You've got to be kidding me!

Remember, LTCM, those guys not only have Phds, they had Nobel Prizes, they were considered genius and we know what happened.

Its so funny about Phd. Nassim Taleb has also said that people were discounting his arguments saying he doesn't have a Phd.

Just wait till Medallion goes bust and then you can do another book review, entitled "Why physics envy in finance is such a dumb idea."