Though much of this book is about investing, it's broadly applicable. This book is much, much deeper than your typical finance book. I strongly recommend this book to anyone irrespective of their path in life or their career but naturally the recommen...  Read More

He cites the vienna circle, the sokal hoax and the works of hegel, jacques derrida and camille paglia as both positive and negative examples pertaining to nonsense speak. But theatricality is a component of his style, so you are getting used to it. Th...  Read More

Arrow and debreu state space method akin to scenario analysis; a sequence of what-if (conditional) scenarios. Emotions give us the motivation to do things- see the common stem there in emotion and motivation (mot).

The survivorship bias is one of the most prevalent in our minds. The old is most likely to continue to survive under time aggregation (i. The maximum of an average is necessarily less volatile than the average maximum) older people tend to survive bec...  Read More

Nassim taleb's fooled by randomness is a must-read. He uses the example of russian roulette as an example.

This book is a self-absorbed, self promoting, ego rant, ridden with soft bragging and veiled with a pseudo-intellectual/philosophical presentation. I am not sure why the author felt compelled to slightly undermine buffett's achievements.

Nassim nicholas taleb wrote fooled by randomness.

Taleb seems set on airing out grievances against his more risk-loving stock trading peers and thus stops far short of taking us through a much more interesting discussion of true randomness and chance as it pertains to every day life. Taleb misapplies...  Read More

His ideas, meh. His anecdotes are mildly entertaining, as are his unintentional self-owns. He draws parallels everywhere, but many are very superficial.

A discussion about wealthy conservative stock traders and even wealthier risk-loving stock traders who failed because they are reckless, is really not very philosophically or intellectually interesting. An option is essentially an insurance contract, ...  Read More