The Adaptive Markets Hypothesis by Andrew W.

Lo is a groundbreaking book that challenges the traditional views of market efficiency and investor rationality.

This innovative framework proposes that both rationality and irrationality coexist in financial markets, offering a new perspective on the nature of investor behavior.

By drawing on insights from psychology, evolutionary biology, neuroscience, artificial intelligence, and other fields, Lo provides a comprehensive explanation for how financial evolution shapes behavior and markets at the speed of thought.

This book is essential reading for anyone interested in understanding the complexities of financial markets and the impact of investor behavior on market outcomes.

With its cutting-edge approach and compelling arguments, The Adaptive Markets Hypothesis is a must-read for investors, policymakers, and researchers alike.