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by stolio
4090 days ago
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Those scientists all had ideas that made demonstrably superior predictions than other ideas at the time. Evidence outweighs credentials, arguments can take a walk. So what evidence is Taleb bringing to the table? I ask honestly, because when he says "I spent some time scrutinizing the math: it is impeccable, though unsophisticated by mathematical finance standards." I just think Please...spare me If all he has is a mathematical critique that was roundly rejected by 100 experts in the field it's time to put up or shut up. Einstein predicted Mercury's precession, Galileo predicted new laws of motion. What's Taleb predicting? |
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So, Taleb has looked at the math and says it's good. They haven't looked at the math at all, or if they have, they've made no effort to refute it. If the conclusions are supported by the math (presumably they are, otherwise what's the point of writing the paper?) then to say "no we don't agree with the conclusion" without making any attempt to understand the way that the authors got to the conclusion is pretty freakin' suspect to use a colloquialism.