jaume ribe, spain

Taleb vs Merton, Cont.

Seen the two first comments. Agree (of course Taleb is right), yet we must recognize that, so far it is still difficult for Taleb and Mandelbrot to come up with the Holy Greal to leave with millions from WS. But, according to the specialized papers, in the last (current) Black Swan, Taleb has earned a lot of money (and for sure not applying the Merton's prehistoric theories).