainment. Finished ‘Thinking, Fast and Slow’ on my commute this week."
"Crazy how much I learned while walking the dog. BeFreed = small habits → big gains."
"Reading used to feel like a chore. Now it’s just part of my lifestyle."
"Feels effortless compared to reading. I’ve finished 6 books this month already."
"BeFreed turned my guilty doomscrolling into something that feels productive and inspiring."
"BeFreed turned my commute into learning time. 20-min podcasts are perfect for finishing books I never had time for."
"BeFreed replaced my podcast queue. Imagine Spotify for books — that’s it. 🙌"
"It is great for me to learn something from the book without reading it."
"The themed book list podcasts help me connect ideas across authors—like a guided audio journey."
"Makes me feel smarter every time before going to work"
"Instead of endless scrolling, I just hit play on BeFreed. It saves me so much time."
"I never knew where to start with nonfiction—BeFreed’s book lists turned into podcasts gave me a clear path."
"Perfect balance between learning and entertainment. Finished ‘Thinking, Fast and Slow’ on my commute this week."
"Crazy how much I learned while walking the dog. BeFreed = small habits → big gains."
"Reading used to feel like a chore. Now it’s just part of my lifestyle."
"Feels effortless compared to reading. I’ve finished 6 books this month already."
"BeFreed turned my guilty doomscrolling into something that feels productive and inspiring."
"BeFreed turned my commute into learning time. 20-min podcasts are perfect for finishing books I never had time for."
"BeFreed replaced my podcast queue. Imagine Spotify for books — that’s it. 🙌"
"It is great for me to learn something from the book without reading it."
"The themed book list podcasts help me connect ideas across authors—like a guided audio journey."
"Makes me feel smarter every time before going to work"
"Instead of endless scrolling, I just hit play on BeFreed. It saves me so much time."
"I never knew where to start with nonfiction—BeFreed’s book lists turned into podcasts gave me a clear path."
"Perfect balance between learning and entertainment. Finished ‘Thinking, Fast and Slow’ on my commute this week."
"Crazy how much I learned while walking the dog. BeFreed = small habits → big gains."
"Reading used to feel like a chore. Now it’s just part of my lifestyle."
"Feels effortless compared to reading. I’ve finished 6 books this month already."
"BeFreed turned my guilty doomscrolling into something that feels productive and inspiring."
"BeFreed turned my commute into learning time. 20-min podcasts are perfect for finishing books I never had time for."
"BeFreed replaced my podcast queue. Imagine Spotify for books — that’s it. 🙌"
"It is great for me to learn something from the book without reading it."
"The themed book list podcasts help me connect ideas across authors—like a guided audio journey."
"Makes me feel smarter every time before going to work"
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