Levantine for Unpredictable Markets
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We all know markets are unpredictable and don’t make sense. Well, Levantines knew this and have a saying for it: رزق الهبل عالمجانين Which translates to: idiots make a living profiting from crazy people Kind of goes with Nassim’s aphorism: “The left holds that because markets are stupid models should be smart; the right believes that because models are stupid markets should be smart. Alas, it never hit both sides that both markets and models are very stupid” Anyways, الله يرزق الجميع