Ergodicity as a non-binary property
Traditionally, ergodicity is defined as a binary property, but it can be better understood as a spectrum.
2023-02-28 by Luca Dellanna
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Ergodicity
How irreversible outcomes affect long-term performance in work, investing, relationships, sport, and beyond
Some reviews
"One of the most important books I’ve read, period. It’s short, articulate, and expansive on a singular subject matter — ergodicity, which is really the key ingredient to success in life, marriage, business, family, happiness, health, etc."
Blake Janover
CEO, Janover Inc.
"One of the most important books for everyone to read. Ergodicity should be taught in school and it should be a common metric in businesses that leaders pay attention to and are deliberate about."
Matt Cannon
"A fascinating book […] Once I started, I couldn’t put it down […] the math is minimal, and Luca treats the subject well. I wish I had read it two years earlier"
Robert Matthews
VP of Engineering, Equifax
"Profoundly insightful [...] If you are someone who often needs to make decisions under uncertainty and using incomplete information (which I think applies to most of us), then Ergodicity is a must-read."
Dev Ashish
StableInvestor Founder
"Brilliant. Must read."
N. S. Ramnath
Journalist & Author
"A great book for those who quickly want to familiarize themselves with the concept of ergodicity. The author goes to great lengths explaining the concept in easily understandable terms. Highly recommended!"
Auke Hunneman
BI Norwegian Business School