Nominally, “The Alchemy of Finance” is about understanding markets and making better investing decisions. If that is all one learned it would be a crying shame, because the book is actually about understanding reality and making better decisions. To restrict it to the markets is a serious mistake and not one Soros makes.
I like books. I also really like giving and receiving books as gifts. They make the best present, bar none. Let me explain a little bit more.
Daniel Kahneman is an interesting man. Born in 1934, he is a psychologist mostly concerned with prospect theory, decision making and the psychology of judgement. Incidentally and as a sideshow he also established the intellectual foundations of Behavioural Economics, for which he was awarded the 2002 Nobel Prize in Economics. Unsurprisingly (or is it? he would ask), he also writes very interesting books.
Once upon a time, words were sacred and inviolate…
Julian Baggini’s “Do They Think You’re Stupid” is a light, amusing read with a serious meta-lesson tucked away inside. Presented as a list of 100 common argumentative fallacies and why they’re wrong, it can actually be interrogated as a guide to good analysis. Continue reading
Broadly broadly, there are two ways of thinking about things. First of all, there’s the classic way. Call it the Platonic style – an infinity of absolute abstract forms, all very different from each other and none defined except by the examples which represent them. In direct contrast to this, there is mathematics. Formal, precise and unambiguous definitions of simple things using simple rules. Then a dizzying array of combinations and the emergent properties which drive Stephen Wolfram wild. Call this by what Platonically exemplifies it best: the silicon style. But wait a moment! What on Earth does this rather obscure philosophising have to do with teaching technology?