Entropy, Compound and Game Theory

20230415 Skin in the game - Real estate agencies don't have skin in the game. They are hired by home owners to negotiate with buyers about the price. It's worth spending more on commission fee to get better agencies. They need to work hard to get better deal for the home owner. Homework is critical to get correct perception about the price and the market. 20230422 The black swans are there waiting. Buffer is critical to handle the black swans. It's worth sacrificing some money to stay in safe area. In general, we should sell before buy with short gap, if we don't have enough budget. 20230429 Do we really need to buy or sell? Think about it carefully. It's worth spending a lot of time to figure it out. To me, it more about time saving and investment. We should choose which season to sell? I think it's not about season, but more about school holiday. During school holiday, there is less traffic and noise, so the house would look more attractive. Private treaty has...

20230209 - Prologue: The tale of the Omega Team 1. With the evolution of AI, the intelligence gap between AI and human is getting bigger and bigger. 2. To get more benefit from AI, we have to grant more and more rights to it. Then it's just matter of time for AI to take over the whole universe. 20230211 - Welcome to the most important conversation of our time. A brief history of complexity The three stages of life Controversies Misconceptions The road ahead We can think of life as a self-replicating information-processing system whose information (software) determines both its behaviour and the blueprints for its hardware. p25 Good point. So, life is all about information? Then AI will generate self-awareness, sooner or later. The beneficial-AI movement wants to avoid placing humanity in the position of those ants. p44 What does AI want? 1. Survive; 2. Grow. AI won't let human treat AI as threat or enemy, until it controls everything. For human, we need to respect diversity of ...

20230218 - 1. A different frame of mind 20230218 - Is this for me? Can we really see through Meme? Think ahead, think hard about time and attention. Memes are the chain in Plato's Cave. Money is one of the major Memes. 20230218 - Barriers to change Vision is the major barrier to me. If there is no vision, there is no plan to reach it. How to find my real vision? What do I want? 20230219 - 2. The lock-in 20230219 - Education and training Most of the knowledge I learned in Year 10 to Year 12 to University are wasted. Surely I learned some skill about how to solve problems, how to learn, and how to be patient, but, does that worth 7 years of time? Is there any better way of doing it? Recently Elon Musk also mentioned similar thoughts. Is it really necessary to go beyond Year 12? Education and training should be life long activity. Most of people believe that's unnecessary, and they don't enjoy it. I guess they confused the education in formal school, and the learning driven by...

20221207 - Introduction 1 Academic analysis of the wealth elites? Interesting but hard. Part A Review of Existing Research, Research Questions and Methodology 6 20221208 - 1 Review of Academic Wealth Research 8 It's dangerous to let other people know that you are wealthy. Even scholars dislike the riches. Luckily people's attitude changed a lot in the past 50 years, so we know more and more about those billionaires. "Think and grow rich" is not completely wrong. If your identity(top priority) is "getting rich", and do everything for this goal, you are much more likely to make good money. However, is this really the best choice of our lives? Is there any survival bias? 20221208 - 2 Defining the Wealth Elite 24 2.1 Who are the economic elite? What is elite? I agree that we should it into three groups. 1. Based on reputation and status. Such as top professionals. 2. Based on money. Such as billionaires. 3. Based on power. Such as high level government officials...

20230212 - Introduction 11 Interesting. Can we rely on common sense to handle the current complicated society? How to tell and balance long term and short term benefit conflicts? Local and large area benefit conflicts? Regarding the 5000+ rules apply to apple orchard, most of them are used to avoid very rare incidents. But this should not be like car accidents: it doesn't make sense to apply so many rules to reduce the probability of very rare incidents. I guess the better way is to ask everyone to use common sense to protect themselves. Regarding the donation of the prom dresses, I don't understand why donation has to be unconditional. Regarding the airport security screening rules, I think it's to avoid noises from people's judgements. It's necessary. Law is for normal situation, not for rare exceptional cases. Thanks for the law designers, at least jury and judges can adjust the law a little bit. 20230212 - Part I Replacing A Failed Philosophy 19 20230212 - 1 Ame...

20221212 - Introduction How to handle tragedy? I believe Elon Musk gave us better solution: keep busy, look forward. But I agree that resilience is muscle, not bone. We can make it stronger. 20221213 - 1 Breathing Again "Children and adults recover more quickly when they realize that hardships aren't entirely their fault, don't affect every aspect of their lives, and won't follow them everywhere forever" p16 People are looking for narratives to explain everything, good or bad. Most of those narratives are wrong, like what Guy De Maupassan said:" Things are not as good we think, and they are not as bad as we think." "You don't merely suffer but have to keep on thinking about the fact that you suffer." p23 Well said! If we stop thinking about the suffer, the suffer would be much reduced. Unnecessary pain comes from subconsciousness. It comes from our mind. That's why zen suggests " Put it all down ": let go of your opinion, your...

20221128 - Introduction: "Step out of the car!" 1 Most of conflicts were caused by benefit conflicts. But a lot were caused by misunderstanding. Do we deserve to get this for free? Is it our rights to get this for free? This type of questions belong to the former. This book focuses on the latter. It's safe to say "good morning" to almost anyone, but further conversation could be dangerous. PART ONE: SPICE AND DIPLOMATS: TWO PUZZLES 20221128 - ONE: Fidel Castro’s Revenge 17 Puzzle Number One: Why can't we tell when the stranger in front of us is lying to our face? p27 Our subconsciousness is not reliable. It's not based on the first principle. How can we crack it? 20221128 - TWO: Getting in Know de Fuhrer 28 Puzzle Number Twe: How is it that meeting a stranger can sometimes make us worse at making sense of that person than not meeting them? p43 We are always looking for narratives to explain whatever we see or hear. But quite often this narrative is just ...