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Technology Stocks : Rambus (RMBS) - Eagle or Penguin -- Ignore unavailable to you. Want to Upgrade?

To: mauser96 who wrote (14513)	1/28/1999 9:01:00 PM
From: mauser96	Read Replies (1) \| Respond to of 93625

OTOTOT... Quote by Warren Buffett "Charlie [Munger] and I just don't think modern portfolio theory makes any sense at all. We think it's a lot of nonsense. We don't think we are taking risks. Modern portfolio theory basically involves risk as measured by the volatility of the price action of the stock.... I've often wondered how they teach a whole course on it. They assume it's an efficient market and they say everything is priced right. How do they hold a class for the rest of the semester?" So maybe we should be glad for MM that increase volatility??