Episode · Invest Like the Best · 2017-01-17
Patrick O'Shaughnessy & Jeremiah Lowin: books mentioned on Invest Like the Best #20
Jeremiah Lowin – Machine Intelligence and Risk Management - [Invest Like the Best, EP.20]
Jeremiah Lowin is probably the smartest guy I know, and that is saying something. He is an expert in the fields of statistics, artificial intelligence, and risk management—among many other things.
Jeremiah Lowin discussed The Misbehavior of Markets by Benoit Mandelbrot and others. Patrick O'Shaughnessy discussed Tao te Ching.
Books mentioned, in the order they came up
-
The Misbehavior of Markets
Discussed“And I happened to be reading the misbehavior of markets at the time. And of course, read that the stock market is anything but normally distributed.”
Where to get it
-
Tao te Ching
Discussed“So that's why at the beginning of the Tao Te Ching, it says the Tao that can be named is not the true Tao, because language captures some large percentage of an underlying essence or truth.”
Where to get it
Other mentions in this episode (1) — ad reads, self-promotion and passing references, never counted
Passing The big short
“And there's this idea that right now, the biggest risks in the market are the ones literally nobody is talking about, or maybe a small handful, you know, the guys in the big short or the, you know, the, the, the, the tiny minority that we're talking and thinking about it.”