Conversation

I think the green lumber parable illustrates why I think Taleb is my evil twin. My takeaway from it is that the actual meaning of green lumber is important and therefore the trading world is bullshit. His lesson seems to be: what lets you trade it well is what’s important.
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We’re all going to die eventually anyway. Life is the ultimate guaranteed 100% losing trade. Why not enrich the journey by paying attention to the universe you’re in while you’re passing through it?
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You’re giving him the speculative benefit of doubt on his ends, while discounting the real damage of his means: introducing speculative volatility into the lumber market based on fundamental ignorance about it. He broke an egg fir sure. He *may* make an omelette.