Beware of geeks bearing formulas.
Warren Buffett on “The Charlie Rose Show” speaking of Quants -- quantitative finance guys -- and quoted in this morning's New York Times piece They Tried to Outsmart Wall Street.
(Confession: I didn't have a spare hour to watch the entire Warren Buffet clip -- I hope it's the right one. Apologies if I got it wrong -- I'll screen it later today.)
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