Metadata
- Author: Kris Abdelmessih
- Full Title:: Jensen’s Inequality as an Intuition Tool
- Category:: 🗞️Articles
- Document Tags:: Data Analysis,
- URL:: https://blog.moontower.ai/jensens-inequality-as-an-intuition-tool/
- Finished date:: 2024-09-22
Highlights
. It has become tiresome to point out that we do not have natural intuition for growth and decay rates. Even finance folk who are apt to appreciate the idea of compounding seem to not recognize it when the investing skin is pulled off it. (View Highlight)
The failure to recognize non-linear domains is serious, because it leads to wildy wrong predictions. And life is prediction. We implicitly predict that the sun will rise tomorrow. (View Highlight)
E[f(x)] ≥ f(E[x]) (View Highlight)