I dare to write on this topic as it is the most intense and debatable topic in the financial markets over the years.

As recently the author of “Fooled by Randomness” and “The Black SwanNassim Taleb became the anti-theorist in finance arguing that the Nobel committee should be sued for awarding Harry Markowitz, Bill Sharpe and Merton Miller http://www.bloomberg.com/news/2010-10-08/taleb-says-crisis-makes-nobel-panel-liable-for-legitimizing-economists.html

But the Continue reading