Good-No, It's an excellent book.
I started out listening to the audio book and decided to slow things down and carefully read the print edition.
Nate Silver delves deeply into the world of high stakes poker. You’ll learn about game theory and the Nash Equilibrium. These concepts have application way beyond the world of poker. (Think of a time someone at your workplace engaged in a bluff.) One thought I had this morning is that I’d be willing to “bet” that Nancy Pelosi knows a thing or two about about game theory.
Here’s the point: life really is (to an extent) an exercise in probabilities. I learned the other day that, if you ride a motorcycle for a year, you have a one in ten thousand chance of departing this good green earth earlier than you planned to. Or, why —in my job-do people come in for help with smoking cessation? Frequently they tell me that they enjoy the company of their grandchildren and would like that to continue.
Do you put your retirement funds in plain vanilla instruments or “swing for the fences?” It’s all about your estimate of what the risks are.
Even if you (like me) never see yourself at a poker table, you’ll learn a good bit about evaluating the choices you face.
I’m sure the rest of Silver’s book will broaden out to other areas of assessing risk. I’m looking forward to it.