“[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
Fooled by Randomness (2001)

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Nassim Nicholas Taleb 196
Lebanese-American essayist, scholar, statistician, former t… 1960

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