[youtube https://www.youtube.com/watch?v=9Kea0ac0XuE?rel=0]

This book is one of the few books on stochastic processes that teach concepts via problems. Teaching math concepts via problems with out delving too much in to the theory has its own advantages. The fact that the book is asking you to prove/compute/calculate/verify something at regular intervals means that you are not a passive reader from the word “go”. In fact one cannot be a passive reader at least while going over a math book.

The title of the book gives away the main idea behind the book, i.e., ways to separate skill and luck in any outcome. Take any field, be it sports, investing, business , etc. all we get to see is the outcome. In games like chess, the outcome is clearly attributed to player’s “Skill” and in games like slot-machines / casino games, the outcome is clearly attributed to “Luck”. However there are a lot of activities that fall somewhere in between this Luck-Skill continuum.

Via Intelligent Life In Hollywood terms, it’s daring to devote even six minutes of animation to adults, rather than their offspring, but, judging by the acclaim that’s being heaped on “Paperman”, the gamble has paid off. The question is, then, when will someone produce an entire feature-length cartoon with an adult audience in mind? [youtube https://www.youtube.com/watch?v=cBgW_1-9YFk?rel=0]

Via BI :