Ergodicity

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Fans of Nassim Nicholas Taleb and Rory Sutherland will know all about it, but for mathematics clots like me, it’s new, and it’s taken two weeks to get my head around and I probably have it wrong. I am no mathematician and I’m in way over my skis here — but since it’s the only time that’s going to happen in season 20/21, I’m going to enjoy it.

You could cut straight to the chase and watch Ole Peters explaining it in a lecture to Gresham College about eight years ago in the panel to the right ==>