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At an MIT finance lecture, the professor explained that billionaires aren’t just rich because they earn high salaries — they’re rich because they own assets. Instead of trading time for money, they build or buy businesses that grow in value, giving them leverage far beyond what a paycheck can provide. Wealth at the highest level comes from ownership, compounding, and patience — not from working more hours. Follow @hiveefinance for daily updates on stocks, investing, and the stock market. #mit #f
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A Physicist’s blog on Instagram: "Andrew Lo, MIT finance professor and founder of the Adaptive Markets Hypothesis, famously argued that finance is more complex than physics. While physics deals with fixed laws and predictable systems, finance involves human behavior, which is adaptive, emotional, and often irrational. In his view, financial markets are shaped by evolving psychology and environmental shifts, making them harder to model with static equations. #finance #mitlecture #economics #scien
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