![]() ![]() I am highly skeptical that anyone could get meaningful results by attempting to model the behavior of every market participant.There are several instances where the author builds his own Monte Carlo simulation of the market, then concludes that a certain trading style is more profitable than another.The author puts far too much faith into Monte Carlo simulations.I felt like the book succeeded despite editing. ![]() ![]() The author makes a specific point in the preface about how he eschewed the advice of editors and felt validated by the sales of his book, but I noticed many instances that could be improved with editing.Wastes so many pages mocking financial authors and TV personalities.“Dow is up 1.03 on lower interest rates” when the percentage change is 0.01%, it’s just random noise and can’t be tied to a particular cause.e.g., Bayes’ Theorem as applied to medical testing.Contains many interesting examples of ways people typically derive meaning from random noise or misapply statistics:.Thinking Fast and Slow covers the same material with more depth and better writing. Reading it in 2018, the ideas feel neither novel nor original. While it was likely groundbreaking when it was published in 2004, its ideas have since permeated into the mainstream. The book contains many interesting examples of common biases and logical fallacies, but it’s buried in a lot of bluster and fluff about how smart the author is. ![]()
0 Comments
![]() My heart is COMPLETELY and FULLY YOURS and I will ALWAYS put you first! You are the love of my life Hailey Baldwin and I wouldn’t want to spend it with anybody else. I promise to lead our family with honor and integrity letting Jesus through his Holy Spirit guide us in everything we do and every decision we make. ![]() “So committed to spending my life getting to know every single part of you loving you patiently and kindly. Hailey, I am soooo in love with everything about you,” the “Love Yourself” crooner wrote on Instagram, announcing their engagement. ![]() ![]() ![]() ![]() Anna's complicated love for her brother who's spiraling out of control made me straight-up teary. I loved the subplot of Anna's meeting the dashing straight out of a romance novel Lincoln Mallory, who's just as messy as Anna once she scratches the surface. It's weird, and not something that explicitly bothers me anymore, but it's remarkable how folks nearly-universally assume that it's not by choice that I work with the sort of clients I do.Īll that is to say, I very closely identified with the complexities of Anna's relationship with her career on a personal level and also on a macro level with regard to how as a woman, I feel like I'm constantly defending the things I like and care about to people who don't really matter. ![]() But whenever I do take on a larger, more "mainstream" (and I'll let you read into the subtext of that) client, all the sudden I receive all kinds of validation from acquaintances. ![]() |