As a kid growing up in the '80s in India, there was no way a kid in a TV owning household would have missed the desi (Hindi) version of The Jungle Book. The most interesting or the most televised weapon in the animated series was Mowgli's Boomerang. I remember owning an amateurish version of the same sent to me for my loyalty to Nestle's Maggi.
Though not many would own a physical boomerang, at times in their lives they are exposed to power of one. Its situational, and works equally for successes and failures. As they say in statistical terms, mean reversion, that is pretty evident. As one grows stakes rise so does the magnitude of deviations from the mean. Either ways it reverts, like a boomerang. The question then remains, are you good in the disturbed state or being the average guy holding on the mean (and that reminds me of the hypothetical mean's list my MBA colleagues dream of). For them also there lays an advise, things revert and one's on the other side would soon be you. And equally sooner you may be in the disturbed state.
At times you have people such as Einstein, MJ, or Sachin Tendulkar, well those are 10 sigma event. Oh, and now for the first time I feel I am good in statistics and that is at least a 5 sigma event!!
cheers.
Though not many would own a physical boomerang, at times in their lives they are exposed to power of one. Its situational, and works equally for successes and failures. As they say in statistical terms, mean reversion, that is pretty evident. As one grows stakes rise so does the magnitude of deviations from the mean. Either ways it reverts, like a boomerang. The question then remains, are you good in the disturbed state or being the average guy holding on the mean (and that reminds me of the hypothetical mean's list my MBA colleagues dream of). For them also there lays an advise, things revert and one's on the other side would soon be you. And equally sooner you may be in the disturbed state.
At times you have people such as Einstein, MJ, or Sachin Tendulkar, well those are 10 sigma event. Oh, and now for the first time I feel I am good in statistics and that is at least a 5 sigma event!!
cheers.
No comments:
Post a Comment