Jump to content

book recommendations on probability thinking


RedDaruma

Recommended Posts

All,

 

I have been wondering if there is any better way to sharpen my thinking based on probability. Is there any book recommendation? Most of the books I found on the internet is too academic and difficult to apply in investing (the data/numbers already exists etc).

 

Thank you in advance,

RD

Link to comment
Share on other sites

Guest jeffswaldron

That link was great, thank you.  I found Nassim Taleb helpful, but would be interested in the technical side -- for a dummy.

Link to comment
Share on other sites

That link was great, thank you.  I found Nassim Taleb helpful, but would be interested in the technical side -- for a dummy.

 

Have you read 'Thinking Fast and Slow' by Daniel Kahneman?

 

And if you want more, you can go back to the original studies:

 

https://www.amazon.com/Judgment-Under-Uncertainty-Heuristics-Biases/dp/0521284147

 

https://www.amazon.com/gp/product/0521627494/

Link to comment
Share on other sites

On the statistical side there are excellent YouTube series on all levels of probability and statistics. Ben Lambert has an excellent series on graduate level statistics. I personally prefer video lessons to textbooks but I can recommend texts if you’d like.

 

I would also recommend a textbook in formal logic as accompaniment. Any of the intro to logic texts will do - the Hacking text would be a good starter.

 

I personally find the latter a really useful skillset to have - all the great thinkers had some level of logic/philosophical training, and I find it useful for investment analysis as well.

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
×
×
  • Create New...