Sentences with phrase «by randomness»

The assumption has made Nassim Taleb, the writer of Fooled by Randomness, rich.
Which means it was placed in its specific place with help not just by RANDOMNESS OF THE UNIVERSE.
Read A RANDOM WALK DOWN WALL STREET by Burton Malkiel and FOOLED BY RANDOMNESS by Nassim Nicholas Taleb for more explanations.
Malcolm Gladwell's Blowing up is rich in biographical detail on Taleb, and reads to me like Fooled by Randomness in essay (despite Taleb's protestations that «while flattering,» it put him in the «wrong box»).
Fibonacci Numbers as a natural constant of existence plainly show that the universe is not guided by randomness but by design.
When we look at the very basis of all science (that is quantum physics and the math which underlies it) we see that everything truly is governed by randomness and probabilities, not by determinism.
And what exactly is meant by those who say that life appeared by chance and that evolution is a blind process ruled by randomness?
Top - down selection leads to increased complexity, enabled by the randomness of lower - level processes, an intriguing thought.
That's bound to turn around, if only by the randomness of one - lost records.
«So how is collective motion of bacteria controlled by randomness of the medium?
And when biased reviewers took more than 2.8 % off the scores awarded to grants from the nonpreferred applicants, the bias began to affect funding decisions — even though that number is smaller than the difference in scores produced by randomness.
Change on the Earth is the result of both, the first step being dominated by randomness, the second by necessity.
I am more on the side that we are Fooled By Randomness as Nassim Nicholas Taleb would say on the families success.
Bad luck caused by randomness and poor returns caused by overvaluation have not occurred simultaneously.
One risk is that past history is driven by randomness, and the future may not be like the past.
wouldn't it be just easier to admit we can't know what the market will do tomorrow or next year and accept that our lives are determined by randomness?
Montier's «seductive details» is reminiscent of the discussion in Nicholas Taleb's Fooled by Randomness on the relationship between the amount of information available to experts, the accuracy of judgments they make based on this information, and the experts» confidence in the accuracy of these judgements.
That which is harmed by randomness, concave.
If you are looking at ten year performance figures of a fund then odds are high that the fluctuations introduced by randomness and luck have evened out over long term and what you see is a reasonable proxy for fund manager's skill.
Be surprised by the randomness of Octodad's flailing or express your own sense of humor by making Octodad do silly things.
Other than movement and cover, Shadowrun Returns is defined by randomness, a fickle mistress that will both reward and punish those arrogant enough to test her wrath.
One of our level designers on the multiplayer side had a lot of experience as a single - player level designer and was absolutely frustrated by the randomness.
While the overall acoustic effect is similar from sphere to sphere as the speed of rotation remains constant, the sound produced by each is distinct, affected by the randomness of its movement.
Thirdly, Spencer finds the scientific theory of Intelligent Design to be more credible than functions formed by randomness.
For investing, I'd have to add Capital Ideas by Peter Bernstein, Fooled By Randomness by Nasim Nicholas Taleb and Common Sense on Mutual Funds by John Bogle.
Taleb offers a similar view in Fooled by Randomness and The Black Swan, and that's what makes the books so enjoyable.
Taleb, who grew up in Lebanon and used to work on Wall Street, published his first non-technical book, Fooled by Randomness, in 2001.
Since that time, he has written a long - form essay broken into three books: The Black Swan: The Impact of the Highly Improbable, Fooled by Randomness: The Hidden Role of Chance in Life and in the Markets, and Antifragile: Things That Gain from Disorder.
1 Nassim Nicholas Taleb, Fooled by Randomness: The Hidden Role of Chance in Life and in the Markets, 2nd ed., (New York: Thompson Texere, 2004), 61.
Other titles that got some love from VCs: Nassim Taleb's Fooled by Randomness and Good to Great by Jim Collins.
The study is titled «Fooled By Randomness,» because that's what it found: virtually no differences across all 100 providers.
We are often «fooled by randomness» — when we see a random pattern, we think it means more than it does.
In his book Fooled by Randomness, Nassim Taleb defined Black Swan (the term refers to the once prevalent old world belief that all swans are white, which was proven false when black swans were discovered in Australia) as a rare event that is (1) unexpected (2) carries an extreme impact and (3) believed to be predictable in hindsight.
RT @AsifSuria: Agreed but they should have replaced Black Swan with Fooled by Randomness.
A loosing trade as a correct trading decision In the chapter outlining Jack's own reflections, he presents a point that is very much in line with a quote I found quite profound in Nassim Taleb's Fooled by Randomness: «A mistake is not something to be determined after the fact, but in the light of the information until that point.»
His major works — Fooled by Randomness, The Black Swan and Antifragile — have challenged an investment industry that until recently clung doggedly to the efficient markets hypothesis: the theory that markets are rational, as are the investors that operate within them.
One of the best books ever written on investing is — Fooled by Randomness: The Hidden Role of Chance in Life and in the Markets, by Nassim Taleb.
As I foreshadowed last week in The New World, I want to explore Nassim Nicholas Taleb's Fooled by Randomness and The Black Swan in some depth.
In Fooled by Randomness, Taleb describes how humans tend to look for patterns in cause and effect where none exist.
Concepts like the importance of standing apart from the crowd, developing your own investment style, and recognizing how easily the investing public is fooled by randomness.
«Fooled by Randomness»...
The idea of the Black Swan Event has been around for a long time, but was first published by Nassim Nicholas Taleb in his 2004 book, Fooled By Randomness.
We're naturally susceptible to being «fooled by randomness
Perhaps you should read Fooled by Randomness or The Black Swan by Nassim Taleb before you place your bet.
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