Levantine for Unpredictable Markets
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
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