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[In] economics... you can disguise charlatanism under the weight of equations and nobody can catch you since there is no such thing as a controlled e… - Nassim Nicholas Taleb
" "[In] economics... you can disguise charlatanism under the weight of equations and nobody can catch you since there is no such thing as a controlled experiment. Now the spirit of such methods, called scientism by its detractors, continued into the discipline of finance as a few technicians thought their mathematical knowledge could lead them to understand markets. The practice of financial engineering came along with massive doses of pseudoscience. (page 115)
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About Nassim Nicholas Taleb
Nassim Nicholas Taleb (born 1 January 1960 in Amioun, Lebanon) is an essayist, epistemologist, researcher, and former practitioner of mathematical finance.
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Nassim Taleb
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somehow it is only when you don’t care about your reputation that you tend to have a good one.
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