Search Results for: taleb

10 Reasons Countries Fall Apart

July 17, 2012

“States don’t fail overnight. The seeds of of their destruction are sown deep within their political institutions.” Is it cutlure, weather, or Geography? What about war or some singular event that re-writes history? In their new book, Why Nations Fail: The Origins of Power, Prosperity, and Poverty, authors Daron Acemoglu and James Robinson argue that […]

The Noise Bottleneck: When More Information is Harmful

May 29, 2012

When consuming information, we strive for more signal and less noise. The¬†problem is a cognitive illusion: we feel like the more information we consume the more signal we receive. While this is probably true on an absolute basis, Nassim Taleb argues in this excerpt from¬†Antifragile, that it is not true on a relative basis. He […]

Summer Reading List: Curated Recommendations For a Curious Mind

May 20, 2012

If you haven’t already decided on your summer reading list, here is a curated list of multi-disciplinary books that can help fill your brain. Explaining Social Behavior: More Nuts and Bolts for the Social Sciences Nassim Taleb reviews this book, offering the following: “I read this book twice. The first time, I thought that it […]

The Best Books on The Psychology Behind Human Decision Making and Irrationality

February 05, 2012

**reader suggestions are at the bottom*** This is a great way to build your antilibrary. Predictably Irrational by Dan Ariely Mentioned by many others. Outstanding experimentally-driven analysis of human irrationality. Nudge by Richard Thaler and Cass Sunstein Great book that explains the disproportionate impact that initial conditions (priming, anchoring, etc.) have on our decision making. […]

Daniel Kahneman: Some Thoughts on Thinking

October 28, 2011

While Daniel Kahneman’s book, Thinking Fast, Thinking Slow, gets all the attention, he’s also written a few articles that might catch your interest on thinking better. Optimistic Bias: In terms of its consequences for decisions, the optimistic bias may well be the most significant cognitive bias. Because optimistic bias is both a blessing and a […]

Five Must-Reads for Tackling Complex Problems

October 14, 2011

Ted Cadsby writes “the following five books are a small sample from a longer list of must-reads, but they have two things in common. First, they forced me to confront how superficial and inadequate my thinking was in assessing different kinds of complex problems. Second, they took the important next step of introducing more sophisticated […]