Quote:
Originally Posted by extrashaky
I'm not, any more than I would expect to see a Ph D in economics comment on a message board. Actuaries are elites. There aren't that many of them to begin with, and the people who make it through all the years of education and the many levels of certification exams are not likely to have the time or interest in arguing with us down here in the dirt.
In the rare case that a professional at that level does comment on a message board thread or FB group, they end up having to deal with people with 1/10th of their education telling them they're wrong. So they don't bother.
Or, approached another way, I had a professor in business school who said that actuaries are necessary so that accountants have someone to tell jokes about at parties.
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Yet people still like to believe that the actuaries would be fooled into believing that putting a seat in the back of a sports car makes the owner more responsible and less of a risk in some manner. The whole concept that they are pulling one over on the insurance companies is ludicrous if people just think it through.