# During an in-depth Q&A, Nobel Laureate Prof. Robert Engle discusses the ARCH model, systemic risk & forecasting liquidity

1 Faculty News July 21, 2014 ![CFA Institute blog logo](/sites/default/files/styles/246w/public/assets/images/con_032856.jpg?itok=V-VlUDNY)>

Excerpt from [CFA Institute](http://blogs.cfainstitute.org/investor/2014/07/21/nobel-laureate-in-action-robert-engle-on-high-frequency-trading-and-portfolio-management/) -- "I don’t think there is one right way to do investing. The markets accommodate all these different points of views, and actually there is money to be made \[using many of these approaches\] although it’s getting harder all the time. People have the same skill sets, and they are all pretty well tagged up."

[Read more](http://blogs.cfainstitute.org/investor/2014/07/21/nobel-laureate-in-action-robert-engle-on-high-frequency-trading-and-portfolio-management/)