A Man for All Markets: From Las Vegas to Wall Street, How I Beat the Dealer and the Market

by Edward O. Thorp

As we saw, academics are paid by administrators via colleagues to make life complicated, not simpler. They invented something useless called utility theory (tens of thousands of papers are still waiting for a real reader).

Ah, here we see some classic Taleb (this is from the foreword, not written by Thorp—get the impression he’s too humble to write this way?)