Correlation is not always Causality. .
Month: December 2009
Predicting the future requires an understanding of cause and effect. .
A sequence of progressive hypothesis testing is the most efficient and effective method to derive competitive advantage from data. .
Data alone does not yield competitive advantage. .
I’ve been reading four books simultaneously these days. Of course, I shouldn’t really say simultaneously. I can only read one at a time. More accurate language would be ‘jumping between four books’. The first is Sam Ladner’s excellent thesis on the commodification of time in the new economy. It’s a pretty awesome read. The second is Gladwell’s latest book. And it’s a manageable read because the chapters are well contained. It’s called “What the dog saw”, and that line is pulled from one of the Chapters on Caesar Milan. Fun! The third is a seminal 500 page book about competition. And it’s a sobering read. And the fourth is about mental structures in the new economy. And I haven’t decided[…]