October 14, 2024
1 books · 4 highlights · 0 notes
The Uncertainty Solution: How to Invest With Confidence in the Face of the Unknown
John M. Jennings
“Counties with a small population have a substantial variation around the mean”
1:05 AM
“Miracles” happen all the time. Mathematician John Littlewood calculated that the average person would experience a miracle about once a month, a miracle being a one-in-a-million occurrence. The”
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“Hoarding toilet paper is a spot-on illustration of how complex social systems work: the small actions of individuals can cause broad, disproportionate, and often irrational outcomes for the system”
1:33 AM
“Investing isn’t about beating others at their game. It’s about controlling yourself at your own game.”
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