The Acquirers Podcast cover image

Value After Hours S06 E36 Author Brendan Hughes on Markets in Chaos: A History of Market Crises

The Acquirers Podcast

00:00

Understanding Jensen's Inequality

This chapter explores Jensen's inequality, a pivotal concept in convex analysis and probability theory, and its implications in diverse fields like finance and machine learning. Through relatable examples, it illustrates how non-linear functions affect averages, emphasizing the importance of recognizing non-linearity in investment strategies.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app