Why does paying for things often feel like it causes physical pain? Why does it cost you money to act as your own real estate agent? This book explores the truly illogical world of personal finance to help people better understand why they make bad financial decisions, and gives them the knowledge they need to make better ones.
Why We Back the Wrong Ideas - and What to Do About It. 'The Innovation Blind Spot' provides an insider perspective on a new approach to innovation and has the potential to revolutionize entrepreneurship. The smartest entrepreneurs, investors, and firms will exploit society's blind spots, finding success in opportunities that are currently being overlooked. This book reveals where these opportunities are and how to pursue them.
The Quest to Rediscover Microsoft's Soul and Imagine a Better Future for Everyone
Microsoft's CEO tells the inside story of the company's continuing transformation, while tracing his own journey from a childhood in India to leading some of the most significant changes of the digital era and offering his vision for the coming wave of intelligent technologies.
The co-founder of the diversity nonprofit Project Include shares the story behind her landmark 2015 lawsuit against powerhouse venture capitalist firm Kleiner Perkins, exploring what her case and refusal to settle revealed about Silicon Valley discrimination.
"Half of all Americans have money in the stock market, yet economists can't agree on whether investors and markets are ration and efficient, as modern financial theory assumes, or irrational and inefficient, as behavioral economists believe - and as financial bubbles, crashes, and crises suggest. This is one of the biggest debates in economics, and the value or futility of investment management and financial regulation hang on the outcome. In this groundbreaking book, Andrew Lo cuts through this debate with a new framework, the Adaptive Markets Hypothesis, in which rationality and irrationality coexist. Drawing on psychology, evolutionary biology, neuroscience, artificial intelligence, and other fields, "Adaptive Markets" shows that the theory of marked efficiency isn't wrong but merely incomplete. When markets are unstable, investors react instinctively, creating inefficiencies for others to exploit. Lo's new paradigm explains how financial evolution shapes behavior and markets at the speed of thought - a fact revealed by swings between stability and crisis, profit and loss, and innovation and regulation."--Inside flap.
Thrilling.' Times Higher Education`A really important economic and political thinker.' Andrew Marr`An innovative vision about how we could refocus away from growth to thriving.' Daily Mail`An admirable attempt to broaden the horizons of economic thinking.' Martin Wolf, Books of the Year, Financial Times