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The Line Between Aggressive and Crazy - RHS Financial
Kelly's formula for how much of your bankroll to bet.
Edwin O. Thorp (Beat the Dealer) made use of this. It's still valid with respect to investing.
betting  investing  bankroll  shannon  thorp  math  kelly 
6 weeks ago by brentfarwick
New Theory Cracks Open the Black Box of Deep Learning | Quanta Magazine
A new idea is helping to explain the puzzling success of today’s artificial-intelligence algorithms — and might also explain how human brains learn.
machine-learning  ai  deeplearning  artificialintelligence  Deep-learning  Information-Theory  machinelearning  favorite  shannon 
12 weeks ago by davedmiller
Genius engineer Claude Shannon used this problem-solving process - Business Insider
Step 1: Simplify. Simplify. Simplify.
Step 2: Fill your 'mental matrix' with solutions to similar problems.
Step 3: Approach the problem from many different angles.
Step 4: Break a big problem down into small pieces.
Step 5: Solve the problem 'backwards.'
Step 6: If you've solved the problem, extend that solution out as far as it will go.
shannon  problemsolving  advice  process 
august 2017 by drmeme
Genius engineer Claude Shannon used this problem-solving process - Business Insider
The engineering professor James Massey called this insight "Copernican": In
engineering  shannon  advice 
august 2017 by pmastela
Claude Shannon’s “Creative Thinking” Speech: A Genius Reveals How To Be Creative
At the Library of Congress alone, there were 21 boxes worth of Claude Shannon papers. We went through each carton, page by page. And that was just the beginning. Outside of what was in that…
speech  creative  shannon  thinking  inspiration 
august 2017 by lolptdr
10,000 Hours With Claude Shannon: How A Genius Thinks, Works, and Lives
See, we just published the biography of Dr. Claude Shannon. He’s the most important genius you’ve never heard of, a man whose intellect was on par with Albert Einstein and Isaac Newton. We spent five…
shannon  genius  innovation  history 
august 2017 by pinterb

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