There are many useful insights that I learned (or relearned) by reading this book during our trip to Provence in July 2010. The basics are the three laws of probability:
- the probability of two events occurring is never greater than the probability of either
- if there are two possible events A and B then the probability of both occurring is equal to the the product of their probabilities, if they are independent
- if an event can have a number of different and distinct possible outcomes, the the probability of A and B occurring is the sum of the individual probabilities.
Many great authors have been rejected many times. This list includes: John Grisham, Anne Frank, Tony Hillerman.
Successful people in every field are almost universally members of a certain set – the set of people that don’t give up.
Other basics include:
Regression to the mean which can indicate why negative feedback might lead to better performance (fighter pilot training)