Tuesday, August 14, 2012

MPT vs Market Timing!


Artificial Intelligence has not reached a stage where it can substitute Human Intelligence, Black swans or no black swans. But it can always help in augmenting with the necessary discretion from the human side.
Is Modern Portfolio Theory Dead? Come On. | TechCrunch
techcrunch.com
Editor's note: Paul Pfleiderer is the C.O.G. Miller Distinguished Professor of Finance at the Stanford 
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