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Investment is informed gambling on human behavior. Important to note especially for HN crowd, is that Claude Shannon’s information theory is very much applicabl
by hahahahe 6y ago
Investment is informed gambling on human behavior. Important to note especially for HN crowd, is that Claude Shannon’s information theory is very much applicable to trading (and perhaps this is why he was so interested in trading as well). Highly recommend reading The Mathematical Theory of Communication, with this lens and focus. It’s eye opening.