You may or may not be aware that there's a Simple English Wikipedia.

It's very helpful for those of us who know English, but are unable to parse complex sentences (for whatever reason).

I'm very interested in Taleb's concept of Ergodicity (Taleb may have gotten the idea from Mandelbrot).

Ole Peters has probably been most responsible for fleshing out the concept in the domain of Economics.

I'm very intrigued by the concept and am curious about ways to apply it in my life to improve my life. You may be too.

I know some math, but am often unable to parse interpretations of complex mathematical concepts. _{(Too much information [TMI], but perhaps related to childhood trauma from an abusive father constantly mocking my learning ability and comparing his math test scores to mine. Plot twist: he died poor, and I'm not.)}

I've posted a screenshot below with three sentences/phrases underlined. The screenshot is from this article by Ole. I'd appreciate if you could provide a simple breakdown of what one or more of these sentences are trying to say. Thanks in advance.