bdavi77962

Just cause its useless for investing doesn’t mean its useless in life…..and I was being a bit harsh, its not “useless”, just not very useful for my style…i’m sure there are tons of ppl out there that have applied academic theories and done well in investing….but I can’t name any except those guys at LTCM….
academia teaches you how to think and how to interpret the world around you…it sets a framework for you to build on….its unfortunate though that lots of PHDs don’t ever end up doing that…they just end up being nerds….