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The plot thickens… Louis Bachelier preceded Jensen… by 5 years. He also preceded Einstein 's Brownian motion by 6 years…

The plot thickens… Louis Bachelier preceded Jensen… by 5 years. He also preceded Einstein ‘s Brownian motion by 6 years…

Jensen’s Inequality

This entry was posted in Facebook, Feeds on November 10, 2010 by Nassim Nicholas Taleb.

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← The seminal biological paper (Edelman & Gally) on functional redundancy. Now the point is that biologists miss the convexity (optionality) argument. Every branch knows a version of optionality, but without going to the end.http://www.pnas.org/content/98/24/13763.full.pdf+html (Apologies, my friends, for this scientific digression into convexity, biology, & antifragility, away from aphorisms, Lebanese wines, and more important matters. ) →

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