Monty Hall There is an interesting problem in statistics and probability known as the Monty Hall problem. You can choose one of three doors. Behind one door is a car, behind the other two are goats. You choose door number three, and then Monty Hall opens door number one, showing a goat, […]
Structural Permutations
Pasta Machine I have a friend that just bought a pretty cool pasta machine. It comes without about 50 different attachments, so all you need to do is put dough in, and whatever pasta you want will come out the front. She said it’s cool to use, but really difficult to clean. […]
Rigged System Exploitation
Football Guy I used to work with this guy a long time ago that loved to bet on Football. Every Monday he’d tell us how he almost made a ton of money, but he ended up losing everything. Funny thing was he had this idea that every single game was rigged, that the […]
MLM Universe
Survivorship Bias Survivorship bias is very dangerous, as it doesn’t happen inside our brains. The filtering, which is normally done inside our brain, is being done by the world, is the result of unpredictable chaos theory. But since it seems an easy task to study the winners, that’s what people do. Network […]
Caviar Planet
Bell Curve Experiment I saw this cool experiment a couple days ago. Not really an experiment, more like a demonstration. A demonstration of a math teacher to his elementary school students. About probability and the Gaussian distribution. He had all the students stand in one line in the gym and face […]
Intuition Calibration
Investment Seminar I went to this investing seminar recently. It was an interesting investing seminar. It was based on using your intuition to choose investments. The whole idea was how to calibrate your intuition so will be a very helpful investment tool. The guy started off by giving a few stories of people that […]
Unintended Consequences
The Unpredictable Future The human brain is extremely limited in how we perceive things. Our sensory organs can only discern a very tiny window within the data that is hitting them. Even the idea of our conscious minds is not something we fully understand. Some studies indicate that up to 95% of our behaviors are […]