Industry WIKI

The adaptive market hypothesis, as proposed by Andrew Lo is an attempt to reconcile economic theories based on the efficient market hypothesis (which implies that markets are efficient) with behavioral economics, by applying the principles of evolution to financial interactions: competition, adaptation, and natural selection. This view is part of a larger school of thought known as Evolu

Michael McCullough is an American investor in healthcare and life science companies, social entrepreneur, and emergency room doctor. He was a Rhodes Scholar. He lives in Palo Alto, California.