Sunday, December 7, 2008

Nassim Taleb Says Portfolio Theory is `Hogwash'

Nassim Taleb Says Portfolio Theory is `Hogwash'

Nov. 7 (Bloomberg) -- Nassim Taleb, author of ``The Black Swan: The Impact of the Highly Improbable,'' talks with Bloomberg's Tom Keene and Ken Prewitt about quantitative finance, the failings of business schools and his investment strategy.