Every podcast episode we explore a Lindy book, and find ideas you can use in business and life. 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 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

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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

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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/

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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).

#Lindy #knowledge #books

Every podcast episode we explore a Lindy book, and find ideas you can use in business and life. Join 3,000+ curious minds and avid readers @ rationalvc.com to get free access to essays and exclusive content. For the video version of episode click here.

Timestamps:

(00:00) Intro / chit-chat
(20:11) Randomness & Luck
(24:46) Monte Carlo Simulation
(31:09) Ergodicity
(31:39) Hindsight Bias
(38:00) Survivorship Bias
(39:50) Asymmetric Bets / John & Nero
(49:53) Skewness & Asymmetry
(57:19) Pascal's Wager
(1:00:53) Induction & Chaos Theory
(1:03:22) Chapter 11
(1:08:45) System-1 vs System-2 Thinking
(1:10:03) Satisficing
(1:20:08) Normative vs Positive Thinking
(1:25:52) Signal vs Noise
(1:28:20) Heuristics
(1:33:45) Final Part of Book (Part 3's Importance)
(1:44:41) Favourite Quotes / Our Lives
(2:06:11) Final 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

-

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).

#Lindy #knowledge #books

** Apologies for the audio quality, it's been a while! New audio set-up. The audio will be significantly better from the next episode. In this transitionary episode we discuss our pivot, after 49 episodes our podcast is continuing, albeit in a much different direction, and rebranding. From the next episode (ep. 50 it will be in the new format and all changes will be reflected then). We discuss all the changes (and our view on the podcasting space) in this short transitionary episode.

Video version of episode: https://www.youtube.com/watch?v=x2L49pYXx8g 

"the rational letter" - For free you can join 3,000+ seasoned investors, founders, scientists, engineers, and erudites read the same email summary of our learnings from a Lindy book and use the ideas in their work and life. Curated and emailed once a month. Nothing else. Sign up for it here: https://rationalvc.com

 
Our investment fund: https://rational.fund 
Cyrus' Twitter: https://twitter.com/CyrusYari 
Iman's Twitter: https://twitter.com/iman_olya 

00:00 Intro Banter
04:18 Explaining the Pivot / Rebrand, Plus Views on Podcasting Space
26:07 Outro

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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).

#podcast #knowledge #books