William Poundstone: Simple

William Poundstone is American writer. Explore interesting quotes on simple.
William Poundstone: 66   quotes 0   likes

“There is a deep connection between Bernoulli's dictum and John Kelly's 1956 publication. It turns out that Kelly's prescription can be restated as this simple rule: When faced with a choice of wagers or investments, choose the one with the highest geometric means of outcomes.”

William Poundstone

Part Four, St. Petersburg Wager, Natures Admonition To Avoid The Dice, p. 191
Fortune's Formula (2005)

“Are there any mythical beasts which aren't simple pastiches of nature? Centaurs, minotaurs, unicorns, griffons, chimeras, sphinxes, manticores, and the like don't speak well for the human imagination. None is as novel as a kangaroo or starfish.”

William Poundstone

Source: Labyrinths of Reason (1988), Chapter 1: "Paradox", p. 11

Imagination , Nature

“Simple rules can have complex consequences. This simple rule has such a wealth of implications that it is worth examining in detail. It is the far from self-evident guiding principle of reductionism and of most modern investigations into cosmic complexity. Reductionism will not be truly successful until physicists and cosmologists demonstrate that the large-scale phenomena of the world arise from fundamental physics alone. This lofty goal is still out of reach. There is uncertainty not only in how physics generates the structures of our world but also in what the truly fundamental rules of physics are.”

William Poundstone

The Recursive Universe (1985), p. 31

World , Success , Wealth