Stats for nerds
3recommend
4mentions
4people
2015–2026years
75% recommend25% neutral
Mentions per year
What Hacker News says
- I highly recommend the book "Deep Simplicity" by John Gribbin.^1
It explores precisely this topic: the emergence of unexpectedly rich, complex behaviors from very simple rules given feedback and sensitivity to initial conditions.
1. https://www.penguinrandomhouse.com/books/71851/deep-simplici...
- How about some context books:
“The Idea Factory” by Gertner “Linked” by Barabasi “Deep Simplicity” by Gribbin “The Black Swan” by Talib “Chaos” by Gleick “The Experience Economy” by Gilmore & Pine
- If you are a lay person interested in this subject in general I can recommend John Gribbon's book Deep Simplicity (it's publish with two different subtitles)
- After reading through the comments, I'd like to approach from a different angle.
Summary: you better of learning more about human behavior, and how we operate on a daily basis then reading every book on economy.
When I heard in 2008 as a kid, that the world is in a financial crisis because the investors are scared, I had no idea what is going in. I was like, those people are grown man, how come they fear something they do all the time? And why does investors mood correlates to financials? How can a grown man have a fear of investing as an investor, it was odd at a time for me. Then I went ahead and played outside like nothing is happening.
I've read a lot of books just about everything, like on every topics i could get my hands on. Some of em are: Thinking, Fast and Slow, The power of habbit, Deep Simplicity, Intelligent Investor and much more, not exclusively from hackernewsbooks.com.[0]
I always arrived at the conclusion of the market is eventually run by people(no shit). At some point in time people come up with the idea of having a stock exchange or whatever you want to call it. Without people it would be non-functional, non-existent. So if you want to know about the working of market, you better of reading about humans, human mind. What drives us, why we do things, fears, and so much more. And the best thing about this is that you can see for yourself, it feels I am doing a research, but on myself. There is not a single silver bullet in this topics of course, but one book I most often hear is Thinking, Fast and Slow, mentioned before, its really worth to read it!
Sometimes its driven by fear, like right now. In 2008 it was greed (yeah its usually not just one thing, but you get the idea). So at the why and how, I usually end up with human behavior. And since you cant determine what someone is going to do, feel or think, you cant really tell what is going to happened next, or in the future. But after reading more and more about humans, it gets a little bit clearer as you read more books and connect the dots. And you are going to experience everything for yourself. You can be your own research subject. The past couple of years I've been doing that and I really enjoying it.
[0]: https://hackernewsbooks.com/book/thinking-fast-and-slow/8e66...
