Agustin Lebron's philosophical guide to trading — written by a former Jane Street trader — applying trading concepts (adverse selection, edge, variance) to life decisions generally.
Trading epistemology: Lebron extracts the mental models that systematic traders use — adverse selection (why would the other party trade with you?), expected value, variance, edge — and applies them to a wide range of decisions. The book is unusual in the finance literature for being philosophical rather than technical: it asks what it means to have 'edge,' how to think about risk, and why most people's intuitions about uncertainty are wrong. Represents Jane Street's culture of rigorous probabilistic thinking.
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