This is a summary of links featured on Quantocracy on Sunday, 09/16/2018. To see our most recent links, visit the Quant Mashup. Read on readers!
The Law of Large Numbers – Part 2 [Robot Wealth]Even if youve never heard of it, the Law of Large Numbers is something that you understand intuitively, and probably employ in one form or another on an almost daily basis. But human nature is such that we sometimes apply it poorly, often to great detriment. Interestingly, psychologists found strong evidence that, despite the intuitiveness and simplicity of the law, humans make systematic