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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: BGR who wrote (55333)4/9/1999 2:10:00 AM
From: Michael Bakunin  Respond to of 132070
 
You've read Bachelier! Very cool. And I thought you were just regurgitating a bit of undergraduate finance.. <g>

Me, I think MPT, CAPM, APT and their friends have their moments, but also have shortcomings. You might consider that some criticism levied here might be on target. My main gripe? Well, you know the joke about how an economist proves all odd numbers are prime?
sung3.ifsi.rm.cnr.it

That is: look at the assumptions, and you'll find real problems.

-mb

PS - don't let a few curmudgeons chase you off the thread..