Latest from the Blog

Be good and do good …
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The probabilities of success from the collection of people does not apply to cousin Theodorus Ibn Warqa. Let us call the first set ensemble probability, and the second one time probability (since one is concerned with a collection of people and the other with … Read More

Branding of things
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Even if their forecast were true (it isn’t), no person can get the returns of the market unless he has infinite pockets and no uncle points. The are conflating ensemble probability and time probability. If the investor has to eventually reduce his … Read More

Possibilities
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The probabilities of success from the collection of people does not apply to cousin Theodorus Ibn Warqa. Let us call the first set ensemble probability, and the second one time probability (since one is concerned with a collection of people and the other with … Read More

Leader vs Manager
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Time to explain ergodicity, ruin and (again) rationality. Recall from the previous chapter that to do science (and other nice things) requires survival but not the other way around?

Business & Faith
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Anyone working in a “secular” job will be tempted to think of work as less significant or less God honoring than that of, say, a pastor. I have struggled here, and over the years I have met many others who … Read More

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