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"Fooled by Randomness" is a great book. But I sometimes feel about it the same way I feel about people who say lotteries are a waste of time: some people do wi
by mikecane 16y ago
"Fooled by Randomness" is a great book. But I sometimes feel about it the same way I feel about people who say lotteries are a waste of time: some people do win. And sometimes, despite everything, a transient pattern does repeat. How frustrating!
Edited to add this, which is sometimes also brought up:
http://en.wikipedia.org/wiki/Illusion_of_control http://en.wikipedia.org/wiki/Illusion_of_control
- Tichy 16y agoYeah, now Taleb is betting on the big random event, but what if the unexpected thing is that the unexpected thing never happens?