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#051 - The Black Swan: Nassim Taleb (Incerto Series)

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Manage episode 410768762 series 3269211
Content provided by Rational VC Limited, Cyrus Yari, and Iman Olya. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Rational VC Limited, Cyrus Yari, and Iman Olya or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Learn from history's Greatest Minds — and find Timeless ideas you can apply to business and life. Every podcast episode we explore a Lindy book: We strive to become polymaths like our investing and business icons, pulling the Big Ideas from a wide range of disciplines to help us become better investors and operators. For the curious-minded seeking Worldly Wisdom. Join 3,000+ curious minds and avid readers by subscribing @ rationalvc.com to get free access to essays and exclusive content.

For the video version of this episode click here.

Timestamps:

(00:00) Intro / chit-chat

(09:26) Structure of the show

(10:36) What is a Black Swan?

(19:34) Human blindness to Black Swans

(01:02:45) Mediocristan vs Extremistan

(01:30:45) Bell Curve / Gaussian fraud

(01:37:18) Why the Midwit meme is wrong

(01:47:27) Leveraging Black Swans

(01:58:34) Chapter overviews

(02:19:16) Chapter 19 deep dive

(02:27:58) Favourite quotes / our lives

(02:37:09) Fat Tony

(02:43:33) 10 Principles for Black Swan robustness

(02:48:54) Amor Fati

Our website (all essays and podcasts): rationalvc.com Our investment fund: rational.fund Cyrus' Twitter: x.com/CyrusYari Iman's Twitter: x.com/iman_olya

Links mentioned in the episode below:

Iman Tweet on daily routines of creatives: https://twitter.com/iman_olya/status/1764721995743121415

Table 1 - Extremistan vs Mediocristan: https://capitalideasonline.com/wordpress/mediocristan-vs-extremistan/

Vizi Andrei: https://twitter.com/viziandrei

Cyrus being interviewed on the Brick by Brick podcast: https://open.spotify.com/episode/54RvagfMSIWNtVwAe2193a?si=1cb28db259814326

Cyrus essay on Angel Investing (incl. Barbell Investing): https://www.rationalvc.com/articles/angel

Cyrus essay on Tech Markets are Irrational: https://www.rationalvc.com/articles/irrational

Jack Raines FU Money ZeroHedge essay: https://www.youngmoney.co/p/fck-money

WhosAria Bars of Wisdom newsletter: https://www.barsofwisdom.com

Fat Tony's Community: https://fattonys.net/

Disclaimer: The materials provided are solely for informational or entertainment purposes and do not constitute investment or legal advice. All opinions expressed by hosts and guests are solely their own opinions and do not reflect the opinion of their employer(s).

#Timeless #wisdom #knowledge #books #polymaths

  continue reading

53 episodes

Artwork
iconShare
 
Manage episode 410768762 series 3269211
Content provided by Rational VC Limited, Cyrus Yari, and Iman Olya. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Rational VC Limited, Cyrus Yari, and Iman Olya or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Learn from history's Greatest Minds — and find Timeless ideas you can apply to business and life. Every podcast episode we explore a Lindy book: We strive to become polymaths like our investing and business icons, pulling the Big Ideas from a wide range of disciplines to help us become better investors and operators. For the curious-minded seeking Worldly Wisdom. Join 3,000+ curious minds and avid readers by subscribing @ rationalvc.com to get free access to essays and exclusive content.

For the video version of this episode click here.

Timestamps:

(00:00) Intro / chit-chat

(09:26) Structure of the show

(10:36) What is a Black Swan?

(19:34) Human blindness to Black Swans

(01:02:45) Mediocristan vs Extremistan

(01:30:45) Bell Curve / Gaussian fraud

(01:37:18) Why the Midwit meme is wrong

(01:47:27) Leveraging Black Swans

(01:58:34) Chapter overviews

(02:19:16) Chapter 19 deep dive

(02:27:58) Favourite quotes / our lives

(02:37:09) Fat Tony

(02:43:33) 10 Principles for Black Swan robustness

(02:48:54) Amor Fati

Our website (all essays and podcasts): rationalvc.com Our investment fund: rational.fund Cyrus' Twitter: x.com/CyrusYari Iman's Twitter: x.com/iman_olya

Links mentioned in the episode below:

Iman Tweet on daily routines of creatives: https://twitter.com/iman_olya/status/1764721995743121415

Table 1 - Extremistan vs Mediocristan: https://capitalideasonline.com/wordpress/mediocristan-vs-extremistan/

Vizi Andrei: https://twitter.com/viziandrei

Cyrus being interviewed on the Brick by Brick podcast: https://open.spotify.com/episode/54RvagfMSIWNtVwAe2193a?si=1cb28db259814326

Cyrus essay on Angel Investing (incl. Barbell Investing): https://www.rationalvc.com/articles/angel

Cyrus essay on Tech Markets are Irrational: https://www.rationalvc.com/articles/irrational

Jack Raines FU Money ZeroHedge essay: https://www.youngmoney.co/p/fck-money

WhosAria Bars of Wisdom newsletter: https://www.barsofwisdom.com

Fat Tony's Community: https://fattonys.net/

Disclaimer: The materials provided are solely for informational or entertainment purposes and do not constitute investment or legal advice. All opinions expressed by hosts and guests are solely their own opinions and do not reflect the opinion of their employer(s).

#Timeless #wisdom #knowledge #books #polymaths

  continue reading

53 episodes

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