James Simons – Numberphile
There are smart people and then there are people like James Simons. This is a long form interview but it is worth watching even if it over a few sittings.
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Importance of Simple Forecasting Methods
As long ago as the fourth century B.C., scientists have argued in favor of simplicity. Perhaps the most familiar expression of the importance of simplicity for science is the 14th century formulation known as Occam’s razor, a line of reasoning that holds that the simplest answer is often correct. The preference for simplicity in science…
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How Using a Decision Journal can Help you Make Better Decisions
One question I’m often asked is what should a decision journal look like? You should care enormously whether you’re making good ones or bad ones. After all, in most knowledge organizations,your product is decisions. A good decision process matters more than analysis by a factor of six. A process or framework for making decisions, however,…
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How Athletes Can Stay ‘Fast After 50’
As we get older, most of us get slower. But aging athletes may be able to stave off those changes more successfully than most people realize. That’s the conclusion that Joe Friel, a celebrated triathlete, coach and author, reaches in his new book, “Fast After 50.” As he approached his 70th birthday, Mr. Friel began…
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Daniel Kahneman on Intuition and the Outside View
Michael Mauboussin: When does intuition work or fail? Daniel Kahneman: Intuition works less often than we think. There is no such thing as professional “expertise.” The Intuitions in chess masters develop with “big data” comes from experience. For people, the immediacy of feedback is especially important to learn the basis of expertise. When feedback comes…
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Dickheads
It is only isolating if you are a dickhead – which is true of most things in life. It’s a rainy Wednesday morning and Clay Cockrell is sitting in his office at Columbus Circle across the street from 1 Central Park West, which houses Trump International Hotel and Tower. In front of the tower is…
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