Yearly Archives: 1999

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To Beat the Market: Hire a Philosopher

10 January 1999 | The New York Times by EDWARD WYATT BALTIMORE, Md. — Perhaps it is the references to the fiction of Jorge Luis Borges, the late Argentine author whose metaphysical imagery he uses to illustrate a point about price-to-earnings ratios. Or maybe it is the nods to the philosophy of William James, whose theories are called upon to justify why America Online is a value stock. Certainly some hint is in the “thought experiments” that he calls upon his staff to perform. Spend even a few minutes talking with William H. Miller III and it becomes clear that […]