Thanks to Nick Dunbar for this hugely entertaining read. Pure surrealism: a short, evangelically passionate defense of Black-Scholes-Merton formula from one Nicholas Nassim Taleb, at the time a senior advisor for Paribas. It is remarkable to see the same sweeping Old Testament tone being put to use arguing the total opposite of everything Taleb has since become famous for.
"Antifragile," indeed. May we all change our minds so freely in the future.