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Whenever people talk like that it tells me they have a financial mathematics education without actually understanding financial mathematics.

one problem I suffer from, which I believe is probably universal, is that lots of mathematical vocabulary is overloaded; the worst offender is obviously "normal", although even some concepts that have the same general implication in different fields [e.g. "linear"] are not identical.

the result is that false confidence happens often, because there is no completely unfamiliar term when sliding in to some discussion, only false friends.

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they have the vocab and the cred, just not the competence

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probably 95% of the leaders in banking

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