Luca Dellanna discussed his book, Ergodicity: How Irreversible Outcomes Affect Long-Term Performance, at MOI Global’s Meet-the-Author Forum.

Research director Alex Gilchrist hosts MOI Global’s Meet-the-Author Forum. The event brings together members and a select group of book authors in the pursuit of worldly wisdom. We are delighted to have an opportunity to inspire your reading.

See also John’s conversation with Luca on the same subject.

About the book:

“This is one of the most important books I’ve read, period. It’s short, articulate, and expansive on a singular subject matter — ergodicity, which is really the key ingredient to success in life, marriage, business, family, happiness, health, etc.” –Blake Janover, Janover Inc. CEO

“To not spend time and money on books that you should not waste resources on, please first read this book. This is a great book for those who quickly want to familiarize themselves with the concept of ergodicity. The author goes to great lengths to explain the concept in easily understandable terms. He also offers several practical implications for navigating non-ergodic environments. Highly recommended!” –Auke Hunneman

What is ergodicity, and why does it matter?

“The most important property to understand in probability, in life, in anything.” –Nassim Nicholas Taleb on ergodicity.

“I think the most underrated idea is ergodicity.” –David Perell, author.

Is ergodicity the most important concept in decision-making and behavioral sciences? (Yes.)

Is it relevant for you in your daily life? (Yes.)

Is it possible to explain it so simply that a grandma or a high-schooler can understand it? (Yes.)

Even if they know nothing about math? (Yes.)

That’s because ergodicity is an essential idea with so many practical applications. Sadly, most books describe it in a very technical way, making it inaccessible to most people.

In this short book, six-time author Luca Dellanna describes ergodicity as simply as possible. You will read stories about how not knowing about it destroyed his cousin’s career as a skier, or how misunderstanding it caused additional deaths during the pandemic. You will learn how to spot situations where ergodicity matters and the three strategies to react appropriately.

About the author:

A mechanical engineer by training, Luca Dellanna decided to quit his corporate job to become an independent researcher and author and shed light on the topics of nonlinearities on human collective behavior. Luca believes that those topics are essential for preventing human suffering, especially as the scale of our civilization keeps increasing.His style is concise and direct, focused on cause-effect relationships. He rejects top-down theories and explains most real-world phenomena with bottom-up hypotheses. Luca published his first book, “The Control Heuristic: Explaining Irrational Behavior and Resistance to Change”, in 2017. In the following year, he published another book titled “The World Through a Magnifying Glass: A New Theory to Explain Autism” and followed it up with “The Power of Adaptation”. Luca writes regularly on Twitter (@DellAnnaLuca). His personal website is luca-dellanna.com.