5 ms·

Anyone know of a good place to study the first mathematical models he talks about? Fermat and Pascal's stuff, and decision theory, I believe. Any good online r

• oliveoil 16y ago
  You start with wikipedia, e.g. http://en.wikipedia.org/wiki/Permutation http://en.wikipedia.org/wiki/Permutation The question is how exactly are guys like Munger and Buffet using this to choose stock. I'm missing some obvious link apparently.
  • jakarta 16y ago
    If you start thinking about investments by incorporating decision trees, I think you will start inverting and questioning the potential investment when it comes down to whether or not you should act. This is really helpful to get yourself in the mindset to look at downside risk and evaluate an investment from all angles.
    • ced 16y ago
      Yeah, but where do permutations and combinations come in? I don't see it at all.