I see that my friend NNT comments in his adjacent blog that ‘… what people call Black-Scholes … we should call Bachelier-Thorpe.’

By the same logic, I opine, what we call ‘Fooled By Randomness’ we should call ‘Ecclesiastes,’ since he wrote “I returned and saw under the sun that the race is not to the swift nor the battle to the strong neither yet bread to the wise nor yet riches to men of understanding nor yet favour to men of skill but time and chance happeneth to them all.”