[This Week's Books] 'Barameul Boneun Tuja' and More

Investing by Watching the Wind

Goldman Sachs' global equity strategist and head of European macroeconomic research conducted a detailed analysis of stock market cycles over ten years since 1970. The author states that it is impossible to predict cycles precisely. However, he emphasizes that it is possible to understand the types and characteristics of cycles, which assets and stocks performed well in each phase of the cycle, and what investment strategies are suitable accordingly. (Written by Peter Oppenheimer / Translated by Kim Jaehyung / Waterbear Press)

Algorithms, Paradigms, and Laws

This book examines what rules humanity has created, changed, and abolished from ancient times to the modern era. Furthermore, it reflects on how these rules define, judge, and control reality. The rules are categorized into three types: algorithms, paradigms, and laws. Algorithms refer to rules as tools for measurement and calculation, paradigms as rules in the form of models, and laws as rules for social control. (Written by Lorraine Daston / Translated by Hong Seongwook and Hwang Jeongha / Kkachi)

Everything Is Predictable

This book explains the concept, controversies, and philosophical meanings of Bayes' theorem using familiar everyday examples. Bayes' theorem is a theory discovered by 18th-century British amateur mathematician Thomas Bayes, which states that we can predict the probability of a specific event more accurately based on the information we have. Bayes' theorem is highly applicable and is even mentioned in explaining how the human mind and consciousness operate. (Written by Tom Chivers / Translated by Hong Hangyeol / Gimyoungsa)