Enlightened By Randomness
Weeks ago I read the book Fooled by Randomness. Besides the interesting stories on financial trading and risk management, the core message of the book is the fallibility of human knowledge. The fallacies that we often make are: 1. Overly associative. As my favorite quote in the book states, “Symbolism is the child of our inability and unwillingness to accept randomness.” We human like to assign meanings to anything, even when there are none. Religious people look at a Jesus-looking […]
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