Chapter
The Mathematics of Optimization Under Multiplicative Dynamics
09:21 - 11:49 (02:28)
The ergodicity debate is a topic in mathematics that deals with the mathematics of optimization under multiplicative dynamics. The debate is about the effectiveness of statistical methods when applied to decision making in different environments.
Clips
Ramit Sethi, author of "I Will Teach You to Be Rich," discusses the concept of adding one and how it applies to multiplication in various aspects of life.
09:21 - 11:00 (01:39)
Multiplication
Summary
Ramit Sethi, author of "I Will Teach You to Be Rich," discusses the concept of adding one and how it applies to multiplication in various aspects of life.
ChapterThe Mathematics of Optimization Under Multiplicative Dynamics
Episode#255 - Rory Sutherland - The Psychology Of Irrationality
PodcastModern Wisdom
Dimitri illustrates the importance of reputation to one's life trajectory, emphasizing that it is more like multiplication over time than addition.
11:00 - 11:49 (00:48)
Reputation
Summary
Dimitri illustrates the importance of reputation to one's life trajectory, emphasizing that it is more like multiplication over time than addition.