Gentner Drummond, Jan. 30, 2007 Sharpe responded a week later, on Feb. 6, 2007, with his letter casting Clemishire as the one who initiated sexual contact with Morris.

And, as with the other two decades, the Do Nothing Portfolio shone even more brightly once risk was factored in, as its Sharpe ratio over the 10 years ended March 31, 2003, exceeded the S&P 500′s.