Results 1 to 20 of 81

Thread: What Are You Currently Reading? 2013

Threaded View

Previous Post Previous Post   Next Post Next Post
  1. #10
    Council Member Firn's Avatar
    Join Date
    Sep 2009
    Posts
    1,297

    Default

    The Signal and the Noise.

    A great book. The Baseball chapter was a bit long for my European taste, the poker one maybe too and I have some slight ceveats in other areas. However the positives dominate. Coming from a somewhat different angle it gels well with Kahnemans studies and surprisingly enough with aspects of the works of Ben Graham and Buffet. He ends with the words:
    The more eagerly we commit to scrutinising and testing our theories, the more readily we accept that our knowledge of the world is uncertain, the more willingly we acknowledge that perfect prediction is impossible, the less we will live in fear of our failures, and the more freedom we will have to let our minds flow freely. By knowing more about what we don't know, we may get a few more predictions right
    Should work well most of the time for investors...
    Last edited by davidbfpo; 03-07-2013 at 12:19 AM. Reason: Citation in quotes
    ... "We need officers capable of following systematically the path of logical argument to its conclusion, with disciplined intellect, strong in character and nerve to execute what the intellect dictates"

    General Ludwig Beck (1880-1944);
    Speech at the Kriegsakademie, 1935

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •