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The Black Swan seems really good, would you say it's entertaining for non-maths nerds?
by johnnydoe9 10y ago
The Black Swan seems really good, would you say it's entertaining for non-maths nerds?
- thisisforyou 10y agoNot a math nerd. Reading it now. Totally enjoyable. Could not recommend it more.
- misiti3780 10y agoRead the black swan and thinking fast and slow after, I think the combination is life changing. It was for me anyways. They really complement each other.
- nileshtrivedi 10y agoMany of the studies quoted in Thinking Fast and Slow, turned out to be spurious: https://twitter.com/BrianNosek/status/811952178592026624 https://twitter.com/BrianNosek/status/811952178592026624
- chubot 10y agoThe way I think of Black Swan is "making money with philosophy" as opposed to "making money with mathematics". It's not mathematical in the quantitative sense; it's more about fallacies and misapplications of statistics. One thought I've had: If you look the wealthiest guys in the industry and the world, they are more philosophical than mathematical, like Peter Thiel or Paul Graham. An exception would be someone like James Simons (hedge fund guy). Warren Buffett says he basically just does arithmetic, and the rest of it is critical thinking and controlling your emotions. I was pleasantly surprised to see his partner Charlie Munger talk a lot about cognitive fallacies, which are in the realm of philosophy.