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A batch of the best highlights from what Louis's read, .
Preoccupation with being right means you’re betting, which personalizes the market and is the root of losses due to psychological factors. Concern yourself with whether or not you have done your homework to define a set of conditions under which you will enter and exit the market, and whether or not you carry out that plan.
What I Learned Losing a Million Dollars
Jim Paul
THERE ARE at least two kinds of games. One could be called finite, the other infinite.
A finite game is played for the purpose of winning, an infinite game for the purpose of continuing the play.
Finite and Infinite Games
James Carse
Dawkins saw cultural transmission as analogous to genetic transmission and thus a mechanism of evolution in its own right. Language in particular can evolve much faster than organisms do, and nowhere is cultural transmission more important than in the form of ‘communicable’ ideas.
Darwin's Blind Spot: The Role of Living Interactions in Evolution
Frank Ryan
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