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Chance, which is nothing but the want of art,” John Arbuthnot (1692)
Portfolio managers cannot tell us why, markets mumble and stumble! They condition us to buy shares, they do not make them, mumble, caveat emptor.
Not then and still not now can the economists say, either, it seems! Classical, monetarists, medallists, Salty or Freshie, Bastian, Bayesian, Austrian, Keynesian, Modern or Texan all with their closed macro over micro models of nuanced terms in separate languages, Babel, babble, bust! Munch or Lee, murmur, murmel, Alligator Pie, they lost my money in TTI?
It sounds much like a strange recital of, The Walras and the Schumpeter, in all respect
to both those great minds, and to Charles Dodgson’s Lewis Carroll and Alice.