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‘Idiots think in labels’

Summary:
Taleb can see the idiocy of the results yes; but as of yet hasn't expressed a view or interest in the methodologies that lead to these distinctions... might make sense for a stochastic person like himself (vice a deterministic person)...Seemingly these "idiots who think in labels" don't understand the aphorism, that is, don't get the difference between *expressing* with the use of labels and *thinking* in labels. https://t.co/lEbj0WmUGR— Nassim Nicholas Taleb (@nntaleb) October 27, 2018

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Taleb can see the idiocy of the results yes; but as of yet hasn't expressed a view or interest in the methodologies that lead to these distinctions... might make sense for a stochastic person like himself (vice a deterministic person)...

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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