Comments on: Seth Godin’s Dip and Multi-armed Bandits http://www.ribbonfarm.com/2007/09/06/seth-godins-dip-and-multi-armed-bandits/ experiments in refactored perception Wed, 08 Feb 2012 03:00:57 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Steeltoedheels » When to quit: why winners quit often and losers stick with it. http://www.ribbonfarm.com/2007/09/06/seth-godins-dip-and-multi-armed-bandits/#comment-12931 Steeltoedheels » When to quit: why winners quit often and losers stick with it. Tue, 08 Nov 2011 17:24:25 +0000 http://www.ribbonfarm.com/2007/09/06/seth-godins-dip-and-multi-armed-bandits/#comment-12931 [...] out the diagram below which I borrowed from Ribbon Farm. Note that there are two “quit” lines. The first is a good point to quit, when you [...] [...] out the diagram below which I borrowed from Ribbon Farm. Note that there are two “quit” lines. The first is a good point to quit, when you [...]

]]> By: Steven http://www.ribbonfarm.com/2007/09/06/seth-godins-dip-and-multi-armed-bandits/#comment-10109 Steven Mon, 11 Apr 2011 19:53:08 +0000 http://www.ribbonfarm.com/2007/09/06/seth-godins-dip-and-multi-armed-bandits/#comment-10109 My inference from the book is to accept your ignorance of the cul-de-sacs, and choose projects with shorter dips, which amounts to something like failing fast. Also, the true chart is the average of many dip-like curves, so creating regular, small wins keeps the minimum from getting too low. @James nice take on it - if you can identify the low point of dips of others, you can buy low. Still have a problem of the cul-de-sac uncertainty, though. My inference from the book is to accept your ignorance of the cul-de-sacs, and choose projects with shorter dips, which amounts to something like failing fast. Also, the true chart is the average of many dip-like curves, so creating regular, small wins keeps the minimum from getting too low.

@James nice take on it – if you can identify the low point of dips of others, you can buy low. Still have a problem of the cul-de-sac uncertainty, though.

]]> By: Jonha http://www.ribbonfarm.com/2007/09/06/seth-godins-dip-and-multi-armed-bandits/#comment-4498 Jonha Tue, 23 Mar 2010 02:46:03 +0000 http://www.ribbonfarm.com/2007/09/06/seth-godins-dip-and-multi-armed-bandits/#comment-4498 When Seth and your ideas met, it was a mixture of great discernment all laid in a distinctive explanation. I like how you carefully dissected all the information about The Dip. I've been hearing a lot about Seth and I think it's really good to read about a concrete reason why a lot of people reads his books. When Seth and your ideas met, it was a mixture of great discernment all laid in a distinctive explanation. I like how you carefully dissected all the information about The Dip. I’ve been hearing a lot about Seth and I think it’s really good to read about a concrete reason why a lot of people reads his books.

]]> By: James Sellers http://www.ribbonfarm.com/2007/09/06/seth-godins-dip-and-multi-armed-bandits/#comment-3579 James Sellers Fri, 20 Nov 2009 01:41:00 +0000 http://www.ribbonfarm.com/2007/09/06/seth-godins-dip-and-multi-armed-bandits/#comment-3579 This rise-crest-rise model is mirrored in the investment strategy books written by William O'Neal. He describes it as a "cup with handle" pattern in the price pattern of the stocks, and suggests getting on at the low point of the dip to ride the back end. A little different way of looking at the curve. This rise-crest-rise model is mirrored in the investment strategy books written by William O’Neal. He describes it as a “cup with handle” pattern in the price pattern of the stocks, and suggests getting on at the low point of the dip to ride the back end. A little different way of looking at the curve.

]]> By: Matt Gershoff http://www.ribbonfarm.com/2007/09/06/seth-godins-dip-and-multi-armed-bandits/#comment-2488 Matt Gershoff Fri, 17 Jul 2009 18:49:54 +0000 http://www.ribbonfarm.com/2007/09/06/seth-godins-dip-and-multi-armed-bandits/#comment-2488 Interesting. Would it make sense to think of the 'dip' as a POMDP? Perhaps the belief states would be over the Cul de sac, Linear, nonlinear states of each arm? Just a thought. Cheers Matt Interesting. Would it make sense to think of the ‘dip’ as a POMDP? Perhaps the belief states would be over the Cul de sac, Linear, nonlinear states of each arm? Just a thought.

Cheers

Matt

]]> By: Enterprise 2.0 Blog » Blog Archive » Books for an Enterprise 2.0 Canon http://www.ribbonfarm.com/2007/09/06/seth-godins-dip-and-multi-armed-bandits/#comment-1696 Enterprise 2.0 Blog » Blog Archive » Books for an Enterprise 2.0 Canon Wed, 17 Dec 2008 15:33:56 +0000 http://www.ribbonfarm.com/2007/09/06/seth-godins-dip-and-multi-armed-bandits/#comment-1696 [...] 2.0: The Dip by Seth Godin is seriously important for a key reason — it is not packaged as such, but it is [...] [...] 2.0: The Dip by Seth Godin is seriously important for a key reason — it is not packaged as such, but it is [...]

]]> By: Enterprise 2.0 Blog » Blog Archive » Has Seth Godin Peaked? http://www.ribbonfarm.com/2007/09/06/seth-godins-dip-and-multi-armed-bandits/#comment-1591 Enterprise 2.0 Blog » Blog Archive » Has Seth Godin Peaked? Fri, 21 Nov 2008 01:58:48 +0000 http://www.ribbonfarm.com/2007/09/06/seth-godins-dip-and-multi-armed-bandits/#comment-1591 [...] marketing, I still find myself using its ideas frequently in other, general-communication contexts. The Dip was a gem of a book that made a tough philosophical idea easy to [...] [...] marketing, I still find myself using its ideas frequently in other, general-communication contexts. The Dip was a gem of a book that made a tough philosophical idea easy to [...]

]]> By: Dane Sanders Blog » Blog Archive » Hard is the NEW Easy! http://www.ribbonfarm.com/2007/09/06/seth-godins-dip-and-multi-armed-bandits/#comment-1462 Dane Sanders Blog » Blog Archive » Hard is the NEW Easy! Mon, 27 Oct 2008 23:19:38 +0000 http://www.ribbonfarm.com/2007/09/06/seth-godins-dip-and-multi-armed-bandits/#comment-1462 [...] special thanks to Ribbon Farm for the diagram [...] [...] special thanks to Ribbon Farm for the diagram [...]

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