Before summer fades into fall, you might want to take a look at Steve Lohr’s Data-ism: The Revolution Transforming Decision Making, Consumer Behavior, and Almost Everything Else (Harper Business / HarperCollins, 2015). It’s well crafted, the kind of book you would expect from a New York Times journalist–heavy on the backstory and potential implications of data collection and analysis, light on technology. But an interesting read nonetheless.
By the way, for those interested in exploring some basic techniques of analytics (with minimal math necessary), MIT offered an excellent course on edX called “The Analytics Edge.” It’s just wrapping up, but if it’s offered again, I can highly recommend it.
Nomad Investment Partnership: Keep An Eye On The Unseen Risks
There are many ways to define risk. Warren Buffett has said that "risk comes from not knowing what you're doing." Q3 2020 hedge fund letters, conferences and more His mentor, Benjamin Graham, believed that risk should be measured as the chance of a permanent capital impairment of an investment. Seth Klarman also holds this view. Read More