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No, it doesn't mean I'm right. However the fact that you have no rational response to anything I've said is a pretty strong indicator that you are not. Once again, can you offer any specifics on anything I said as opposed to broad anti intellectual platitudes, or is that all you're left with...

If there's anything in what I typed that you consider so called "word vomit" please let us all know specifically what that would be. A better warning would be not to automatically consider anything over 25 words to be "word vomit" simply because you can't be bothered to read, one would think? By...

Translation, I can't maintain an intelligent conversation because it requires too many words? Seriously, from a guy who maintains that he's not anti-intellectual? OK then.

So you have no reply to the rest of the points, good to know you're at least somewhat rational in acknowledging that. In the one item you did choose to reply to you added a key word that effectively negates your entire point. That word is "negligence". Taleb, and up to now your, point was that...

OK, I also race sailboats. Never earned a dime, spend some serious dimes. Don't regret it for a moment, and although there are some crazy sailors I'm not sure it's fair to call it a mental illness. Way to nit pick the example and miss the forest for the trees though.

Um, you do know that OTC stands for "over the counter" and is defined specifically as those transactions not traded on an exchange. So why in the world would an exchange hold funds for a class of transactions which actually defined as not occurring on an exchange? Without trying to be a jerk...

I've played tennis for 20 years without ever making a dime or expecting to. Does that mean I must have mental issues? After all, professionals make money at this so that must be the only reason to do it right? Maybe the dude just enjoys it as a game, nothing says you have to play the trading...

We have a far bigger problem at this point of the "everyone's opinion in equally valid" concept that somehow has permeated at least the U.S. and is representative of this line of thought. Read something on Facebook that vaccines cause autism? You're opinion is equally as valid as the entire...

You're right, that book like "The Logic and Statistics of Fat Tails" is academically focused (again ironically) and so doesn't involve nearly as much of the massive massive ego trip that you see in the "pop style" books. Of course if one is a fan of Dynamic Hedging then they probably don't...

Well better an educated fool than just a foolish fool, which makes up pretty much 100% of the anti-intellectual crowd. Taleb's a smart guy with some good points but an insufferable jackass with a pretty over-inflated view of himself which makes his books so much harder to wade through than they...

Branson did that too!

As Branson said, best way to become a millionaire is to have a billion dollars and start an airline!

I always wonder what the point exactly of revenue numbers are? I can sell a nearly infinite number of $100 bills for $90, sales probably in the trillions, does that make me a good business?

This can't possibly be true in my experience with them. The margin goes up by a huge amount at random times when the stocks in my portfolio hadn't changed and hadn't moved. There's no way in hell "This five standard deviation move is based on 30 days of high, low, open, and close data from...

Wow, you are truly delusional! The history the the U.K. and Ireland aside, which this American apparently understands far better than you, the sheer hipocracy is just stunning. You start a whole Brexit thing over sovereignty and then just cavalierly think anyone your great and mighty self thinks...

Said like someone who doesn't even know someone killed or maimed in a pointless war...or someone so self absorbed they simply don't give a fuck about anyone else. Which is it?

You're correct, although you can imperfectly hedge with a similar but not exactly the same security and not run afoul of that rule.

Sounds like a name for a Scottish food that they assure you is good but you really don't want to know what's innit.

Actually I believe it was thinking up ways to kill fig trees, apparently god hates figs (Matthew 21:19 AND Mark 11:12, it's that important). Or maybe it was thinking about ways to stone your son to death because he was disobedient (Deuteronomy 21:18)? Possibly even coming up with that tenth...

By the nature of a block chain it's not possible to "forcibly" take them back per se. Of course the person who possesses them can always be coerced or ordered to disgorge them, but if they refuse they can't be unilaterally repossessed, if that is the question. Think of it like a criminal who...