Monday, July 14, 2014

Notes: What the Dog Saw

New Yorker mag essays by M. Gladwell.

"Blowing Up" -- about Nassim Taleb.
  • He never sells options. Only buys them. On both sides. Out-of-the-money options. 
  • "We still know nothing."
  • second book, The Black Swan
"John Rock's Error" - about birth control Pill.
  • Dr. Pike: "The world is not the world it was. And some of the risks that go with the benefits of a woman getting educated and not getting pregnant all the time are breast cancer and ovarian cancer, and we need to deal with it. 
  • fault of the haphazard nature of science, which all too often produces progress in advance of understanding. 
"Open Secrets" - Enron.
  • differences between puzzle and mysteries. Puzzle need enough info; Mysteries filter through the too much info, open-ended solution. 
  • Puzzles are "transmitter dependent" - turn on what we are told. Mysteries are "receiver-dependent" - turn on the skills of the listener. 
"Million-Dollar Murray" - homelessness and power-law distribution solutions.
  • Power law - small percentage doing all the damage. 
  • Power-law solutions have little appeal to the right bc they involve special treatment for people who do not deserve them; little appeal to the left bc of their emphasis on efficiency over fairness. 
"Art of Failure" - choking vs. panic.
  • explicit learning - thinking about it; eventually, implicit learning -  takes place outside of awareness. 
  • Under conditions of stress, the explicit learning sometimes takes over. That's what it means to choke. 
  • Panic shuts down our thinking; thinking too little; narrow thinking. 
  • Under stereotype threat (under pressure), they overthink and don't do well on standardized tests. But on those tests, you need quick processing, intuitions. 
"Blowup" - Challenger explosion.
  • Creation of ABS brake systems - people drove more recklessly; they consumed the risk reduction. 
"Late Bloomers"
  • Ben Fountain, Brief Encounters with Che Guevara.
  • The Cezannes of the world bloom late not as a result of some defect in character, or distraction, or lack of ambition, but because the kind of creativity that proceeds through trial and error necessarily takes a long time to come to fruition. 
  • Creativity has two types -- conceptual and experimental. 
  • late bloomers -- his or her success is highly contingent on the efforts of others. 
"Most Likely to Succeed" - quarterback problem.
  • Teacher effects dwarf school effects. School system has a quarterback problem. How to find a great teacher. How to find a great NFL QB.
  • Of all teacher elements -- feedback the most important. Individualized feedback. Also, teacher's withitness. Non-verbal presence. 

No comments:

Post a Comment