Category: Books and Life
Fooled by Randomness
I was born to be fooled by randomness.
The Anxious Investor by Scott Nations
You should practice a sort of financial mindfulness, disciplining yourself to make logical investment decisions now despite the knowledge that they might not always work out. Risk-as-feeling generates poorer choices. Pessimism is often taken more seriously than optimism. Self-discovery takes longer than we would like. Bubble and crash both does the damage. One of the…
“Skin in the game” by Nassim Taleb
What is the foundational logic of risk bearing?