The Intellectual Yet Idiot
Nassim Nicholas Taleb
3.8K

IYI doesn’t really roll off the tongue as does EF or Educated Fool. This is what these people are, Educated Fools. Properly grounded with the right degree from the right university . . . never set foot on the wrong side of the tracks.

And right again concerning no skin in the game. EFs are citizens of the world, ignorant that the vast majority of people live within the same city where they were born. EFs flit from the guarded city apartments to gated communities and private islands, their well managed fortunes in off shore tax havens. If their policies trash a country, no matter EFs are citizens of the world.