Optimal Stopping - Deepstash
How To Start a Running Habit

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Optimal Stopping

Optimal Stopping

When you are hiring, scouting houses to buy, options to consider — when should you stop looking?

You stop looking too early, you don’t know if someone better isn’t going to come along. You stop too late, you might have passed on the best candidate already.

Mathematically — you should stop looking after evaluating 37% of all the options you’re willing to look at. After the 37% option — if anything/anyone comes along who is better than everyone else before you should make the decision.

144

1.51K reads

MORE IDEAS ON THIS

Overfitting

Too much information, options, and research are harmful.

There is wisdom in deliberately thinking less and settling for second-best solutions.

122

943 reads

BRIAN CHRISTIAN, TOM GRIFFITHS

Inaction is just as irrevocable as action.

BRIAN CHRISTIAN, TOM GRIFFITHS

129

1.51K reads

Sorting

Sorting

Sorting is one of the most fundamental problems that computers are solving for us

  • Bubble sort + Insertion sort: when you put the book in alphabetically against a shelf of books, there is a billion different permutations and options
  • Mergesort: when you compare two sets against e...

127

986 reads

Explore vs Exploit

When should you be exploring new options and when should you start settling for the best option you already know? Consider these concepts: 

  • Regret Minimisation Framework: When you look back on your life when you’re 80, what will you regret least?

131

1.19K reads

BRIAN CHRISTIAN, TOM GRIFFITHS

The right action can produce a bad outcome. Process is all we have control over, not results.

BRIAN CHRISTIAN, TOM GRIFFITHS

144

1.77K reads

Scheduling

Scheduling

Scheduling is a fundamental productivity problem.

School of thoughts:

  • Getting Things Done: immediately do any task of two minutes or less once it comes to mind
  • Eat that Frog: beginning with the most difficult task
  • The Now ...

134

834 reads

BRIAN CHRISTIAN, TOM GRIFFITHS

Instead of thinking about only the next decision you will make, think about all of the decisions you are going to make about the same options in the future.

BRIAN CHRISTIAN, TOM GRIFFITHS

136

1.72K reads

Caching / Forgetting

Is a crucial part of computers, human memory, as well as organizing data or your papers on your desk.

  • Random eviction: is not half bad, as the most important things keep getting back in
  • First In, First Out (FIFO): it’s essentially a queue kicki...

121

796 reads

Seize The Interval

Seizing the day and seizing a lifetime are two entirely different endeavors.

When balancing favorite experiences and new ones, nothing matters more than the interval over which we plan to enjoy them. The interval makes the strategy.

By observing the strategy we can also infer...

120

826 reads

The Human Mind

The Human Mind

The human mind does not run out of space, storage is unlimited, but the problem is one of organization. We have an infinite capacity for memories, but we have only a finite amount of time in which to search for them.

Researchers showed that by accumulat...

131

875 reads

CURATED FROM

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leilanie

Leadership is not about authority...

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More like this

The 37%

Mathematics dictates that you should take 37% of the time or options you have to simply look and after that, you should commit to the first option that is better than everything you’ve seen so far.

That’s the point at which you have the highest chance—in a display of mathematical sym...

Rules #31 - #40

Rules #31 - #40

31. Fuel the habit bonfire.

32. Have a philosophy.

33. Make time for philosophy.

33. Don’t just read—you must 

When to quit

Set clear metrics that will help you to know when to give up on an idea, a habit, or a process. Don’t quit when the going gets rough. 

Quit because it’s the right, objective and logical thing to do after weighing your options. Quit because you have a better option and don’t want to waste...

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