• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
52 Aces

52 Aces

Learning, competition and capitalism

  • Writing
  • Books
  • Reading List
  • Contact

Writing

Managing the Exploration-Exploitation Dilemma

Ace Eddleman

Table of Contents

  • The Basics
  • Multi-Armed Bandits
  • A Natural Place to Begin: Your Life
  • The Costs & Benefits of Failure
  • Some Principles We Can Now Extract
  • Games The Dilemma Plays
  • Life-Stage Considerations
  • The Patterns in Organizations
  • The Dilemma in Competition
  • The Quality Pattern
  • Parting Thoughts

At the core of every life is a single, difficult question: should I learn more, or should I make the most of what I already know? This is known as “the exploration-exploitation dilemma” (aka “the exploration-exploitation tradeoff“), and it’s the most important problem you’ll ever face.

[Read more…] about Managing the Exploration-Exploitation Dilemma

The Story Doesn’t Matter

Ace Eddleman

Typewriter with the words "Once upon a time..." on it

Studying memory has changed my life.

It’s also opened my eyes to some common illusions we all weave for ourselves (and I include myself in that statement!), particularly when it comes to the concept of a “life story.”

[Read more…] about The Story Doesn’t Matter

The 2 Types of Books You Should Be Reading

Ace Eddleman

Woman standing in a sea of books

Most of what I write here is pretty long and detailed, but I’m going to make an exception today.

This is a quick guide for a common problem that I’ve noticed people have, especially when learning a new skill: picking a book. Enjoy.

[Read more…] about The 2 Types of Books You Should Be Reading

The Value of Information

Ace Eddleman

Unless you’ve been living under a rock for the last 20 years, you’ve no doubt heard all about the benefits of living in “The Information Age.” It’s framed as a wondrous, liberating time to be alive, when there are no restrictions on what you can discover or create.

While I don’t think this is exactly wrong, I do think that there are some serious misconceptions about how much information itself is worth.

[Read more…] about The Value of Information

How to Be a World-Class Anything

Ace Eddleman

It’s a natural and classically human desire to stand victoriously on top of the podium. Even if we don’t admit it, just about everyone internally wants to be the best at something.

Some people want to be great athletes, while others desire admiration for their works of art. No matter what the domain, the idea remains the same: we all want to be (or at least considered) great.

[Read more…] about How to Be a World-Class Anything
  • Go to page 1
  • Go to page 2
  • Go to page 3
  • Interim pages omitted …
  • Go to page 5
  • Go to Next Page »

Primary Sidebar

Connect on Social Media

  • Twitter

Greatest Hits

  • Managing the Exploration-Exploitation Dilemma
  • How to Be a World-Class Anything
  • The Value of Information
  • Systems & Information
  • Boxing, Violence and the Brain
  • Learning How to Program
  • How to Use a Brain

Categories

  • Blog
    • Books
    • Business
    • Complexity
    • Expertise
    • Guides
    • Health
    • Learning
    • Martial Arts
    • Memory
    • Risk
    • Science
      • Neuroscience
    • Systems
    • Technology
      • Programming

Recent Posts

  • Managing the Exploration-Exploitation Dilemma
  • The Story Doesn’t Matter
  • The 2 Types of Books You Should Be Reading
  • The Value of Information
  • How to Be a World-Class Anything

Copyright 52 Aces & Ace Eddleman © 2023 · Log in

  • Start Here
  • Books
  • Writing
  • Reading List
  • Contact