A historical collection of our writing.
I am an immigrant. I came to the US first in 1983 as an exchange student when I was 16. I stayed with a wonderful family in Rochester, Minnesota and fell in love with this country. I returned to Germany to finish school there but knew that I wanted to study here. I returned first […] Read more (opens Continuations in a new tab)
When your company is growing you have to add new layers of management. One common mistake is to only look outside the company. This is often promoted by investors who are worried that the early employees are too young and inexperienced. But if you only hire from the outside it can be demotivating […] Read more (opens Continuations in a new tab)
So last Uncertainty Wednesday, we introduced the simplest possible setup with two states and two signal values. Today we will introduce the concept of probability. If you go on Wikipedia you can find a great many different definitions of probability, such as classical, frequentist, and Bayesian. If […] Read more (opens Continuations in a new tab)
The other day I was pointed to an essay about how people are overreacting to Trump. That we should all adopt a wait and see attitude instead. In thinking about how to reply it occurred to me that this is exactly how big companies lose against startups. They wait around to see what the startup […] Read more (opens Continuations in a new tab)
There is a good thing about today’s inauguration. Despite having the lowest approval rating of an incoming president in a long time, it appears that we will have a peaceful transfer of power. That is what democracy is designed to do. Now we will also need the other parts of democracy to work, […] Read more (opens Continuations in a new tab)
After giving two examples (Zoltar, Coin Flipping), it is now time in Uncertainty Wednesday to formalize the ideas. The following picture will be useful. It shows a very simple reality/system (the blue box) we are trying to understand and the observation (the arrow) we are making to do so. In […] Read more (opens Continuations in a new tab)
