Experienced Financial Analyst with a demonstrated history of working in the investment management industry. I am well informed about both Practice and Theory -- especially regarding the chronic absurdity of the Efficient Market Hypothesis. My website, PARADOXINVESTMENTS.COM tells much of the story ...more

Experienced Financial Analyst with a demonstrated history of working in the investment management industry. I am well informed about both Practice and Theory -- especially regarding the chronic absurdity of the Efficient Market Hypothesis. My website, PARADOXINVESTMENTS.COM tells much of the story -- especially article #1 (Keynes and the “beauty contest”) and article #15 (long-term DDM'S simply do not work). Also see my "OVERVIEW" onthe EMH…..I am now writing several more articles for my web site in which I am challenging some MATHEMATICAL/STATISTICAL capital market analysts (such as Markowitz, Sharpe and Fama )by using what I deem to be more sensible JUDGMENTAL/PSYCHOLOGICAL analysts of the stock market (such as Keynes, Graham, Bernstein, Tobin, Peters and Shiller)….. Once again, as the incomparable Keynes stated years ago: the stock market is actually a CASINO! And I think I can convince objective observers of it. For example, just consider the LOTTERY (powerball!) MENTALITY that surrounds stocks -- such as the outrageous claims made by “charlatan- gurus” to befuddled investors in the daily press (especially by “merchants of gold and silver,” not to mention an army of Jim Cramer and (as smooth as silk) 35 year old Ric Edelman types) that are everywhere and completely out of control as they rake in $thousands, if not $millions, every year from pathetically uninformed “retail” investors who continue to be chronically influenced by “Hope, Fear and Greed” but whose SOCIAL SECURITY OUGHT TO BE PRIVATIZED so they can manage their own investment accounts for a prosperous retirement -- according to baseball expert and armature artist, George Bush….By the way, two of the most reliable sources for sound “RETAIL INVESTMENT ADVICE” are VANGUARD and FINANCIAL ENGINES; with much thanks to John Bogle and William Sharpe! As for "nailing down" a truck driver's feelings about his "risk tolerance,"that is another (see the bogus Std. Dev. of historic returns) kettle of fish!less