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#054 - The Bed of Procrustes: Nassim Taleb (Incerto Series)

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Manage episode 439586367 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://staging.podcastplayer.com/legal.

Learn from history's Greatest Minds — and find Timeless ideas you can apply to business and life. Every 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. For the curious-minded seeking Worldly Wisdom. Join 3,000+ others by subscribing @ rationalvc.com to get free access to essays and exclusive content.

For the video version of this episode click here.

A rare episode where we invited guests to join us, in this case due to the book being a unique format and also wrapping up our entire 5-episode Incerto Series. We discussed the application of the Incerto teachings in the real world, with two of the biggest Incerto practitioners we know.

Timestamps:

(00:00) Intro

(08:57) Our Favourite Aphorisms

(16:04) Special Guests Join & Their Intros

(17:59) Dangers of Monthly Salary

(24:25) Golden Handcuffs, Legacy vs. Lifestyle

(28:00) Our DNA as Hunter-Gatherers

(31:50) Learn Sales Before Technical Skills

(36:00) Practice Before Theory

(37:04) Conventional Education

(43:00) Convexity, Agency, & Mediocristan

(57:21) More Aphorisms

(1:00:19) Ergodicity, Rationality & Survival

(1:08:32) Venture Capital & Startups

(1:23:53) Asymmetry of Information, & Honour

(1:29:20) Bureaucracy

(1:34:05) Fat Tony

(1:43:11) Small Bets

(2:09:51) Via Negativa & Making Money Online

(2:18:19) Gathering Vs. Elicitation Mindset

(2:21:52) Incerto Practice in the Real World

(2:31:06) Closing Thoughts

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

Guests:

Daniel Vassallo's Twitter: x.com/dvassallo Seb Lees' Twitter: x.com/sebs_tweets Daniel's company: smallbets.com Seb's Podcast & Community: 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

51 episodes

Artwork
iconShare
 
Manage episode 439586367 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://staging.podcastplayer.com/legal.

Learn from history's Greatest Minds — and find Timeless ideas you can apply to business and life. Every 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. For the curious-minded seeking Worldly Wisdom. Join 3,000+ others by subscribing @ rationalvc.com to get free access to essays and exclusive content.

For the video version of this episode click here.

A rare episode where we invited guests to join us, in this case due to the book being a unique format and also wrapping up our entire 5-episode Incerto Series. We discussed the application of the Incerto teachings in the real world, with two of the biggest Incerto practitioners we know.

Timestamps:

(00:00) Intro

(08:57) Our Favourite Aphorisms

(16:04) Special Guests Join & Their Intros

(17:59) Dangers of Monthly Salary

(24:25) Golden Handcuffs, Legacy vs. Lifestyle

(28:00) Our DNA as Hunter-Gatherers

(31:50) Learn Sales Before Technical Skills

(36:00) Practice Before Theory

(37:04) Conventional Education

(43:00) Convexity, Agency, & Mediocristan

(57:21) More Aphorisms

(1:00:19) Ergodicity, Rationality & Survival

(1:08:32) Venture Capital & Startups

(1:23:53) Asymmetry of Information, & Honour

(1:29:20) Bureaucracy

(1:34:05) Fat Tony

(1:43:11) Small Bets

(2:09:51) Via Negativa & Making Money Online

(2:18:19) Gathering Vs. Elicitation Mindset

(2:21:52) Incerto Practice in the Real World

(2:31:06) Closing Thoughts

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

Guests:

Daniel Vassallo's Twitter: x.com/dvassallo Seb Lees' Twitter: x.com/sebs_tweets Daniel's company: smallbets.com Seb's Podcast & Community: 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

51 episodes

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