Ergodicity
What is ergodicity and why does it matter? Learn how irreversible outcomes affect long-term performance in investing, business, and life decisions.
3rd edition (November 2022)
or
About the book
In this short book, 6-times author Luca Dellanna describes ergodicity as simply as possible.
You will read stories about how not knowing about it destroyed his cousin’s career as a skier, or how misunderstanding it caused additional deaths during the pandemic. You will learn how to spot situations where ergodicity matters and the three strategies to react appropriately.
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