Showing posts with label survivorship bias. Show all posts
Showing posts with label survivorship bias. Show all posts

May 27, 2008

Had you not lost all your sheep...


Finished that talk on Totalitarian Consumerism from the post before last, and it didn't develop in any meaningful fashion. The man has a whole page of credentials and honors and speaks well, but there's little point to it beyond aren't commercials dumbing, aren't multinationals too much of a good thing, and shouldn't we do something to resist things. He confesses to driving an Audi in a guilty tone, and I although I lack the car-savvy to grasp the consequences of this, I'm sure his home is full of tasteful knick-knacks. In short, he seems like an odd person to be calling for a return to a level of existence beyond which basic needs are not met - although that call itself takes some guts or gall when speaking to a public audience in what was once behind the Berlin Wall.

His prescriptions were not clear, but he didn't suggest running any workarounds on the primate systems just below the surface of us all. And in truth it's so easy to resist on a personal level, by just not buying their stuff. Also...the ability to turn away from the world and it's judgments on success and failure needs to be cultivated, you need to understand your head and learn that nearly all the good things are created inside. Stoicism should be acquired, because even if you have the ability to remain ultra-virtuous you can be sure others will come along and f*** things up before long.

I keep returning to the survivorship bias. The visible success are a small outcrop of all the necessary failures. In many fields, the average level of achievement is very, very low. Think of actors in L.A., the vast majority of whom are waiting tables, so the cliche runs, waiting for their big break. Their level of achievement is zero to date and mostly likely zero in the future. In this I can comfort myself with being statistically bang on target.

In most endeavors outside of the well-run profession the majority of people will fail. That's why it's important to find some work you enjoy or that pays well enough and you can live with.

And yet there's always a secret success, the germ of which is a kind of madness, a refusal to live purely externally and be judged on appearances. Reality is out there, but directly inaccessible to us all, so the construction we perceive is wholly subjective. In short, cultivate your garden.

Pangloss used now and then to say to Candide: "There is a concatenation of all events in the best of possible worlds; for, in short, had you not been kicked out of a fine castle for the love of Miss Cunegund; had you not been put into the Inquisition; had you not traveled over America on foot; had you not run the Baron through the body; and had you not lost all your sheep, which you brought from the good country of El Dorado, you would not have been here to eat preserved citrons and pistachio nuts."

"Excellently observed," answered Candide; "but let us cultivate our garden."
The end of Candide
Related posts tagged 'happiness'.

May 12, 2008

A game of chance and skill


Scientific American highlights a study that suggests the Red Baron was as much lucky as the best ace of his war.

He racked up 80 official air combat victories—the biggest winning streak on either side—before being shot down on April 21, 1918...

German records list 2,894 WWI...[...]...[analyze the pilots' defeat rate—their total chances of being shot down after each flight. That rate started off high—25 percent for the first flight—but fell sharply; by the 10th flight it had leveled off below 5 percent, consistent with the weaker pilots getting picked off and the remaining aces having similar skills in the air. At that rate, the researchers conclude that the odds of one in 2,894 pilots racking up an 80-win streak are about 30 percent—not so remarkable after all.
Still, I wouldn't bet my life on a on being the one in 2,894 with a 3 in 10 chance of success, with success being an 80-win streak that ended being
hit by a single .303 bullet, which caused such severe damage to his heart and lungs that it must have produced a very speedy death.

May 11, 2008

The secret of happiness is this...

Souls of Mischief - 93 Till Infinity

Something like a mission statement from Bertrand Russell's The Conquest of Happiness. [Also available for free on this Japanese site with a number of strange images and gifs.]

The world is vast and our own powers are limited. If all our happiness is bound up entirely with our personal circumstances it is difficult not to demand of life more than it has to give. And to demand too much is the surest way of getting even less than is possible. [...] The secret of happiness is this: let your interests be as wide as possible, and let your reactions to the things and persons that interest you be as far as possible friendly rather than hostile.
p123
Which is all well and good - drinking beer with a stack of books on the balcony, until I was driven to retreat by a couple of mosquitoes I was too lazy / slow / compassionate to kill - but the flaw in the above is the injunction to 'not demand of life more than it has to give'. How to test the limits of this and be confident one isn't holding back not out of timidity, but wisdom?

Another book in the stack is Disputers of the Tao, by A.C. Graham, which I picked up in Shanghai 11 years ago and read, made notes in. Am curious what my old self felt important. Chuang-Tzu [aka Zhuang-Zi] has the idea of 'the untroubled idler', 'interested only in doing nothing', and it's one that's always appealed to me. This is the tension / dilemma - do nothing or work furiously? I did very little for years, but now I lack the balls to be a true idler, or maybe just the resources.

Which brings me to the third leg of this post, something else I read today, entry 38 in Nassim Taleb's online notebook [scroll down].
I am involved in an activity called “glander”, more precisely “glandouiller”. It means “to idle”, though not “to be in a state of idleness” (it is an active verb). Gandouiller denotes enjoyment. [...]Glander is how I write my books, how I brew ideas. Remarkably it best describes the notion of lifting all inhibitions to “tinker intellectually in an undirected stochastic process aiming at capturing some idea that will enrich your corpus”. “Researching” or “thinking” smack of a top-down activity. Newton was my kind of a “glandeur”; In [Dijksterhuis 2004]:
George Spencer Brown has famously said about Sir Isaac Newton that “to arrive at the simplest truth, as Newton knew and practiced, requires years of contemplation. Not activity. Not reasoning. Not calculating. Not busy behavior of any kind. Not reading. Not talking. Not making an effort. Not thinking. Simply bearing in mind what it is that one needs to know.”
My doing nothing is dangerously close to doing nothing. Everyone knows someone who wanted to be an artist of some kind, who was dedicated to their craft and knew they were going to succeed, because perseverance and talent were the keys to success, and they had both. At the very least, they had the former, and success, as Woody Allen promised, is mostly turning up. Everyone knows someone like that. Many people, [most?], have been or remain someone like that. But not many people pay the rent as artists, there's plenty of losers hidden behind each winner. Likewise, my doing nothing is no doubt doing it's part in the complex math of reality to support someone who'll bring something useful back from their lounging.

But that's looking at things only from the standpoint of $ and acclaim. The idea is to live a somewhat stoic life, immune from the highs and lows of fortune. The work of real value is internal, which is in any case where all happiness comes from.

Related post: The myth of 1,000 true fans

May 01, 2008

Mario many-worlds traffic death

What I lack in logic I often make up for in certainty, it's another one of my winning qualities. I get the idea of the many-worlds interpretation of quantum physics about as well as any other innumerate liberal arts graduate. My main objection is where would it all go? But that's not the point of this post.

I had a minor traffic accident the other night. I wanted to make a turn and a car backed up and hit my motorcycle, making it / me topple over into the road. Fortunately the important lights were red, so it wasn't into the path of a vehicle, but still I felt the rush of adrenalin, boosted by the fumes from the gasoline that leaked out of the tank. The sense of death being just a few seconds / centimeters away, and how many times I've been in situations like that. For all that my life is or is not, there've been many occasions when things should've gone a lot worse. Hit by a car and falling down in a small pool of gasoline, it felt like death streaming around me, as if, in most other other worlds, something terrible had happened.

It made me think of this video:



Which is what? It's someone doing a level of a Mario game with all the failed attempts / dead Marios overlayed. Scroll down this until So what’s this about quantum physics? for more details , and here's where I originally came across it.

My motorcycle is 20 yrs old and in very bad repair. I'm going to buy a new scooter and pay attention when I drive.

March 09, 2008

The myth of 1,000 true fans

A post that came out a few days ago and has been commented on in many places was Kevin Kelley's 1,000 True Fans, which makes the case that 1,000 such fans, each spending $100 a year on your product, can provide a viable income for an artist. I can only access a cached copy of it from here.


It doesn't seem to work as advertised. The 1,000 fans paying $100 spring out of nowhere, and there's almost certainly a power law to be applied that makes the plan look more realistic and less achievable. Looking at it it very conservatively, with simple numbers, and using a solo musician as the example:

For a 1,000 'true fans' to spend $100 a year [e.g. gigs at the kind of low ticket prices / cut that such a niche performer can command, plus CDs], you'd also need 10,000 to spend $10 [the CD], 100,000 to spend $1 [one or two iTunes downloads], and 1 million to be 'true friends', people who appreciate what you do but don't pay a cent. Then you get your income of $100,000 a year. For a band with four-members and no manager, multiply the above by four to get the same pay. Very soon this moves from being an exciting new idea to exactly how all slightly successful indie musicians have always got by. It's another book being written on the back of a snappy title and a not very profound idea, but one couched in enough terms of personal success, both artistic and financial, that it should appeal to the liberal arts students who have never picked up $$$ self-help book before.

Aside: I've loved The Smiths since they first came out and would consider myself a true fan, even though I've probably only spent a total of US $15 on them in over twenty years. People borrow LPs and CDs. Ownership is not a big deal. Possessions aren't great things to accrue.

In Kelley's defense, he does note:
My formula may be off by an order of magnitude, but even so, its far less than a million.
So...maybe not 1,000 true fans, but 10,000 or a 100,000, with commensurate increases in all the figures outlined above, kind of skewing his thesis from flawed to useless.

Here's something else. Most creative endeavours fail finacially. Again, it probably follows a power law distribution. For example:
JK Rowling has earned $1 billion over the last 10 years - keeping numbers simple enough for me to follow, so we'd expect 10 authors to have earned $100 million, 100 to have $10 million, 1,000 to have $1 million, and 10,000 to have earned S100,000, and so on, right down to all those who've made nothing from their work. A simplification, but the basic idea is clear.

Two things to add. First is the obvious survivorship bias of all the 'winners'. They'll talk about their struggles and the benefits of hard work, of never giving up, and the 'losers' will wrongly take away from this that with hard work and perseverance success is assured. Listening to the winners is nice, but the stories of the losers is far more important.

Second, find a job that you enjoy or learn how to enjoy your job. Interacting on a daily basis with people who hate their place in the world is tiring and makes each transaction sordid, like a crime, and of all the people it hurts it hurts yourself most of all.