OUTGUESS USABLE BITS HOW TO
There's probably something for everyone in here, and it's worth a look.Īs someone who enjoys reading practical guides on statistics and other related mathematical subjects, I found this book to be refreshing and enjoyable the way it dealt with the subject of how to outsmart others, and even machines, and the main way this could be done was to have a sense of humility about our abilities to be random. It was also handy that the author did a summary of tips and strategies at the end of each chapter. The chapters on passwords, crowd-sourced ratings, manipulated and fake numbers were good, as well as the chapters in Part Two on big data and retail prices. The introductory chapters to Parts One and Two were more fascinating than many of the chapters that followed, but I still liked several of the topics that were covered. The chapter on the stock market was a struggle for me to get through, and I didn't care much about the sports-related chapters either.īut the book explored some interesting ideas about how our minds tend to work, how bad people are at randomness and how we see patterns where there aren't any. With topics ranging from rock, paper, scissors strategies to office pools to the stock market, it's a good bet every chapter will not be of equal interest to a reader. Well, I don't think I'll be outguessing and outwitting "almost everybody" after reading this, but it was still an interesting book.
OUTGUESS USABLE BITS FOR FREE
PS: I got this book for free through Goodreads First Reads So I give it a 3.5, gaining points for being awesome and losing them being all over the place (in terms of topics). That’s really the best way.īe warned: There is some dense math in this book (especially in the Stock Market chapter), so if you’re not a math person, you might just want to avoid this book altogether. Now, I read the book all the way through (because that is what I do), so you can trust me when I say that you should feel free to read what sounds interesting and ignore what doesn’t. The Rock Paper Scissors chapter was so much fun, but the sports betting chapters were considerably less so (I’m not a gambler). The chapters were rather short – some were only a couple pages long.Īnother downside is that it’s hard to be interested in every chapter. This is both good and bad, since covering everything means you have less time for the specifics.
This book covers so much ground, from tennis to the Oscars to (you guessed it) rock paper scissors. Rock Breaks Scissors is billed as a “practical guide to outguessing and outwitting almost everybody”. Keep the funds in fixed-income (bonds, etc) when not in stocks. The practical side of me liked the tips on when to buy large ticket items (if you find a 20% discount from average best price over the past year, buy it.) Similarly, the advice on the stock market seems very useful - sell stocks when the Shiller PE is 28 and buy when the Shiller PE is 13. The Terasabos effect is "This effect requires acting skills and balls of steel". I liked the explanation of the mentalist's trick - and the mnemonic used "TERASABOS" for the effect. I'm not much of a gambler but the explanation of football/basketball pools were interesting as was rock/paper/scissors (Who knew there was competitive RPS?) There are explanations of randomness - it does not look like what you expect it to and thus it can used to track people cheating on their expense accounts and taxes. This book is billed as a "hands-on guide to turning life's odds in your favor" and it rarely disappoints. On the practical side, there's plenty of usable information on how to play games (tennis, lottery, rock/paper/scissors) while the nerdy side loves the graphs and math explanations of why these trends and streaks work or, more likely, don't. I enjoyed this book - it appealed to me both on a practical level and a nerd level. This was an ARC that I won through Goodreads First Reads.
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