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Source: dealbook.blogs. Posted By: Nancy 5404 days ago

Andrew W. Lo, a finance professor at the Massachusetts Institute of Technology, enjoys a setup that many other academics would envy: tenure at a top university, opportunities to earn extra money through consulting, and acclaim for his research.

That’s not enough for Dr. Lo. He wants to show the world that his theories and computations can generate profits for investors, The New York Times’s Tim Gray writes. “If you go into finance instead of math, you’re interested in having an impact,” Dr. Lo....

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