Sunday, September 8, 2013

Interesting observation about the movement of history

History moves in jumps. Huge jumps.

By "History", we mean an object's value at a specific point in time.

Some examples that I can certainly think of:

  • Stock market
  • Chess strength (in both bughouse and normal chess)
  • Scientific discoveries
  • Intelligence
Plagiarized these thoughts from Nassim Taleb (Fooled by Randomness, Black Swan, Antifragile), page 12, https://dl.dropboxusercontent.com/u/50282823/chapters1-3-probability.pdf

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