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The hazards of feeling lucky in gambling Why do so many gamblers risk it all when they know the odds of winning are against them? Why do they believe dice are "hot" in a winning streak? Why do we expect heads on a coin toss after several flips have turned up tails? What's Luck Got to Do with It? takes a lively and eye-opening look at the mathematics, history, and psychology of gambling to reveal the most widely held misconceptions about luck. It exposes the hazards of feeling lucky, and uses the mathematics of predictable outcomes to show when our chances of winning are actually good. Mathematician Joseph Mazur traces the history of gambling from the earliest known archaeological evidence of dice playing among Neolithic peoples to the first systematic mathematical studies of games of chance during the Renaissance, from government-administered lotteries to the glittering seductions of grand casinos, and on to the global economic crisis brought on by financiers' trillion-dollar bets. Using plenty of engaging anecdotes, Mazur explains the mathematics behind gambling—including the laws of probability, statistics, betting against expectations, and the law of large numbers—and describes the psychological and emotional factors that entice people to put their faith in winning that ever-elusive jackpot despite its mathematical improbability. As entertaining as it is informative, What's Luck Got to Do with It? demonstrates the pervasive nature of our belief in luck and the deceptive psychology of winning and losing. Some images inside the book are unavailable due to digital copyright restrictions.
Is luck a cosmic force that we can randomly stumble upon, or is there something real that people we consider lucky have discovered? Learn about the science of luck is an in-depth look at what all lucky people have in common and how they set themselves up for success time after time. Put success into your own hands, not fate's. This book will open your eyes to what is behind each moment you would call lucky and give you a concrete action plan to create more of the same. Luck doesn't have to be just fantasy. You'll become immune to bad luck. This content helps you: -The human illusion of control and lucky thinking. -Popular methods for luck - do they work? (One does, one does not) -The downside of probabilities. -Avoiding bad luck internally and externally. In addition, you'll uncover: -Coincidence, serendipity, and other "small world" phenomenon. -Three traits that practically manufacture luck. -Max Gunther's famous "strategic luck planning" approach to life.
A gripping tale of how even experts misread the role of chance - from the stock market to doctors' surgeries - "Dance With Chance" argues that we all fall foul of the 'The Illusion of Control', meaning that we underestimate the role of luck in our lives. The authors argue that by understanding how uncertainty operates, we can make palpable improvements to our health, wealth, happiness and careers.
This is the first volume of its kind to provide a curated collection of cutting-edge scholarship on the philosophy of luck Offers an in-depth examination of the concept of luck, which has often been overlooked in philosophical study Includes discussions of luck from a range of philosophical perspectives, including ethics, epistemology, metaphysics, and cognitive science Examines the role of luck in core philosophical problems, such as free will Features work from the main philosophers writing on luck today
From the New York Times bestselling author of The End of Faith, a thought-provoking, "brilliant and witty" (Oliver Sacks) look at the notion of free will—and the implications that it is an illusion. A belief in free will touches nearly everything that human beings value. It is difficult to think about law, politics, religion, public policy, intimate relationships, morality—as well as feelings of remorse or personal achievement—without first imagining that every person is the true source of his or her thoughts and actions. And yet the facts tell us that free will is an illusion. In this enlightening book, Sam Harris argues that this truth about the human mind does not undermine morality or diminish the importance of social and political freedom, but it can and should change the way we think about some of the most important questions in life.
Practical, real life methods to become the luckiest person you know with – no lucky charms or rituals needed to beat the odds. Luck – we’re not sure what it is, but we know we want it on our side. Is luck a cosmic force that we can randomly stumble upon, or is there something real that people we consider lucky have discovered? The Science of Being Lucky is an in-depth look at what all lucky people have in common and how they set themselves up for success time after time. Put success into your own hands, not fate's. The Science of Being Lucky takes you on a science-based journey into what luck is, what we think it is, and how to get more of it in your life. The journey begins by breaking down and defining the lucky breaks, coincidences, and serendipitous events in our lives – then delves into the specific traits, life factors, and perspectives that create lucky outcomes. The Science of Being Lucky will open your eyes to what is behind each moment you would call lucky and give you a concrete action plan to create more of the same. Luck doesn’t have to be just fantasy. Become immune to bad luck. Peter Hollins has studied psychology and peak human performance for over a dozen years and is a bestselling author. He has worked with dozens of individuals to unlock their potential and path towards success. His writing draws on his academic, coaching, and research experience. He’s no stranger to bad luck, having broken the same toe three times, but he’s found ways to reverse his luck and live the good life. Ditch the lucky underwear and rabbit’s foot. -The human illusion of control and lucky thinking. -Popular methods for luck – do they work? (One does, one does not) -The downside of probabilities. -Avoiding bad luck internally and externally.
The Acquirer's Multiple: How the Billionaire Contrarians of Deep Value Beat the Market is an easy-to-read account of deep value investing. The book shows how investors Warren Buffett, Carl Icahn, David Einhorn and Dan Loeb got started and how they do it. Carlisle combines engaging stories with research and data to show how you can do it too. Written by an active value investor, The Acquirer's Multiple provides an insider's view on deep value investing.The Acquirer's Multiple covers: How the billionaire contrarians invest How Warren Buffett got started The history of activist hedge funds How to Beat the Little Book That Beats the Market A simple way to value stocks: The Acquirer's Multiple The secret to beating the market How Carl Icahn got started How David Einhorn and Dan Loeb got started The 9 rules of deep value The Acquirer's Multiple: How the Billionaire Contrarians of Deep Value Beat the Market provides a simple summary of the way deep value investors find stocks that beat the market.
As Greg Tenorly was about to marry the woman of his dreams, he figured he was the luckiest man in the world. Until he got an anonymous phone call warning him about his bride's shady past. Larry had been lucky all his life. He had everything he could possibly want. Except a publishing contract. So, the fact that his first six mystery novels had been rejected did not dissuade him from starting on book seven. Ironically, he finally found success when he began to publish an online account of his own downward spiral into depravity and murder. Is luck real? Or is it just an illusion? Some people have to find out the hard way.
Is luck a cosmic force that we can randomly stumble upon, or is there something real that people we consider lucky have discovered? Learn about the science of luck is an in-depth look at what all lucky people have in common and how they set themselves up for success time after time. Put success into your own hands, not fate's. This book will open your eyes to what is behind each moment you would call lucky and give you a concrete action plan to create more of the same. Luck doesn't have to be just fantasy. You'll become immune to bad luck. This content helps you: -The human illusion of control and lucky thinking. -Popular methods for luck - do they work? (One does, one does not) -The downside of probabilities. -Avoiding bad luck internally and externally. In addition, you'll uncover: -Coincidence, serendipity, and other "small world" phenomenon. -Three traits that practically manufacture luck. -Max Gunther's famous "strategic luck planning" approach to life.
Good luck isn’t just chance—it can be learned and leveraged—and The Serendipity Mindset explains how you can use serendipity to make life better at work, at home—everywhere. Many of us believe that the great turning points and opportunities in our lives happen by chance, that they’re out of our control. Often we think that successful people—and successful companies and organizations—are simply luckier than the rest of us. Good fortune—serendipity—just seems to happen to them. Is that true? Or are some people better at creating the conditions for coincidences to arise and taking advantage of them when they do? How can we connect the dots of seemingly random events to improve our lives? In The Serendipity Mindset, Christian Busch explains that serendipity isn’t about luck in the sense of simple randomness. It’s about seeing links that others don’t, combining these observations in unexpected and strategic ways, and learning how to detect the moments when apparently random or unconnected ideas merge to form new opportunities. Busch explores serendipity from a rational and scientific perspective and argues that there are identifiable approaches we can use to foster the conditions to let serendipity grow. Drawing from biology, chemistry, management, and information systems, and using examples of people from all walks of life, Busch illustrates how serendipity works and explains how we can train our own serendipity muscle and use it to turn the unexpected into opportunity. Once we understand serendipity, Busch says, we become curators of it, and luck becomes something that no longer just happens to us—it becomes a force that we can grasp, shape, and hone. Full of exciting ideas and strategies, The Serendipity Mindset offers a clear blueprint for how we can cultivate serendipity to increase innovation, influence, and opportunity in every aspect of our lives.